Answer-<p>According to the SIPRI report, titled &ldquo;Trends in World Military Expenditure Repor...

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Answer-&lt;p&gt;According to the SIPRI report, titled &amp;ldquo;Trends in World Military Expenditure Repor...

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SIPRI is an independent international institute dedicated to research into conflict, armaments, arms control and disarmament. According to new data by defence think tank SIPRI, The US, China, India, UK and Russia were the top five defence spenders. The US, which far outspent any other nation with 801bn, and decreased its spending by 1.4 percent in 2021. The United States, China, India, the United Kingdom and Russia were the top five defence spenders, together accounting for 62 percent of the global expenditure. China, the worldrsquos second largest military spender at an estimated 293bn, boosted its expenditure by 4.7 percent, marking the 27th straight year of increased spending. India, the worldrsquos third largest spender at 76.6bn, also increased funding in 2021, but by a more modest 0.9 percent. The UK took the number four spot, with a three percent increase in military spending to 68.4bn, replacing Saudi Arabia which instead decreased spending by 17 percent to an estimated 55.6bn.

According to the SIPRI report, titled “Trends in World Military Expenditure Report 2021”, which country is the 5th largest spender in 2021?

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