Military expenditure (current USD) in India
India: Military expenditure (current USD) was 92.06 billion current USD in 2025. ◆ Volatile
Latest (2025)
92.06 billion current USD
Change on year
up 7.5%
World rank
5th
of 168 countries
All-time high
92.06 billion current USD
in 2025
All-time low
681.77 million current USD
in 1960
Years of data
66
1960–2025
Military expenditure in India, 1960–2025
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
The most recent figure for military expenditure in India is 92.06 billion current USD, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 7.5% on the previous year and up 79.5% over ten years.
Over the whole period, military expenditure in India peaked at 92.06 billion current USD in 2025 and was at its lowest, 681.77 million current USD, in 1960.
India ranks 5th 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 USD) 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 | 64.64 billion current USD | +14.1% |
| 2018 | 66.23 billion current USD | +2.5% |
| 2019 | 71.43 billion current USD | +7.8% |
| 2020 | 72.82 billion current USD | +1.9% |
| 2021 | 76.25 billion current USD | +4.7% |
| 2022 | 79.89 billion current USD | +4.8% |
| 2023 | 82.26 billion current USD | +3.0% |
| 2024 | 85.60 billion current USD | +4.1% |
| 2025 | 92.06 billion current USD | +7.5% |
India compared with similar countries
- India's 92.06 billion current USD is above the median for lower middle income countries, which is 590.39 million current USD, 155.9× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Military expenditure (current USD) 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 | 71.43 billion current USD | 10 |
| 2020s | 81.48 billion current USD | 72.82 billion current USD | 92.06 billion current USD | 6 |
Countries ranked near India
More public sector data for India
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 2.86 billion SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is military expenditure in India?
- Military expenditure in India was 92.06 billion current USD 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 92.06 billion current USD in 2025.
- What is the lowest military expenditure recorded in India?
- The lowest recorded value was 681.77 million current USD in 1960.
- How does India rank for military expenditure?
- India ranks 5th out of 168 countries with data for 2025.
- Is military expenditure rising or falling in India?
- Over the last ten years it is up 79.5%. 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 USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)