Thursday, December 26, 2024

Pakistan spent $11.3 Billion for Military Purpose in 2021, Says Report.

An amount of $11.3 billion, was being spent by Pakistan on the military factors in 2021, as per the data recorded by the International Peace Research Institute in Stockholm, (SIPRI) there was a fractional drop down of 0.7 % since 2020.

According to the data collected by the SIPRI institute, a private international organizations dedicated to the reduction of weapons and disarming studies, which claims that Pakistan’s Military budget is around 3.8 percent of the country’s overall GDP.

On the list of Countries with the most spending in military, Pakistan stands at the 23rd number.

India stands on the 3rd Number, the opposition of Pakistan, India invests the third largest all over it’s army in the world, and it invested around $76.6 Billion on Military in the prior year, rising 0.9% from the past year.

India’s Military budges comprises of around 2.7% of it’s GDP and 3.6 % of its Global Military budget.

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