India vs Post-demographic dividend: Military expenditure

India
86.13 billion current USD
in 2024
Post-demographic dividend
1.66 trillion current USD
in 2024
India rank
5th
Post-demographic dividend rank
4th

Military expenditure over time

  • India
  • Post-demographic dividend
0500.0B1.0T1.5T196019922024

How they compare

Post-demographic dividend currently reports 1.66 trillion current USD against 86.13 billion current USD in India, a difference of 1.57 trillion current USD.

That makes Post-demographic dividend's figure about 19.3 times India's.

Across all 65 years both countries report, Post-demographic dividend has been ahead every year.

India ranks 5th and Post-demographic dividend ranks 4th of 167 countries.

Post-demographic dividend has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade India Post-demographic dividend Difference Ahead
1960s 1.48 billion current USD 86.77 billion current USD 85.28 billion current USD Post-demographic dividend
1970s 3.07 billion current USD 160.26 billion current USD 157.19 billion current USD Post-demographic dividend
1980s 8.13 billion current USD 407.33 billion current USD 399.20 billion current USD Post-demographic dividend
1990s 10.13 billion current USD 562.41 billion current USD 552.27 billion current USD Post-demographic dividend
2000s 22.72 billion current USD 829.60 billion current USD 806.88 billion current USD Post-demographic dividend
2010s 55.15 billion current USD 1.10 trillion current USD 1.04 trillion current USD Post-demographic dividend
2020s 79.54 billion current USD 1.42 trillion current USD 1.34 trillion current USD Post-demographic dividend

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, India or Post-demographic dividend?
Post-demographic dividend, at 1.66 trillion current USD against 86.13 billion current USD in India as of 2024.
What is the difference in military expenditure between India and Post-demographic dividend?
1.57 trillion current USD, with Post-demographic dividend ahead.
How many years of comparable data are there for India and Post-demographic dividend?
65 years are reported by both, from 1960 to 2024.
How do India and Post-demographic dividend rank globally for military expenditure?
India ranks 5th and Post-demographic dividend ranks 4th 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 Post-demographic dividend: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 18 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/india/post-demographic-dividend/

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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)