India vs Saudi Arabia: Military spending

India
95.30 billion constant 2022 US$
in 2023
Saudi Arabia
88.35 billion constant 2022 US$
in 2023
India rank
4th
Saudi Arabia rank
5th

Military spending over time

  • India
  • Saudi Arabia
020.0B40.0B60.0B80.0B100.0B193219772023

How they compare

India currently reports 95.30 billion constant 2022 US$ against 88.35 billion constant 2022 US$ in Saudi Arabia, a difference of 6.95 billion constant 2022 US$.

That makes India's figure about 1.1 times Saudi Arabia's.

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

India ranks 4th and Saudi Arabia ranks 5th of 172 countries.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.