India Military Spending/Defense Budget 1960-2022

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 2020 was $72.89B, a 1.98% 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 for 2017 was $64.56B, a 13.99% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
India $72.89B
Pakistan $10.38B
Indonesia $9.40B
Ukraine $5.92B
Morocco $4.83B
Bangladesh $4.56B
Egypt $4.51B
Philippines $3.73B
Nigeria $2.57B
Myanmar $2.45B
Sri Lanka $1.57B
Tunisia $1.16B
Kenya $1.11B
Angola $0.99B
Sudan $0.93B
Cambodia $0.65B
Bolivia $0.61B
Honduras $0.40B
Cameroon $0.39B
El Salvador $0.37B
Republic of Congo $0.30B
Georgia $0.29B
Ghana $0.24B
Zambia $0.21B
Mauritania $0.20B
Kyrgyz Republic $0.13B
Mongolia $0.11B
Papua New Guinea $0.09B
Kosovo $0.08B
Nicaragua $0.08B
Eswatini $0.08B
Moldova $0.04B
Timor-Leste $0.04B
Lesotho $0.04B
Cabo Verde $0.01B
India Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2020 $72.89B 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%