Military expenditure (current LCU) in India

India: Military expenditure (current LCU) was 8.02 trillion current LCU in 2025. ◆ Volatile

Latest (2025)
8.02 trillion current LCU
Change on year
up 12.0%
World rank
14th
of 168 countries
All-time high
8.02 trillion current LCU
in 2025
All-time low
3.25 billion current LCU
in 1960
Years of data
66
1960–2025

Military expenditure in India, 1960–2025

02.0T4.0T6.0T8.0T196019922025

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

India recorded 8.02 trillion current LCU for military expenditure in 2025. That is the highest value across all 66 years on record.

The figure is up 12.0% on the previous year and up 143.8% over ten years.

Over the whole period, military expenditure in India peaked at 8.02 trillion current LCU in 2025 and was at its lowest, 3.25 billion current LCU, in 1960.

India ranks 14th of 168 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current LCU) in India, year by year

Annual values for Military expenditure (current LCU) in India, 1960 to 2025.
Year current LCU Change
1960 3.25 billion current LCU —
1961 3.56 billion current LCU +9.8%
1962 5.07 billion current LCU +42.4%
1963 8.55 billion current LCU +68.5%
1964 9.46 billion current LCU +10.6%
1965 10.12 billion current LCU +7.0%
1966 10.56 billion current LCU +4.3%
1967 11.16 billion current LCU +5.6%
1968 11.90 billion current LCU +6.7%
1969 12.69 billion current LCU +6.6%
1970 13.75 billion current LCU +8.4%
1971 16.90 billion current LCU +22.9%
1972 18.97 billion current LCU +12.2%
1973 19.59 billion current LCU +3.3%
1974 23.46 billion current LCU +19.8%
1975 27.84 billion current LCU +18.7%
1976 29.52 billion current LCU +6.1%
1977 30.38 billion current LCU +2.9%
1978 32.57 billion current LCU +7.2%
1979 37.30 billion current LCU +14.5%
1980 42.62 billion current LCU +14.3%
1981 50.90 billion current LCU +19.4%
1982 59.59 billion current LCU +17.1%
1983 68.98 billion current LCU +15.8%
1984 79.05 billion current LCU +14.6%
1985 93.59 billion current LCU +18.4%
1986 120.30 billion current LCU +28.5%
1987 140.99 billion current LCU +17.2%
1988 157.91 billion current LCU +12.0%
1989 171.82 billion current LCU +8.8%
1990 184.44 billion current LCU +7.3%
1991 196.10 billion current LCU +6.3%
1992 209.50 billion current LCU +6.8%
1993 251.68 billion current LCU +20.1%
1994 278.62 billion current LCU +10.7%
1995 316.31 billion current LCU +13.5%
1996 350.95 billion current LCU +11.0%
1997 416.33 billion current LCU +18.6%
1998 491.84 billion current LCU +18.1%
1999 598.28 billion current LCU +21.6%
2000 642.10 billion current LCU +7.3%
2001 688.95 billion current LCU +7.3%
2002 716.99 billion current LCU +4.1%
2003 760.89 billion current LCU +6.1%
2004 917.14 billion current LCU +20.5%
2005 1.02 trillion current LCU +10.9%
2006 1.09 trillion current LCU +6.7%
2007 1.17 trillion current LCU +7.7%
2008 1.44 trillion current LCU +22.9%
2009 1.87 trillion current LCU +30.5%
2010 2.11 trillion current LCU +12.4%
2011 2.32 trillion current LCU +9.9%
2012 2.52 trillion current LCU +8.9%
2013 2.78 trillion current LCU +10.1%
2014 3.11 trillion current LCU +11.9%
2015 3.29 trillion current LCU +5.9%
2016 3.81 trillion current LCU +15.7%
2017 4.21 trillion current LCU +10.6%
2018 4.53 trillion current LCU +7.6%
2019 5.03 trillion current LCU +11.1%
2020 5.40 trillion current LCU +7.3%
2021 5.64 trillion current LCU +4.5%
2022 6.28 trillion current LCU +11.4%
2023 6.79 trillion current LCU +8.2%
2024 7.16 trillion current LCU +5.4%
2025 8.02 trillion current LCU +12.0%

India compared with similar countries

  • India's 8.02 trillion current LCU is above the median for lower middle income countries, which is 121.21 billion current LCU, 66.2× the median. (40 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current LCU) in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1963 +68.5% 5.07 billion current LCU 8.55 billion current LCU

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.63 billion current LCU 3.25 billion current LCU 12.69 billion current LCU 10
1970s 25.03 billion current LCU 13.75 billion current LCU 37.30 billion current LCU 10
1980s 98.58 billion current LCU 42.62 billion current LCU 171.82 billion current LCU 10
1990s 329.40 billion current LCU 184.44 billion current LCU 598.28 billion current LCU 10
2000s 1.03 trillion current LCU 642.10 billion current LCU 1.87 trillion current LCU 10
2010s 3.37 trillion current LCU 2.11 trillion current LCU 5.03 trillion current LCU 10
2020s 6.55 trillion current LCU 5.40 trillion current LCU 8.02 trillion current LCU 6

Countries ranked near India

  1. 11 Zimbabwe 10.61 trillion current LCU compare
  2. 12 Japan 9.30 trillion current LCU compare
  3. 13 Iraq 8.45 trillion current LCU compare
  4. 15 Guinea 5.20 trillion current LCU compare
  5. 16 Chile 5.07 trillion current LCU compare
  6. 17 Argentina 4.82 trillion current LCU compare

See the full ranking of 168 places →

More public sector data for India

All data for India →

Frequently asked questions

What is military expenditure in India?
Military expenditure in India was 8.02 trillion current LCU in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in India?
The highest recorded value was 8.02 trillion current LCU in 2025.
What is the lowest military expenditure recorded in India?
The lowest recorded value was 3.25 billion current LCU in 1960.
How does India rank for military expenditure?
India ranks 14th out of 168 countries with data for 2025.
Is military expenditure rising or falling in India?
Over the last ten years it is up 143.8%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.

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Military expenditure in India. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 08 November 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-lcu/india/

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 8,396 data points, 1960–2025
Last refreshed

Military expenditure in local currency at current prices (by calendar year)