India vs Sweden: Military spending, per unit of GDP

India
0.0236 constant 2024 US$ per US$ of GDP
in 2025
Sweden
0.0224 constant 2024 US$ per US$ of GDP
in 2025
India rank
48th
Sweden rank
51st

Military spending, per unit of GDP over time

  • India
  • Sweden
00.050.10.150.20.25196019922025

How they compare

India currently reports 0.0236 constant 2024 US$ per US$ of GDP against 0.0224 constant 2024 US$ per US$ of GDP in Sweden, a difference of 0.0012 constant 2024 US$ per US$ of GDP.

That makes India's figure about 1.1 times Sweden's.

The two have swapped places 3 times across 66 shared years of data; in 1960 it was Sweden ahead.

India ranks 48th and Sweden ranks 51st of 160 countries.

Across the 7 decades both report, India averaged higher in 6 and Sweden in 1.

Head to head by decade

Decade India Sweden Difference Ahead
1960s 0.1317 constant 2024 US$ per US$ of GDP 0.2035 constant 2024 US$ per US$ of GDP 0.0718 constant 2024 US$ per US$ of GDP Sweden
1970s 0.1011 constant 2024 US$ per US$ of GDP 0.09 constant 2024 US$ per US$ of GDP 0.0111 constant 2024 US$ per US$ of GDP India
1980s 0.0686 constant 2024 US$ per US$ of GDP 0.0453 constant 2024 US$ per US$ of GDP 0.0233 constant 2024 US$ per US$ of GDP India
1990s 0.0674 constant 2024 US$ per US$ of GDP 0.0244 constant 2024 US$ per US$ of GDP 0.043 constant 2024 US$ per US$ of GDP India
2000s 0.0527 constant 2024 US$ per US$ of GDP 0.0169 constant 2024 US$ per US$ of GDP 0.0358 constant 2024 US$ per US$ of GDP India
2010s 0.0299 constant 2024 US$ per US$ of GDP 0.0105 constant 2024 US$ per US$ of GDP 0.0194 constant 2024 US$ per US$ of GDP India
2020s 0.0252 constant 2024 US$ per US$ of GDP 0.0161 constant 2024 US$ per US$ of GDP 0.0092 constant 2024 US$ per US$ of GDP India

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, per unit of gdp, India or Sweden?
India, at 0.0236 constant 2024 US$ per US$ of GDP against 0.0224 constant 2024 US$ per US$ of GDP in Sweden as of 2025.
What is the difference in military spending, per unit of gdp between India and Sweden?
0.0012 constant 2024 US$ per US$ of GDP, with India ahead.
How many years of comparable data are there for India and Sweden?
66 years are reported by both, from 1960 to 2025.
How do India and Sweden rank globally for military spending, per unit of gdp?
India ranks 48th and Sweden ranks 51st of 160 countries.
Where does this data come from?
Statizoid (derived), published as Military spending, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs Sweden: Military spending, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-per-unit-of-gdp/india/sweden/

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About this data

Indicator
Military spending, per unit of GDP
Unit
constant 2024 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
160 places, 7,842 data points, 1960–2025
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.