15 Countries With Highest Defense Spending and Largest Military Budgets

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5. India

Military Spending: $55.9 Billion

Next in our list of countries with highest defense spending and largest military budgets is India. India is one of the nine countries that have nuclear weapons, with around 125 warheads. It is also the largest importer of weapons, accounting for 13% of total imports. India is also involved in a conflict over the Kashmir region with neighboring Pakistan, which resulted in an active confrontation in September 2016. India’s military spending accounts for 2.5% of its GDP, having surged by 54% between 2007 and 2016.

Pavel Vakhrushev/Shutterstock.com

Pavel Vakhrushev/Shutterstock.com

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