India vs Ukraine: Military spending

India

93.25 billion constant 2024 US$

in 2025

Ukraine

77.56 billion constant 2024 US$

in 2025

India rank

5th

Ukraine rank

8th

Military spending over time

India
Ukraine

How they compare

India currently reports 93.25 billion constant 2024 US$ against 77.56 billion constant 2024 US$ in Ukraine, a difference of 15.70 billion constant 2024 US$.

That makes India's figure about 1.2 times Ukraine's.

Across all 33 years both countries report, India has been ahead every year.

India ranks 5th and Ukraine ranks 8th of 162 countries.

Individual pages

About this data

Indicator: Military spending
Unit: constant 2024 US$
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 162 places, 8,341 data points, 1949–2025
Last refreshed: 07 August 2026

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.