In a report published by Sweden-based think-tank Stockholm International Peace Research Institute titled "Trends in World Military Expenditure Report 2021", India's military expenditure is the third highest in the world after the US and China.
Norway (1st) Denmark (2nd), Sweden (3rd) Estonia (4th) and Finland (5th) grabbed the top positions, while North Korea remained at the bottom of the list of the 180 countries and territories.
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