Global military spending rose despite pandemic
even as some defence funds were reallocated to fight the pandemic, the Stockholm International Peace Research Institute said in a report issued on Monday. The five biggest spenders in 2020, which together accounted for 62% of military spending worldwide, were the US, China, India, Russia and Britain in that order. “We can say with some certainty that the pandemic did not have a significant impact on global military spending in 2020,” SIPRI researcher Diego Lopes da Silva said.