India vs Russia: Military spending gmsd

India
95.30 billion
in 2023
Russia
120.26 billion
in 2023
India rank
4th
Russia rank
3rd

Military spending gmsd over time

  • India
  • Russia
0200.0B400.0B600.0B181619192023

How they compare

Russia currently reports 120.26 billion against 95.30 billion in India, a difference of 24.96 billion.

That makes Russia's figure about 1.3 times India's.

The two have swapped places 2 times across 77 shared years of data; in 1947 it was Russia ahead.

India ranks 4th and Russia ranks 3rd of 172 countries.

Russia has averaged higher in every one of the 9 decades both report.

Head to head by decade

Decade India Russia Difference Ahead
1940s 3.24 billion 128.60 billion 125.36 billion Russia
1950s 4.21 billion 202.38 billion 198.17 billion Russia
1960s 9.04 billion 300.59 billion 291.55 billion Russia
1970s 10.82 billion 430.34 billion 419.52 billion Russia
1980s 14.08 billion 444.40 billion 430.32 billion Russia
1990s 17.40 billion 115.79 billion 98.39 billion Russia
2000s 30.04 billion 52.70 billion 22.66 billion Russia
2010s 58.48 billion 67.36 billion 8.88 billion Russia
2020s 92.15 billion 98.21 billion 6.06 billion Russia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending gmsd, India or Russia?
Russia, at 120.26 billion against 95.30 billion in India as of 2023.
What is the difference in military spending gmsd between India and Russia?
24.96 billion, with Russia ahead.
How many years of comparable data are there for India and Russia?
77 years are reported by both, from 1947 to 2023.
How do India and Russia rank globally for military spending gmsd?
India ranks 4th and Russia ranks 3rd of 172 countries.
Where does this data come from?
Our World in Data, published as Military spending gmsd. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs Russia: Military spending gmsd. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/india/russian-federation/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed