Military spending, annual growth rate in India
India: Military spending, annual growth rate was 2.41 % change on previous year in 2023. ◆ Volatile
Latest (2023)
2.41 % change on previous year
Change on year
up 443.0%
World rank
130th
of 172 countries
All-time high
84.62 % change on previous year
in 1949
All-time low
-20.74 % change on previous year
in 1950
Years of data
76
1948–2023
Military spending, annual growth rate in India, 1948–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
India recorded 2.41 % change on previous year for military spending, annual growth rate in 2023.
Compared with earlier readings it is up 443.0% on the previous year and down 62.6% over ten years.
Over the whole period, military spending, annual growth rate in India peaked at 84.62 % change on previous year in 1949 and was at its lowest, -20.74 % change on previous year, in 1950.
India ranks 130th of 172 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending, annual growth rate in India, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1948 | 66.49 % change on previous year | — |
| 1949 | 84.62 % change on previous year | +27.3% |
| 1950 | -20.74 % change on previous year | -124.5% |
| 1951 | -9.62 % change on previous year | -53.6% |
| 1952 | 3.69 % change on previous year | -138.4% |
| 1953 | 5.94 % change on previous year | +60.9% |
| 1954 | -6.66 % change on previous year | -212.1% |
| 1955 | -0.389 % change on previous year | -94.2% |
| 1956 | 13.99 % change on previous year | -3695.1% |
| 1957 | 8.17 % change on previous year | -41.6% |
| 1958 | 7.29 % change on previous year | -10.7% |
| 1959 | -10.18 % change on previous year | -239.6% |
| 1960 | -2.1 % change on previous year | -79.4% |
| 1961 | 10.71 % change on previous year | -609.6% |
| 1962 | 66.36 % change on previous year | +519.8% |
| 1963 | 29.44 % change on previous year | -55.6% |
| 1964 | 5.94 % change on previous year | -79.8% |
| 1965 | 11.38 % change on previous year | +91.8% |
| 1966 | -14.78 % change on previous year | -229.8% |
| 1967 | -9.02 % change on previous year | -39.0% |
| 1968 | -5.2 % change on previous year | -42.4% |
| 1969 | -0.4983 % change on previous year | -90.4% |
| 1970 | 2.63 % change on previous year | -627.8% |
| 1971 | 21.41 % change on previous year | +714.3% |
| 1972 | -2.38 % change on previous year | -111.1% |
| 1973 | -8.67 % change on previous year | +264.0% |
| 1974 | -0.8725 % change on previous year | -89.9% |
| 1975 | 8.61 % change on previous year | -1086.5% |
| 1976 | -1.63 % change on previous year | -118.9% |
| 1977 | 4.69 % change on previous year | -388.6% |
| 1978 | 0.3068 % change on previous year | -93.5% |
| 1979 | 6.16 % change on previous year | +1908.3% |
| 1980 | 1.78 % change on previous year | -71.0% |
| 1981 | 0.6251 % change on previous year | -65.0% |
| 1982 | 6.95 % change on previous year | +1011.4% |
| 1983 | 0.3796 % change on previous year | -94.5% |
| 1984 | 2.71 % change on previous year | +614.2% |
| 1985 | -0.9745 % change on previous year | -135.9% |
| 1986 | 12.71 % change on previous year | -1404.5% |
| 1987 | 8.58 % change on previous year | -32.5% |
| 1988 | -1.19 % change on previous year | -113.8% |
| 1989 | -4.64 % change on previous year | +291.3% |
| 1990 | -0.5393 % change on previous year | -88.4% |
| 1991 | -12.17 % change on previous year | +2156.2% |
| 1992 | 3.16 % change on previous year | -125.9% |
| 1993 | 4.65 % change on previous year | +47.3% |
| 1994 | 5.37 % change on previous year | +15.4% |
| 1995 | 12.63 % change on previous year | +135.2% |
| 1996 | 4.77 % change on previous year | -62.2% |
| 1997 | 15.38 % change on previous year | +222.7% |
| 1998 | 4.47 % change on previous year | -71.0% |
| 1999 | 6.23 % change on previous year | +39.5% |
| 2000 | 6.67 % change on previous year | +7.1% |
| 2001 | -9.87 % change on previous year | -247.9% |
| 2002 | -0.3216 % change on previous year | -96.7% |
| 2003 | 1.22 % change on previous year | -480.3% |
| 2004 | 30.97 % change on previous year | +2432.2% |
| 2005 | 1.46 % change on previous year | -95.3% |
| 2006 | 8.04 % change on previous year | +449.6% |
| 2007 | 8.15 % change on previous year | +1.4% |
| 2008 | 13.81 % change on previous year | +69.5% |
| 2009 | 6.37 % change on previous year | -53.8% |
| 2010 | 1.31 % change on previous year | -79.4% |
| 2011 | 3.53 % change on previous year | +168.7% |
| 2012 | 1.18 % change on previous year | -66.7% |
| 2013 | 6.44 % change on previous year | +447.8% |
| 2014 | 11.95 % change on previous year | +85.7% |
| 2015 | 9.11 % change on previous year | -23.8% |
| 2016 | 3.77 % change on previous year | -58.7% |
| 2017 | 19.34 % change on previous year | +413.6% |
| 2018 | 7.58 % change on previous year | -60.8% |
| 2019 | 6.36 % change on previous year | -16.1% |
| 2020 | 4.65 % change on previous year | -26.9% |
| 2021 | 8.34 % change on previous year | +79.4% |
| 2022 | -0.7018 % change on previous year | -108.4% |
| 2023 | 2.41 % change on previous year | -443.0% |
India compared with similar countries
- India's 2.41 % change on previous year is below the median for lower middle income countries, which is 4.39 % change on previous year, 55% of the median. (42 countries reporting)
- India's 2.41 % change on previous year is above the median for South Asia, which is 1.6 % change on previous year, 1.5× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Military spending, annual growth rate 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 |
|---|---|---|---|
| 1956 | +3695.1% | -0.389 % change on previous year | 13.99 % change on previous year |
| 2004 | +2432.2% | 1.22 % change on previous year | 30.97 % change on previous year |
| 1991 | -2156.2% | -0.5393 % change on previous year | -12.17 % change on previous year |
| 1979 | +1908.3% | 0.3068 % change on previous year | 6.16 % change on previous year |
| 1986 | +1404.5% | -0.9745 % change on previous year | 12.71 % change on previous year |
| 1975 | +1086.5% | -0.8725 % change on previous year | 8.61 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 75.56 % change on previous year | 66.49 % change on previous year | 84.62 % change on previous year | 2 |
| 1950s | -0.85 % change on previous year | -20.74 % change on previous year | 13.99 % change on previous year | 10 |
| 1960s | 9.22 % change on previous year | -14.78 % change on previous year | 66.36 % change on previous year | 10 |
| 1970s | 3.03 % change on previous year | -8.67 % change on previous year | 21.41 % change on previous year | 10 |
| 1980s | 2.69 % change on previous year | -4.64 % change on previous year | 12.71 % change on previous year | 10 |
| 1990s | 4.39 % change on previous year | -12.17 % change on previous year | 15.38 % change on previous year | 10 |
| 2000s | 6.65 % change on previous year | -9.87 % change on previous year | 30.97 % change on previous year | 10 |
| 2010s | 7.06 % change on previous year | 1.18 % change on previous year | 19.34 % change on previous year | 10 |
| 2020s | 3.67 % change on previous year | -0.7018 % change on previous year | 8.34 % change on previous year | 4 |
Countries ranked near India
- 127 Suriname 2.62 % change on previous year compare
- 128 Uganda 2.51 % change on previous year compare
- 129 Ireland 2.44 % change on previous year compare
- 131 Malaysia 2.3 % change on previous year compare
- 132 Vietnam 2.23 % change on previous year compare
- 133 Mauritania 2.18 % change on previous year compare
More reference data data for India
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 20.88 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 68.88 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 246.78 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 15.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 246.78 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 70.02 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 19.71 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 309.05 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1,063 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 85.03 (2050)
Frequently asked questions
- What is military spending, annual growth rate in India?
- Military spending, annual growth rate in India was 2.41 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest military spending, annual growth rate recorded in India?
- The highest recorded value was 84.62 % change on previous year in 1949.
- What is the lowest military spending, annual growth rate recorded in India?
- The lowest recorded value was -20.74 % change on previous year in 1950.
- How does India rank for military spending, annual growth rate?
- India ranks 130th out of 172 countries with data for 2023.
- Is military spending, annual growth rate rising or falling in India?
- Over the last ten years it is down 62.6%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 76 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.