With Defence Budget of over Rs 3 lakh crore, India is now among the top 5 countries with highest defence budget

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Courtesy: Garavi Gujarat Publications

The Defence Budget of India for financial year 2019-20 will be the highest defence budget in the history of Independent India. Narendra Modi Government announces highest ever defence budget of over Rs 3 lakh crore. For securing India’s border the Government also gave assurance of providing additional funds if needed. Now if we compare India’s defence budget with different countries of the world, India’s defence budget comes among the top 5 defence budgets of the world.

Here is the list of top 15 defence budgets published by Stockholm International Peace Research Institute (SIPRI) which is ranked among the top three non US world wide think tank in 2014.

Top 15 countries with highest Defence Budget

1. USA-$610 Billion 
2. China-$228 Billion 
3. Saudi Arabia-$69.4 Billion 
4. Russia-$66.3 Billion 
5. India-$63.9 Billion 
6. France-$57.8 Billion 
7. United Kingdom-$47.2 Billion 
8. Japan-$45.4 Billion 
9. Germany-$44.3 Billion 
10. South Korea-$39.2 Billion 
11. Brazil-$29.3 Billion 
12. Italy-$29.2 Billion 
13. Australia-$27.5 Billion 
14. Canada-$20.6 Billion 
15. Turkey-$18.2 Billion 

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