India vs OECD members: Military expenditure

India
86.13 billion current USD
in 2024
OECD members
1.73 trillion current USD
in 2024
India rank
5th
OECD members rank
3rd

Military expenditure over time

  • India
  • OECD members
0500.0B1.0T1.5T196019922024

How they compare

OECD members currently reports 1.73 trillion current USD against 86.13 billion current USD in India, a difference of 1.64 trillion current USD.

That makes OECD members's figure about 20.1 times India's.

Across all 65 years both countries report, OECD members has been ahead every year.

India ranks 5th and OECD members ranks 3rd of 167 countries.

OECD members has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade India OECD members Difference Ahead
1960s 1.48 billion current USD 93.58 billion current USD 92.10 billion current USD OECD members
1970s 3.07 billion current USD 177.32 billion current USD 174.25 billion current USD OECD members
1980s 8.13 billion current USD 419.22 billion current USD 411.09 billion current USD OECD members
1990s 10.13 billion current USD 581.31 billion current USD 571.18 billion current USD OECD members
2000s 22.72 billion current USD 861.05 billion current USD 838.32 billion current USD OECD members
2010s 55.15 billion current USD 1.15 trillion current USD 1.10 trillion current USD OECD members
2020s 79.54 billion current USD 1.47 trillion current USD 1.39 trillion current USD OECD members

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, India or OECD members?
OECD members, at 1.73 trillion current USD against 86.13 billion current USD in India as of 2024.
What is the difference in military expenditure between India and OECD members?
1.64 trillion current USD, with OECD members ahead.
How many years of comparable data are there for India and OECD members?
65 years are reported by both, from 1960 to 2024.
How do India and OECD members rank globally for military expenditure?
India ranks 5th and OECD members ranks 3rd of 167 countries.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current USD). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs OECD members: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 17 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/india/oecd-members/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)