India: Military expenditure (% of GDP)
In , India's Military expenditure (% of GDP) was 2.27.
That's down 3.6% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . India ranks #43 globally out of 147 reporting countries. Within South Asia, it ranks #1 of 4.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 3.13
- Trough
- 2.27
- 1-year change
- -3.6%
- 5-year change
- -10.8%
- -2.3% / yr
- 10-year change
- -10.7%
- -1.1% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 2.2712 | |
| 2.3568 | |
| 2.3831 | |
| 2.4687 | |
| 2.8036 | |
| 2.5460 | |
| 2.4243 | |
| 2.5315 | |
| 2.5432 | |
| 2.4575 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was India's Military expenditure (% of GDP) in 2024?
- In 2024, India's Military expenditure (% of GDP) was 2.27, according to World Bank Open Data.
- Is India's Military expenditure (% of GDP) rising or falling?
- India's Military expenditure (% of GDP) fell 3.6% from 2023 to 2024.
- How does India rank globally on Military expenditure (% of GDP)?
- In 2024, India ranked #43 out of 147 countries reporting Military expenditure (% of GDP).
- How does India's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so India is above the world average. Within South Asia, it ranks #1 of 4.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.