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India becomes world's 5th largest military spender, Pakistan not in the top 15 list

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http://indiatoday.intoday.in/story/...-fifth-pakistan-us-russia-china/1/936738.html

India has become world's fifth largest military spender after the expenditure grew around 8.5 percent in 2016. Here are ten things to know about it.


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IANS | Edited by Sanjana Agnihotri
New Delhi, April 24, 2017 | UPDATED 15:17 IST
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India has become world's fifth largest military spender after the expenditure grew around 8.5 per cent in 2016. According to figures released by the Stockholm International Peace Research Institute (SIPRI), India spent $55.9 billion in 2016.


Here are 10 things to know about the findings:
  1. US remains the world's largest military spender with a growth of 1.7 per cent between 2015 and 2016 increasing the expenditure to $611 billion.
  2. China's military expenditure has increased by 5.4 per cent and is now $215 billion. However, the growth rate is much lower than the previous years.
  3. After China, third in line, is Russia with $69.2 billion and an increase of 5.9 percent.
  4. Saudi Arabia dropped to the fourth position in 2016 after its spending dropped by 30 per cent despite continued involvement in regional wars.
  5. The list of top 15 spenders include Japan, South Korea and Australia. Pakistan, with its $9.93 billion expenditure, does not figure in the top 15 list.
  6. Military expenditure in Western Europe rose for the second consecutive year and was up by 2.6 per cent.
  7. In 2016, the global military spending accounted for 2.2 per cent of the worldwide GDP.
  8. Military spending as a share of GDP, was highest in the Middle East with an average of 6.0 per cent. However, data for all Middle Eastern countries was not available.
  9. In Asia and Oceania (Australia, New Zealand, Fiji, and others), military expenditure rose by 4.6 per cent in 2016. Spending levels are related to the many tensions in the region such as over territorial rights in the South China Sea.
  10. "The growth in US military expenditure in 2016 may signal the end of a trend of decreases in spending, which resulted from the economic crisis and the withdrawal of US troops from Afghanistan and Iraq," the report said.

Nice ; Very Nice ; I LIKE it :enjoy:

With Rapid economic Growth we can become the THIRD LARGEST Spender
After USA and China by 2030
 
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http://indiatoday.intoday.in/story/...-fifth-pakistan-us-russia-china/1/936738.html

India has become world's fifth largest military spender after the expenditure grew around 8.5 percent in 2016. Here are ten things to know about it.


defaultauthor-img.gif

IANS | Edited by Sanjana Agnihotri
New Delhi, April 24, 2017 | UPDATED 15:17 IST
A +A -

military647_042417031028.jpg

close.png



India has become world's fifth largest military spender after the expenditure grew around 8.5 per cent in 2016. According to figures released by the Stockholm International Peace Research Institute (SIPRI), India spent $55.9 billion in 2016.


Here are 10 things to know about the findings:
  1. US remains the world's largest military spender with a growth of 1.7 per cent between 2015 and 2016 increasing the expenditure to $611 billion.
  2. China's military expenditure has increased by 5.4 per cent and is now $215 billion. However, the growth rate is much lower than the previous years.
  3. After China, third in line, is Russia with $69.2 billion and an increase of 5.9 percent.
  4. Saudi Arabia dropped to the fourth position in 2016 after its spending dropped by 30 per cent despite continued involvement in regional wars.
  5. The list of top 15 spenders include Japan, South Korea and Australia. Pakistan, with its $9.93 billion expenditure, does not figure in the top 15 list.
  6. Military expenditure in Western Europe rose for the second consecutive year and was up by 2.6 per cent.
  7. In 2016, the global military spending accounted for 2.2 per cent of the worldwide GDP.
  8. Military spending as a share of GDP, was highest in the Middle East with an average of 6.0 per cent. However, data for all Middle Eastern countries was not available.
  9. In Asia and Oceania (Australia, New Zealand, Fiji, and others), military expenditure rose by 4.6 per cent in 2016. Spending levels are related to the many tensions in the region such as over territorial rights in the South China Sea.
  10. "The growth in US military expenditure in 2016 may signal the end of a trend of decreases in spending, which resulted from the economic crisis and the withdrawal of US troops from Afghanistan and Iraq," the report said.
Congrats.

Yes, China spends lower % of GDP than India does. But again, each nations are unique and have different needs. As far I see China has no serious enemy. While India has Pakistan to deal with.
Where you learn that?
 
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I don't think China has a long way to go as alot of USA's policies are forcing her to self-destruction ... They have created too much mess around ... Specially in middle east ... Alot of muslim countries which use to be buddy state of US now are moving away faster than expected and they have no choice other than China ...

Furthermore,,, USA economy is not recovering ,,, USA managed it influence through economic aid but given the amount of US debt ,,, US has limited options left ...

There is no second thought that at least for a decade there is no match to US military might but US economic might and influence is reducing gradually and China is just filling the gap ....
That's your pipe dream. You have no idea how influential US is. Without a unity in Asia the larger chunk of influence will still be with the west. US is not falling, though you like it to. The GDP growth rate of US is equivalent to the Entire GDP of Pakistan:lol:. As long as dollar exist as a global currency. US will still influence the Global trade.

Lastly, US didn't get rich because of the Arab countries, In reality it's the other way around, Arabs got rich because of US and Europe.
 
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No sir you spend too much compared to us as from the percentage of Economy or size of economy. We have 2.5 TR usd Economy and we Spend 55 bn USD. You have a size of 250 bn USD economy and you spend 10 bn USD. It is just too much.

Pakistan spend close to 3.4% to there GDP where as India spends 2.4 % its not too much when history shared that our closed cousins in the same time spends 5.5% on defense i.e Israel as situation is clear for us and for Israel both are surrounded by large enemies since you like numbers here are some other numbers for you to compete

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Yet Pakistan is still in the top 15 by military power.. and spends more proportionally for its smaller population size.
 
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That's your pipe dream. You have no idea how influential US is. Without a unity in Asia the larger chunk of influence will still be with the west. US is not falling, though you like it to. The GDP growth rate of US is equivalent to the Entire GDP of Pakistan:lol:. As long as dollar exist as a global currency. US will still influence the Global trade.

Lastly, US didn't get rich because of the Arab countries, In reality it's the other way around, Arabs got rich because of US and Europe.

Well most of the economists likes to contradict with you ... even as per world back post 2050 US will be behind India ... as per PWC US is expected to become worlds second economy by end of 2030 ...
http://uk.businessinsider.com/ranke...mies-in-2030-2017-2/#4-japan-5606-trillion-29

You indians are so much blinded by hatred of Pakistanies that rather than understanding the argument and discussing based on facts and asking for sources starts spitting filth ...

However, its not my pipe dream its pipe dream of pwc and maney more world leading economic think tanks ... but from your answere that you dont understand even E of economics ...
 
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Well most of the economists likes to contradict with you ... even as per world back post 2050 US will be behind India ... as per PWC US is expected to become worlds second economy by end of 2030 ...
http://uk.businessinsider.com/ranke...mies-in-2030-2017-2/#4-japan-5606-trillion-29

You indians are so much blinded by hatred of Pakistanies that rather than understanding the argument and discussing based on facts and asking for sources starts spitting filth ...

However, its not my pipe dream its pipe dream of pwc and maney more world leading economic think tanks ... but from your answere that you dont understand even E of economics ...
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Ah, my Pak Friend,


What matters the most is where Pak economy will be in say 2030...and by mid century...
I see the dawn of new cycle for your good country.

Pak strategy of making indian war of agression impossible has been working... becuase Pak planners are wise... War is stupid!!!!

Most important thing for Pak is that Pak citizens reach a middle income bracket per capita. You need two decades of above 6% GDP growth for that...

Rest is just noise and distraction.

You take care.

SPF
 
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