Military expenditure (current USD), per capita in India

India: Military expenditure (current USD), per capita was 59.36 current USD per person in 2024. ◆ Volatile

Latest (2024)
59.36 current USD per person
Change on year
up 3.7%
World rank
99th
of 167 countries
All-time high
59.36 current USD per person
in 2024
All-time low
1.56 current USD per person
in 1960
Years of data
65
1960–2024

Military expenditure (current USD), per capita in India, 1960–2024

0204060196019922024

Source: Statizoid (derived). Measured in current USD per person.

Analysis

The most recent figure for military expenditure (current usd), per capita in India is 59.36 current USD per person, measured in 2024. That is the highest value across all 65 years on record.

The figure is up 3.7% on the previous year and up 53.0% over ten years.

Over the whole period, military expenditure (current usd), per capita in India peaked at 59.36 current USD per person in 2024 and was at its lowest, 1.56 current USD per person, in 1960.

India ranks 99th of 167 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 3.03 current USD per person 1.56 current USD per person 4.34 current USD per person 10
1970s 5 current USD per person 3.36 current USD per person 6.84 current USD per person 10
1980s 10.5 current USD per person 7.89 current USD per person 13.71 current USD per person 10
1990s 10.61 current USD per person 8.95 current USD per person 13.38 current USD per person 10
2000s 19.6 current USD per person 13.44 current USD per person 31.6 current USD per person 10
2010s 41.66 current USD per person 36.58 current USD per person 51.45 current USD per person 10
2020s 55.74 current USD per person 52 current USD per person 59.36 current USD per person 5

Countries ranked near India

  1. 96 Sri Lanka 60.84 current USD per person compare
  2. 97 Equatorial Guinea 59.78 current USD per person compare
  3. 98 Paraguay 59.74 current USD per person compare
  4. 100 Kazakhstan 58.71 current USD per person compare
  5. 101 Viet Nam 57.15 current USD per person compare
  6. 102 Yemen 56.73 current USD per person compare

See the full ranking of 211 places →

More public sector data for India

All data for India →

Frequently asked questions

What is military expenditure (current usd), per capita in India?
Military expenditure (current usd), per capita in India was 59.36 current USD per person in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), per capita recorded in India?
The highest recorded value was 59.36 current USD per person in 2024.
What is the lowest military expenditure (current usd), per capita recorded in India?
The lowest recorded value was 1.56 current USD per person in 1960.
How does India rank for military expenditure (current usd), per capita?
India ranks 99th out of 167 countries with data for 2024.
Is military expenditure (current usd), per capita rising or falling in India?
Over the last ten years it is up 53.0%. 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), per capita. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), per capita in India. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-capita/india/

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How this figure is calculated

Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military expenditure (current USD) ÷ Population, total

Computed from

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

Indicator
Military expenditure (current USD), per capita
Unit
current USD per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.