Pakistan among top 20 military spending countries in 2018: Sipri report

Published April 29, 2019
Over the past 10 years, Pakistan's military spending has risen by 73pc, Sipri report says. — AFP/File
Over the past 10 years, Pakistan's military spending has risen by 73pc, Sipri report says. — AFP/File

Pakistan was 2018's 20th biggest military spender in the world with an expenditure of $11.4 billion, a report published by the Stockholm International Peace Research Institute (Sipri) said.

The military spending of 2018 made up for four per cent of Pakistan's gross domestic product (GDP) which is the highest level since 2004, according to the report by the Sweden-based institute.

The Sipri report ranked Pakistan among the top 10 countries with the highest "military burden" — described as a "state’s military expenditure as a share of GDP".

Since 2009, Pakistan's military spending has increased every year, the report stated, adding that between 2009 and 2018 the spending increased by 73pc. In 2017-18, the increase in military expenditure was 11pc, it said.

Top military spenders

The top military spender in the world is the United States, which spent $649bn on its forces last year. The US military spending, however, has decreased by 17pc over the past decade, the report said.

It is followed by China (around $250bn), Saudi Arabia (around $67.6bn), India ($66.5bn) and France ($63.8bn). These five countries accounted for 60pc of the global military spending.

According to the report, India's military spending, which rose by 3.1pc between 2017-18, was "largely motivated by tensions and rivalry with Pakistan and China".

Despite the increase from last year, India's military burden was the lowest since the 1960s and made up for 2.4pc of its GDP.

Opinion

Editorial

Business concerns
Updated 26 Apr, 2024

Business concerns

There is no doubt that these issues are impeding a positive business clime, which is required to boost private investment and economic growth.
Musical chairs
26 Apr, 2024

Musical chairs

THE petitioners are quite helpless. Yet again, they are being expected to wait while the bench supposed to hear...
Global arms race
26 Apr, 2024

Global arms race

THE figure is staggering. According to the annual report of Sweden-based think tank Stockholm International Peace...
Digital growth
Updated 25 Apr, 2024

Digital growth

Democratising digital development will catalyse a rapid, if not immediate, improvement in human development indicators for the underserved segments of the Pakistani citizenry.
Nikah rights
25 Apr, 2024

Nikah rights

THE Supreme Court recently delivered a judgement championing the rights of women within a marriage. The ruling...
Campus crackdowns
25 Apr, 2024

Campus crackdowns

WHILE most Western governments have either been gladly facilitating Israel’s genocidal war in Gaza, or meekly...