Military expenditure (current USD), gaps filled in India
India: Military expenditure (current USD), gaps filled was 86.13 billion current USD in 2024. ◆ Volatile
Military expenditure (current USD), gaps filled in India, 1960–2024
Source: Statizoid (derived). Measured in current USD.
Analysis
India recorded 86.13 billion current USD for military expenditure (current usd), gaps filled in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 4.7% on the previous year and up 69.2% over ten years.
Over the whole period, military expenditure (current usd), gaps filled in India peaked at 86.13 billion current USD in 2024 and was at its lowest, 681.77 million current USD, in 1960.
That places India 5th out of 167 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), gaps filled in India, year by year
| Year | current USD | Change |
|---|---|---|
| 1960 | 681.77 million current USD | — |
| 1961 | 748.39 million current USD | +9.8% |
| 1962 | 1.07 billion current USD | +42.4% |
| 1963 | 1.80 billion current USD | +68.5% |
| 1964 | 1.99 billion current USD | +10.6% |
| 1965 | 2.13 billion current USD | +7.0% |
| 1966 | 1.66 billion current USD | -21.9% |
| 1967 | 1.49 billion current USD | -10.4% |
| 1968 | 1.59 billion current USD | +6.7% |
| 1969 | 1.69 billion current USD | +6.6% |
| 1970 | 1.83 billion current USD | +8.4% |
| 1971 | 2.26 billion current USD | +23.0% |
| 1972 | 2.50 billion current USD | +10.7% |
| 1973 | 2.53 billion current USD | +1.3% |
| 1974 | 2.90 billion current USD | +14.4% |
| 1975 | 3.32 billion current USD | +14.8% |
| 1976 | 3.29 billion current USD | -0.9% |
| 1977 | 3.48 billion current USD | +5.5% |
| 1978 | 3.98 billion current USD | +14.3% |
| 1979 | 4.59 billion current USD | +15.4% |
| 1980 | 5.42 billion current USD | +18.1% |
| 1981 | 5.88 billion current USD | +8.5% |
| 1982 | 6.30 billion current USD | +7.2% |
| 1983 | 6.83 billion current USD | +8.4% |
| 1984 | 6.96 billion current USD | +1.8% |
| 1985 | 7.57 billion current USD | +8.8% |
| 1986 | 9.54 billion current USD | +26.1% |
| 1987 | 10.88 billion current USD | +14.0% |
| 1988 | 11.35 billion current USD | +4.3% |
| 1989 | 10.59 billion current USD | -6.7% |
| 1990 | 10.54 billion current USD | -0.5% |
| 1991 | 8.62 billion current USD | -18.2% |
| 1992 | 8.08 billion current USD | -6.3% |
| 1993 | 8.25 billion current USD | +2.1% |
| 1994 | 8.88 billion current USD | +7.6% |
| 1995 | 9.75 billion current USD | +9.8% |
| 1996 | 9.90 billion current USD | +1.5% |
| 1997 | 11.46 billion current USD | +15.8% |
| 1998 | 11.92 billion current USD | +4.0% |
| 1999 | 13.90 billion current USD | +16.6% |
| 2000 | 14.29 billion current USD | +2.8% |
| 2001 | 14.60 billion current USD | +2.2% |
| 2002 | 14.75 billion current USD | +1.0% |
| 2003 | 16.33 billion current USD | +10.7% |
| 2004 | 20.24 billion current USD | +23.9% |
| 2005 | 23.07 billion current USD | +14.0% |
| 2006 | 23.95 billion current USD | +3.8% |
| 2007 | 28.25 billion current USD | +18.0% |
| 2008 | 33.00 billion current USD | +16.8% |
| 2009 | 38.72 billion current USD | +17.3% |
| 2010 | 46.09 billion current USD | +19.0% |
| 2011 | 49.63 billion current USD | +7.7% |
| 2012 | 47.22 billion current USD | -4.9% |
| 2013 | 47.40 billion current USD | +0.4% |
| 2014 | 50.91 billion current USD | +7.4% |
| 2015 | 51.30 billion current USD | +0.7% |
| 2016 | 56.64 billion current USD | +10.4% |
| 2017 | 64.56 billion current USD | +14.0% |
| 2018 | 66.26 billion current USD | +2.6% |
| 2019 | 71.47 billion current USD | +7.9% |
| 2020 | 72.94 billion current USD | +2.1% |
| 2021 | 76.35 billion current USD | +4.7% |
| 2022 | 79.98 billion current USD | +4.8% |
| 2023 | 82.29 billion current USD | +2.9% |
| 2024 | 86.13 billion current USD | +4.7% |
India compared with similar countries
- India's 86.13 billion current USD is above the median for lower middle income countries, which is 493.99 million current USD, 174.3× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Military expenditure (current USD), gaps filled 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.
| Year | Change | From | To |
|---|---|---|---|
| 1963 | +68.5% | 1.07 billion current USD | 1.80 billion current USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.48 billion current USD | 681.77 million current USD | 2.13 billion current USD | 10 |
| 1970s | 3.07 billion current USD | 1.83 billion current USD | 4.59 billion current USD | 10 |
| 1980s | 8.13 billion current USD | 5.42 billion current USD | 11.35 billion current USD | 10 |
| 1990s | 10.13 billion current USD | 8.08 billion current USD | 13.90 billion current USD | 10 |
| 2000s | 22.72 billion current USD | 14.29 billion current USD | 38.72 billion current USD | 10 |
| 2010s | 55.15 billion current USD | 46.09 billion current USD | 71.47 billion current USD | 10 |
| 2020s | 79.54 billion current USD | 72.94 billion current USD | 86.13 billion current USD | 5 |
Countries ranked near India
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Frequently asked questions
- What is military expenditure (current usd), gaps filled in India?
- Military expenditure (current usd), gaps filled in India was 86.13 billion current USD in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), gaps filled recorded in India?
- The highest recorded value was 86.13 billion current USD in 2024.
- What is the lowest military expenditure (current usd), gaps filled recorded in India?
- The lowest recorded value was 681.77 million current USD in 1960.
- How does India rank for military expenditure (current usd), gaps filled?
- India ranks 5th out of 167 countries with data for 2024.
- Is military expenditure (current usd), gaps filled rising or falling in India?
- Over the last ten years it is up 69.2%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
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.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
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.