Stockholm (HRNW) Pakistan spent around $11.3 billion for military purposes in year 2021 recording a nominal decrease of 0.7% from a year earlier, according to a report by the Stockholm International Peace Research Institute (Sipri).
Sipri, an independent international institute dedicated to research into arms control and disarmament, said that Pakistan military expenditure is equivalent to 3.8% country’s total Gross Domestic Product (GDP).
The country is on 23rd spot on the list of countries with highest military expenditure in the world.
Pakistan’s arch rival India has the third highest military expenditure in the world. It spent $76.6 billion on defence recording an increase of 0.9% from a year ago.
India’s military is around 2.7% of its total GDP and 3.6 per cent of total global military expenditure.
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