India Military Spending/Defense Budget 1960-2023
Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
- India military spending/defense budget for 2021 was $76.60B, a 5.02% increase from 2020.
- India military spending/defense budget for 2020 was $72.94B, a 2.05% increase from 2019.
- India military spending/defense budget for 2019 was $71.47B, a 7.86% increase from 2018.
- India military spending/defense budget for 2018 was $66.26B, a 2.63% increase from 2017.
| India Military Spending/Defense Budget - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2021 |
$76.60B |
2.66% |
| 2020 |
$72.94B |
2.88% |
| 2019 |
$71.47B |
2.52% |
| 2018 |
$66.26B |
2.43% |
| 2017 |
$64.56B |
2.53% |
| 2016 |
$56.64B |
2.54% |
| 2015 |
$51.30B |
2.46% |
| 2014 |
$50.91B |
2.54% |
| 2013 |
$47.40B |
2.55% |
| 2012 |
$47.22B |
2.62% |
| 2011 |
$49.63B |
2.70% |
| 2010 |
$46.09B |
2.89% |
| 2009 |
$38.72B |
3.13% |
| 2008 |
$33.00B |
2.63% |
| 2007 |
$28.25B |
2.48% |
| 2006 |
$23.95B |
2.53% |
| 2005 |
$23.07B |
2.75% |
| 2004 |
$20.24B |
2.83% |
| 2003 |
$16.33B |
2.68% |
| 2002 |
$14.75B |
2.83% |
| 2001 |
$14.60B |
2.92% |
| 2000 |
$14.29B |
2.95% |
| 1999 |
$13.90B |
2.96% |
| 1998 |
$11.92B |
2.73% |
| 1997 |
$11.46B |
2.65% |
| 1996 |
$9.90B |
2.47% |
| 1995 |
$9.75B |
2.58% |
| 1994 |
$8.88B |
2.66% |
| 1993 |
$8.25B |
2.82% |
| 1992 |
$8.08B |
2.70% |
| 1991 |
$8.62B |
2.91% |
| 1990 |
$10.54B |
3.15% |
| 1989 |
$10.59B |
3.53% |
| 1988 |
$11.35B |
3.73% |
| 1987 |
$10.88B |
4.23% |
| 1986 |
$9.54B |
4.11% |
| 1985 |
$7.57B |
3.57% |
| 1984 |
$6.96B |
3.42% |
| 1983 |
$6.83B |
3.32% |
| 1982 |
$6.30B |
3.35% |
| 1981 |
$5.88B |
3.19% |
| 1980 |
$5.42B |
3.13% |
| 1979 |
$4.59B |
3.26% |
| 1978 |
$3.98B |
3.13% |
| 1977 |
$3.48B |
3.16% |
| 1976 |
$3.29B |
3.48% |
| 1975 |
$3.32B |
3.53% |
| 1974 |
$2.90B |
3.20% |
| 1973 |
$2.53B |
3.16% |
| 1972 |
$2.50B |
3.72% |
| 1971 |
$2.26B |
3.65% |
| 1970 |
$1.83B |
3.19% |
| 1969 |
$1.69B |
3.14% |
| 1968 |
$1.59B |
3.25% |
| 1967 |
$1.49B |
3.22% |
| 1966 |
$1.66B |
3.57% |
| 1965 |
$2.13B |
3.87% |
| 1964 |
$1.99B |
3.82% |
| 1963 |
$1.80B |
4.03% |
| 1962 |
$1.07B |
2.75% |
| 1961 |
$0.75B |
2.07% |
| 1960 |
$0.68B |
2.00% |
