India vs Low & middle income: Military expenditure (current USD), gaps filled

India
86.13 billion current USD
in 2024
Low & middle income
687.69 billion current USD
in 2024
India rank
5th
Low & middle income rank
8th

Military expenditure (current USD), gaps filled over time

  • India
  • Low & middle income
0200.0B400.0B600.0B196019922024

How they compare

Low & middle income currently reports 687.69 billion current USD against 86.13 billion current USD in India, a difference of 601.57 billion current USD.

That makes Low & middle income's figure about 8.0 times India's.

Across all 36 years both countries report, Low & middle income has been ahead every year.

India ranks 5th and Low & middle income ranks 8th of 167 countries.

Low & middle income has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade India Low & middle income Difference Ahead
1980s 10.59 billion current USD 83.08 billion current USD 72.49 billion current USD Low & middle income
1990s 10.13 billion current USD 94.10 billion current USD 83.97 billion current USD Low & middle income
2000s 22.72 billion current USD 182.57 billion current USD 159.85 billion current USD Low & middle income
2010s 55.15 billion current USD 429.71 billion current USD 374.57 billion current USD Low & middle income
2020s 79.54 billion current USD 595.62 billion current USD 516.08 billion current USD Low & middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), gaps filled, India or Low & middle income?
Low & middle income, at 687.69 billion current USD against 86.13 billion current USD in India as of 2024.
What is the difference in military expenditure (current usd), gaps filled between India and Low & middle income?
601.57 billion current USD, with Low & middle income ahead.
How many years of comparable data are there for India and Low & middle income?
36 years are reported by both, from 1989 to 2024.
How do India and Low & middle income rank globally for military expenditure (current usd), gaps filled?
India ranks 5th and Low & middle income ranks 8th of 167 countries.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), gaps filled. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs Low & middle income: Military expenditure (current USD), gaps filled. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-gaps-filled/india/low-and-middle-income/

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About this data

Indicator
Military expenditure (current USD), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.