Russia is back in the top five countries with the highest military expenditures. This is stated in the report of the Stockholm international Institute for peace studies (SIPRI), reports TASS.
According to analysts, Russia took the fourth position from 65.1 billion (3.9 percent of GDP). The growth amounted to 4.5 percent. The leaders of the rating were the United States (732 billion U.S. dollars), China (261 billion) and India (71.1 billion).
rounding the top-5 in Saudi Arabia. Previously, the country held the third spot, but reduced military spending by 16 percent, to 61.9 billion.
the Global volume of military spending in 2019 was a record 1,917 trillion dollars.
In 2019 Russia for the first time in 13 years fell out of the top five leaders of the rating by spending on defense. This happened due to the fact that in 2018, Moscow reduced the military expenditure by 3.5 percent.
