The Economic Times

India's military expenditure rose by 8.9% to USD 92.1 bln in 2025: Report says global spending surged 2.9%

Global military spending surged to USD 2887 billion in 2025, marking the eleventh consecutive year of growth. India ranked fifth, increasing its spending by 8.9 percent to USD 92.1 billion. The India-Pakistan conflict in May 2025 contributed to this rise. Top spenders included the United States, China, Russia, Germany, and India.