Pakistan military expenditure increased by 73% in 9 years, SIPRI

Pakistan military expenditure increasedby 73% between 2009 and 2018, and by 11% between 2017 and 2018.

This is declared according to a newreportreleased on Monday by the Stockholm International Peace Research Institute (SIPRI).

In 2018, Pakistan military expenditure was $11.4 billion, making it the 20th-largest spender globally.

SOURCE: SIPRI

As per the SIPRI data, Pakistanisamong the top 10 countries with the highest military burden. A states military expenditure as a share of GDP also known as the military burden is the simplest measure of the relative economic burden the military places on that state, the report explains.

Pakistans military burden in 2018 was 4.0% of GDP the highest level since 2004, it states.

Six of the 10 countries with the highest military burden in the world in 2018 are in the Middle East: Saudi Arabia (8.8% of GDP), Oman (8.2%), Kuwait (5.1%), Lebanon (5.0%), Jordan (4.7%) and Israel (4.3%).

The other four are Algeria (5.3%), Armenia (4.8%),
Pakistan (4.0%) and Russia (3.9%).

China, meanwhile, remains the worlds second-largest military spender, allocating $250billion to the military in 2018, which accounted for 14% of global spending.

Another key finding of the SIPRI report was that United States military spending has risen for the first time in seven years, reflecting the Trump administrations policy.

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