Military spending, per unit of GDP in India

India: Military spending, per unit of GDP was 0.0236 constant 2024 US$ per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.0236 constant 2024 US$ per US$ of GDP
Change on year
up 3.6%
World rank
48th
of 160 countries
All-time high
0.1705 constant 2024 US$ per US$ of GDP
in 1963
All-time low
0.0228 constant 2024 US$ per US$ of GDP
in 2024
Years of data
66
1960–2025

Military spending, per unit of GDP in India, 1960–2025

00.050.10.15196019922025

Source: Statizoid (derived). Measured in constant 2024 US$ per US$ of GDP.

Analysis

The most recent figure for military spending, per unit of gdp in India is 0.0236 constant 2024 US$ per US$ of GDP, measured in 2025.

The figure is up 3.6% on the previous year and down 18.7% over ten years.

Over the whole period, military spending, per unit of gdp in India peaked at 0.1705 constant 2024 US$ per US$ of GDP in 1963 and was at its lowest, 0.0228 constant 2024 US$ per US$ of GDP, in 2024.

That places India 48th out of 160 countries with data for 2025, 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 unit of GDP in India, year by year

Annual values for Military spending, per unit of GDP in India, 1960 to 2025.
Year constant 2024 US$ per US$ of GDP Change
1960 0.0919 constant 2024 US$ per US$ of GDP
1961 0.0935 constant 2024 US$ per US$ of GDP +1.8%
1962 0.1196 constant 2024 US$ per US$ of GDP +27.9%
1963 0.1705 constant 2024 US$ per US$ of GDP +42.5%
1964 0.1427 constant 2024 US$ per US$ of GDP -16.3%
1965 0.1323 constant 2024 US$ per US$ of GDP -7.3%
1966 0.1627 constant 2024 US$ per US$ of GDP +23.0%
1967 0.1382 constant 2024 US$ per US$ of GDP -15.1%
1968 0.1352 constant 2024 US$ per US$ of GDP -2.2%
1969 0.1302 constant 2024 US$ per US$ of GDP -3.7%
1970 0.1257 constant 2024 US$ per US$ of GDP -3.5%
1971 0.1389 constant 2024 US$ per US$ of GDP +10.5%
1972 0.138 constant 2024 US$ per US$ of GDP -0.6%
1973 0.1018 constant 2024 US$ per US$ of GDP -26.2%
1974 0.0815 constant 2024 US$ per US$ of GDP -20.0%
1975 0.0924 constant 2024 US$ per US$ of GDP +13.4%
1976 0.1018 constant 2024 US$ per US$ of GDP +10.1%
1977 0.0817 constant 2024 US$ per US$ of GDP -19.7%
1978 0.0756 constant 2024 US$ per US$ of GDP -7.5%
1979 0.0731 constant 2024 US$ per US$ of GDP -3.3%
1980 0.0616 constant 2024 US$ per US$ of GDP -15.7%
1981 0.0627 constant 2024 US$ per US$ of GDP +1.7%
1982 0.0655 constant 2024 US$ per US$ of GDP +4.6%
1983 0.0624 constant 2024 US$ per US$ of GDP -4.8%
1984 0.0679 constant 2024 US$ per US$ of GDP +8.8%
1985 0.0695 constant 2024 US$ per US$ of GDP +2.4%
1986 0.0767 constant 2024 US$ per US$ of GDP +10.4%
1987 0.0737 constant 2024 US$ per US$ of GDP -3.9%
1988 0.071 constant 2024 US$ per US$ of GDP -3.7%
1989 0.075 constant 2024 US$ per US$ of GDP +5.6%
1990 0.0681 constant 2024 US$ per US$ of GDP -9.2%
1991 0.0756 constant 2024 US$ per US$ of GDP +11.0%
1992 0.0677 constant 2024 US$ per US$ of GDP -10.4%
1993 0.0789 constant 2024 US$ per US$ of GDP +16.5%
1994 0.0676 constant 2024 US$ per US$ of GDP -14.3%
1995 0.0633 constant 2024 US$ per US$ of GDP -6.4%
1996 0.0591 constant 2024 US$ per US$ of GDP -6.6%
1997 0.0618 constant 2024 US$ per US$ of GDP +4.6%
1998 0.0636 constant 2024 US$ per US$ of GDP +3.0%
1999 0.0679 constant 2024 US$ per US$ of GDP +6.7%
2000 0.0686 constant 2024 US$ per US$ of GDP +1.1%
2001 0.0685 constant 2024 US$ per US$ of GDP -0.2%
2002 0.0644 constant 2024 US$ per US$ of GDP -6.0%
2003 0.0558 constant 2024 US$ per US$ of GDP -13.4%
2004 0.0555 constant 2024 US$ per US$ of GDP -0.5%
2005 0.0511 constant 2024 US$ per US$ of GDP -8.0%
2006 0.0449 constant 2024 US$ per US$ of GDP -12.0%
2007 0.0351 constant 2024 US$ per US$ of GDP -21.8%
2008 0.0405 constant 2024 US$ per US$ of GDP +15.1%
2009 0.0426 constant 2024 US$ per US$ of GDP +5.2%
2010 0.0342 constant 2024 US$ per US$ of GDP -19.6%
2011 0.0317 constant 2024 US$ per US$ of GDP -7.2%
2012 0.0315 constant 2024 US$ per US$ of GDP -0.8%
2013 0.031 constant 2024 US$ per US$ of GDP -1.5%
2014 0.0296 constant 2024 US$ per US$ of GDP -4.5%
2015 0.029 constant 2024 US$ per US$ of GDP -2.1%
2016 0.0293 constant 2024 US$ per US$ of GDP +1.0%
2017 0.0271 constant 2024 US$ per US$ of GDP -7.4%
2018 0.0276 constant 2024 US$ per US$ of GDP +1.6%
2019 0.0281 constant 2024 US$ per US$ of GDP +2.1%
2020 0.03 constant 2024 US$ per US$ of GDP +6.7%
2021 0.0252 constant 2024 US$ per US$ of GDP -16.1%
2022 0.0256 constant 2024 US$ per US$ of GDP +1.8%
2023 0.0243 constant 2024 US$ per US$ of GDP -4.9%
2024 0.0228 constant 2024 US$ per US$ of GDP -6.5%
2025 0.0236 constant 2024 US$ per US$ of GDP +3.6%

India compared with similar countries

  • India's 0.0236 constant 2024 US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0124 constant 2024 US$ per US$ of GDP, 1.9× the median. (39 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.1317 constant 2024 US$ per US$ of GDP 0.0919 constant 2024 US$ per US$ of GDP 0.1705 constant 2024 US$ per US$ of GDP 10
1970s 0.1011 constant 2024 US$ per US$ of GDP 0.0731 constant 2024 US$ per US$ of GDP 0.1389 constant 2024 US$ per US$ of GDP 10
1980s 0.0686 constant 2024 US$ per US$ of GDP 0.0616 constant 2024 US$ per US$ of GDP 0.0767 constant 2024 US$ per US$ of GDP 10
1990s 0.0674 constant 2024 US$ per US$ of GDP 0.0591 constant 2024 US$ per US$ of GDP 0.0789 constant 2024 US$ per US$ of GDP 10
2000s 0.0527 constant 2024 US$ per US$ of GDP 0.0351 constant 2024 US$ per US$ of GDP 0.0686 constant 2024 US$ per US$ of GDP 10
2010s 0.0299 constant 2024 US$ per US$ of GDP 0.0271 constant 2024 US$ per US$ of GDP 0.0342 constant 2024 US$ per US$ of GDP 10
2020s 0.0252 constant 2024 US$ per US$ of GDP 0.0228 constant 2024 US$ per US$ of GDP 0.03 constant 2024 US$ per US$ of GDP 6

Countries ranked near India

  1. 45 Kyrgyzstan 0.0247 constant 2024 US$ per US$ of GDP compare
  2. 46 Lebanon 0.0245 constant 2024 US$ per US$ of GDP compare
  3. 47 Finland 0.024 constant 2024 US$ per US$ of GDP compare
  4. 49 Tunisia 0.0235 constant 2024 US$ per US$ of GDP compare
  5. 50 Uruguay 0.0224 constant 2024 US$ per US$ of GDP compare
  6. 51 Sweden 0.0224 constant 2024 US$ per US$ of GDP compare

See the full ranking of 160 places →

More reference data data for India

All data for India →

Frequently asked questions

What is military spending, per unit of gdp in India?
Military spending, per unit of gdp in India was 0.0236 constant 2024 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in India?
The highest recorded value was 0.1705 constant 2024 US$ per US$ of GDP in 1963.
What is the lowest military spending, per unit of gdp recorded in India?
The lowest recorded value was 0.0228 constant 2024 US$ per US$ of GDP in 2024.
How does India rank for military spending, per unit of gdp?
India ranks 48th out of 160 countries with data for 2025.
Is military spending, per unit of gdp rising or falling in India?
Over the last ten years it is down 18.7%. 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, per unit of GDP. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

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.

Military spending ÷ GDP (current US$)

Computed from

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

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.