Military expenditure (current USD), per unit of GDP in India
India: Military expenditure (current USD), per unit of GDP was 0.0229 current USD per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.0229 current USD per US$ of GDP
Change on year
down 2.6%
World rank
50th
of 166 countries
All-time high
0.039 current USD per US$ of GDP
in 1987
All-time low
0.0184 current USD per US$ of GDP
in 1960
Years of data
65
1960–2024
Military expenditure (current USD), per unit of GDP in India, 1960–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
The most recent figure for military expenditure (current usd), per unit of gdp in India is 0.0229 current USD per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 2.6% on the previous year and down 8.3% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in India peaked at 0.039 current USD per US$ of GDP in 1987 and was at its lowest, 0.0184 current USD per US$ of GDP, in 1960.
India ranks 50th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 65 years of available data.
Military expenditure (current USD), per unit of GDP in India, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0184 current USD per US$ of GDP | — |
| 1961 | 0.0191 current USD per US$ of GDP | +3.6% |
| 1962 | 0.0253 current USD per US$ of GDP | +32.5% |
| 1963 | 0.0371 current USD per US$ of GDP | +46.7% |
| 1964 | 0.0352 current USD per US$ of GDP | -5.1% |
| 1965 | 0.0357 current USD per US$ of GDP | +1.5% |
| 1966 | 0.0364 current USD per US$ of GDP | +2.1% |
| 1967 | 0.0297 current USD per US$ of GDP | -18.6% |
| 1968 | 0.0299 current USD per US$ of GDP | +0.7% |
| 1969 | 0.0289 current USD per US$ of GDP | -3.2% |
| 1970 | 0.0294 current USD per US$ of GDP | +1.5% |
| 1971 | 0.0335 current USD per US$ of GDP | +14.0% |
| 1972 | 0.0349 current USD per US$ of GDP | +4.4% |
| 1973 | 0.0296 current USD per US$ of GDP | -15.3% |
| 1974 | 0.0291 current USD per US$ of GDP | -1.7% |
| 1975 | 0.0338 current USD per US$ of GDP | +16.0% |
| 1976 | 0.0321 current USD per US$ of GDP | -5.0% |
| 1977 | 0.0286 current USD per US$ of GDP | -10.8% |
| 1978 | 0.029 current USD per US$ of GDP | +1.2% |
| 1979 | 0.03 current USD per US$ of GDP | +3.6% |
| 1980 | 0.0291 current USD per US$ of GDP | -3.0% |
| 1981 | 0.0304 current USD per US$ of GDP | +4.4% |
| 1982 | 0.0314 current USD per US$ of GDP | +3.3% |
| 1983 | 0.0313 current USD per US$ of GDP | -0.3% |
| 1984 | 0.0328 current USD per US$ of GDP | +4.8% |
| 1985 | 0.0325 current USD per US$ of GDP | -0.7% |
| 1986 | 0.0383 current USD per US$ of GDP | +17.7% |
| 1987 | 0.039 current USD per US$ of GDP | +1.7% |
| 1988 | 0.0383 current USD per US$ of GDP | -1.9% |
| 1989 | 0.0358 current USD per US$ of GDP | -6.5% |
| 1990 | 0.0328 current USD per US$ of GDP | -8.2% |
| 1991 | 0.0319 current USD per US$ of GDP | -2.8% |
| 1992 | 0.028 current USD per US$ of GDP | -12.1% |
| 1993 | 0.0296 current USD per US$ of GDP | +5.4% |
| 1994 | 0.0271 current USD per US$ of GDP | -8.2% |
| 1995 | 0.0271 current USD per US$ of GDP | -0.2% |
| 1996 | 0.0252 current USD per US$ of GDP | -6.9% |
| 1997 | 0.0276 current USD per US$ of GDP | +9.4% |
| 1998 | 0.0283 current USD per US$ of GDP | +2.6% |
| 1999 | 0.0303 current USD per US$ of GDP | +7.0% |
| 2000 | 0.0305 current USD per US$ of GDP | +0.7% |
| 2001 | 0.0301 current USD per US$ of GDP | -1.4% |
| 2002 | 0.0286 current USD per US$ of GDP | -4.8% |
| 2003 | 0.0269 current USD per US$ of GDP | -6.2% |
| 2004 | 0.0285 current USD per US$ of GDP | +6.2% |
| 2005 | 0.0281 current USD per US$ of GDP | -1.5% |
| 2006 | 0.0255 current USD per US$ of GDP | -9.4% |
| 2007 | 0.0232 current USD per US$ of GDP | -8.8% |
| 2008 | 0.0275 current USD per US$ of GDP | +18.5% |
| 2009 | 0.0289 current USD per US$ of GDP | +4.8% |
| 2010 | 0.0275 current USD per US$ of GDP | -4.7% |
| 2011 | 0.0272 current USD per US$ of GDP | -1.0% |
| 2012 | 0.0258 current USD per US$ of GDP | -5.1% |
| 2013 | 0.0255 current USD per US$ of GDP | -1.2% |
| 2014 | 0.025 current USD per US$ of GDP | -2.2% |
| 2015 | 0.0244 current USD per US$ of GDP | -2.3% |
| 2016 | 0.0247 current USD per US$ of GDP | +1.2% |
| 2017 | 0.0243 current USD per US$ of GDP | -1.3% |
| 2018 | 0.0245 current USD per US$ of GDP | +0.7% |
| 2019 | 0.0252 current USD per US$ of GDP | +2.8% |
| 2020 | 0.0273 current USD per US$ of GDP | +8.2% |
| 2021 | 0.0241 current USD per US$ of GDP | -11.6% |
| 2022 | 0.0246 current USD per US$ of GDP | +2.1% |
| 2023 | 0.0235 current USD per US$ of GDP | -4.5% |
| 2024 | 0.0229 current USD per US$ of GDP | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0296 current USD per US$ of GDP | 0.0184 current USD per US$ of GDP | 0.0371 current USD per US$ of GDP | 10 |
| 1970s | 0.031 current USD per US$ of GDP | 0.0286 current USD per US$ of GDP | 0.0349 current USD per US$ of GDP | 10 |
| 1980s | 0.0339 current USD per US$ of GDP | 0.0291 current USD per US$ of GDP | 0.039 current USD per US$ of GDP | 10 |
| 1990s | 0.0288 current USD per US$ of GDP | 0.0252 current USD per US$ of GDP | 0.0328 current USD per US$ of GDP | 10 |
| 2000s | 0.0278 current USD per US$ of GDP | 0.0232 current USD per US$ of GDP | 0.0305 current USD per US$ of GDP | 10 |
| 2010s | 0.0254 current USD per US$ of GDP | 0.0243 current USD per US$ of GDP | 0.0275 current USD per US$ of GDP | 10 |
| 2020s | 0.0245 current USD per US$ of GDP | 0.0229 current USD per US$ of GDP | 0.0273 current USD per US$ of GDP | 5 |
Countries ranked near India
- 47 Uzbekistan 0.0235 current USD per US$ of GDP compare
- 48 Denmark 0.0235 current USD per US$ of GDP compare
- 49 Finland 0.0234 current USD per US$ of GDP compare
- 51 Romania 0.0228 current USD per US$ of GDP compare
- 52 Guinea 0.0225 current USD per US$ of GDP compare
- 53 United Kingdom of Great Britain and Northern Ireland 0.0221 current USD per US$ of GDP compare
More public sector data for India
- Arms imports 1.17 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.805 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -21.66 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.17 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 59.36 current USD per person (2024)
- Military expenditure (current USD), annual growth rate 4.66 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 86.13 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 501.48 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 27,678 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in India?
- Military expenditure (current usd), per unit of gdp in India was 0.0229 current USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in India?
- The highest recorded value was 0.039 current USD per US$ of GDP in 1987.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in India?
- The lowest recorded value was 0.0184 current USD per US$ of GDP in 1960.
- How does India rank for military expenditure (current usd), per unit of gdp?
- India ranks 50th out of 166 countries with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in India?
- Over the last ten years it is down 8.3%. The long-run trend across the full record is falling.
- Where does this India data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. 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) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.