Indonesia's Military Spending is Seventh Largest in Asia

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Yosepha Pusparisa 27/04/2021 15:30 WIB
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Indonesia is the seventh-largest military spender in Asia. Globally, it ranks 25th, contributing 0.5% to global military expenditure.

This position is due to Indonesia's military spending reaching US$9.4 billion or Rp136.3 trillion (Rp14,500/USD exchange rate) in 2020. According to the Stockholm International Peace Research Institute (SIPRI), this equates to 0.9% of the national GDP.

China holds the top position in Asia, with an estimated military expenditure of US$252 billion. India and Japan follow with military spending of US$72.9 billion and US$49.1 billion, respectively.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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