Military spending per military personnel in India

India: Military spending per military personnel was 63,740 constant 2022 US$ in 2022. ◆ Volatile

Latest (2022)
63,740 constant 2022 US$
Change on year
down 0.7%
World rank
59th
of 170 countries
All-time high
64,191 constant 2022 US$
in 2021
All-time low
5,454 constant 2022 US$
in 1947
Years of data
76
1947–2022

Military spending per military personnel in India, 1947–2022

020.0k40.0k60.0k194719842022

Source: Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2022, military spending per military personnel in India stood at 63,740 constant 2022 US$.

The figure is down 0.7% on the previous year and up 88.2% over ten years.

Over the whole period, military spending per military personnel in India peaked at 64,191 constant 2022 US$ in 2021 and was at its lowest, 5,454 constant 2022 US$, in 1947.

That places India 59th out of 170 countries with data for 2022, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending per military personnel in India, year by year

Annual values for Military spending per military personnel in India, 1947 to 2022.
Year constant 2022 US$ Change
1947 5,454 constant 2022 US$ —
1948 8,797 constant 2022 US$ +61.3%
1949 15,751 constant 2022 US$ +79.0%
1950 12,118 constant 2022 US$ -23.1%
1951 10,641 constant 2022 US$ -12.2%
1952 10,728 constant 2022 US$ +0.8%
1953 11,060 constant 2022 US$ +3.1%
1954 10,052 constant 2022 US$ -9.1%
1955 9,757 constant 2022 US$ -2.9%
1956 10,871 constant 2022 US$ +11.4%
1957 10,570 constant 2022 US$ -2.8%
1958 10,300 constant 2022 US$ -2.6%
1959 8,473 constant 2022 US$ -17.7%
1960 8,295 constant 2022 US$ -2.1%
1961 6,339 constant 2022 US$ -23.6%
1962 10,216 constant 2022 US$ +61.2%
1963 9,768 constant 2022 US$ -4.4%
1964 9,224 constant 2022 US$ -5.6%
1965 10,232 constant 2022 US$ +10.9%
1966 7,599 constant 2022 US$ -25.7%
1967 6,816 constant 2022 US$ -10.3%
1968 6,200 constant 2022 US$ -9.0%
1969 6,046 constant 2022 US$ -2.5%
1970 6,045 constant 2022 US$ -0.0%
1971 7,293 constant 2022 US$ +20.6%
1972 6,985 constant 2022 US$ -4.2%
1973 6,261 constant 2022 US$ -10.4%
1974 6,206 constant 2022 US$ -0.9%
1975 6,539 constant 2022 US$ +5.4%
1976 7,460 constant 2022 US$ +14.1%
1977 8,856 constant 2022 US$ +18.7%
1978 8,678 constant 2022 US$ -2.0%
1979 9,313 constant 2022 US$ +7.3%
1980 11,041 constant 2022 US$ +18.6%
1981 11,110 constant 2022 US$ +0.6%
1982 11,713 constant 2022 US$ +5.4%
1983 11,928 constant 2022 US$ +1.8%
1984 12,076 constant 2022 US$ +1.2%
1985 10,629 constant 2022 US$ -12.0%
1986 11,981 constant 2022 US$ +12.7%
1987 13,009 constant 2022 US$ +8.6%
1988 11,909 constant 2022 US$ -8.5%
1989 12,258 constant 2022 US$ +2.9%
1990 12,192 constant 2022 US$ -0.5%
1991 10,708 constant 2022 US$ -12.2%
1992 11,046 constant 2022 US$ +3.2%
1993 11,560 constant 2022 US$ +4.7%
1994 12,181 constant 2022 US$ +5.4%
1995 13,718 constant 2022 US$ +12.6%
1996 14,372 constant 2022 US$ +4.8%
1997 16,584 constant 2022 US$ +15.4%
1998 16,792 constant 2022 US$ +1.3%
1999 17,838 constant 2022 US$ +6.2%
2000 18,985 constant 2022 US$ +6.4%
2001 17,653 constant 2022 US$ -7.0%
2002 17,121 constant 2022 US$ -3.0%
2003 16,978 constant 2022 US$ -0.8%
2004 22,236 constant 2022 US$ +31.0%
2005 22,561 constant 2022 US$ +1.5%
2006 24,374 constant 2022 US$ +8.0%
2007 26,541 constant 2022 US$ +8.9%
2008 30,864 constant 2022 US$ +16.3%
2009 33,010 constant 2022 US$ +7.0%
2010 32,334 constant 2022 US$ -2.1%
2011 33,475 constant 2022 US$ +3.5%
2012 33,868 constant 2022 US$ +1.2%
2013 36,049 constant 2022 US$ +6.4%
2014 40,358 constant 2022 US$ +12.0%
2015 43,349 constant 2022 US$ +7.4%
2016 44,981 constant 2022 US$ +3.8%
2017 51,793 constant 2022 US$ +15.1%
2018 55,718 constant 2022 US$ +7.6%
2019 57,209 constant 2022 US$ +2.7%
2020 59,414 constant 2022 US$ +3.9%
2021 64,191 constant 2022 US$ +8.0%
2022 63,740 constant 2022 US$ -0.7%

India compared with similar countries

  • India's 63,740 constant 2022 US$ is above the median for lower middle income countries, which is 19,992 constant 2022 US$, 3.2× the median. (42 countries reporting)
  • India's 63,740 constant 2022 US$ is above the median for South Asia, which is 6,091 constant 2022 US$, 10.5× the median. (5 countries reporting)

Biggest year-on-year movements

Years where Military spending per military personnel 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.

YearChange FromTo
1949 +79.0% 8,797 constant 2022 US$ 15,751 constant 2022 US$
1948 +61.3% 5,454 constant 2022 US$ 8,797 constant 2022 US$
1962 +61.2% 6,339 constant 2022 US$ 10,216 constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1940s 10,001 constant 2022 US$ 5,454 constant 2022 US$ 15,751 constant 2022 US$ 3
1950s 10,457 constant 2022 US$ 8,473 constant 2022 US$ 12,118 constant 2022 US$ 10
1960s 8,073 constant 2022 US$ 6,046 constant 2022 US$ 10,232 constant 2022 US$ 10
1970s 7,363 constant 2022 US$ 6,045 constant 2022 US$ 9,313 constant 2022 US$ 10
1980s 11,765 constant 2022 US$ 10,629 constant 2022 US$ 13,009 constant 2022 US$ 10
1990s 13,699 constant 2022 US$ 10,708 constant 2022 US$ 17,838 constant 2022 US$ 10
2000s 23,032 constant 2022 US$ 16,978 constant 2022 US$ 33,010 constant 2022 US$ 10
2010s 42,913 constant 2022 US$ 32,334 constant 2022 US$ 57,209 constant 2022 US$ 10
2020s 62,448 constant 2022 US$ 59,414 constant 2022 US$ 64,191 constant 2022 US$ 3

Countries ranked near India

  1. 56 Botswana 69,084 constant 2022 US$ compare
  2. 57 Uruguay 67,626 constant 2022 US$ compare
  3. 58 Gabon 65,529 constant 2022 US$ compare
  4. 60 Trinidad and Tobago 62,892 constant 2022 US$ compare
  5. 61 Argentina 61,768 constant 2022 US$ compare
  6. 62 Montenegro 57,017 constant 2022 US$ compare

See the full ranking of 170 places →

More reference data data for India

All data for India →

Frequently asked questions

What is military spending per military personnel in India?
Military spending per military personnel in India was 63,740 constant 2022 US$ in 2022, according to Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data.
What is the highest military spending per military personnel recorded in India?
The highest recorded value was 64,191 constant 2022 US$ in 2021.
What is the lowest military spending per military personnel recorded in India?
The lowest recorded value was 5,454 constant 2022 US$ in 1947.
How does India rank for military spending per military personnel?
India ranks 59th out of 170 countries with data for 2022.
Is military spending per military personnel rising or falling in India?
Over the last ten years it is up 88.2%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data, published as part of Military spending per military personnel. Statizoid updates them automatically from the source API.

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Military spending per military personnel in India. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data. Retrieved 28 September 2026, from https://reference.statizoid.com/stat/military-spending-per-military-personnel/india/

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About this data

Indicator
Military spending per military personnel
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
170 places, 14,182 data points, 1816–2022
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.