India—Military Spending (% of govt expenditure)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #43 of 151Updated April 2026
Latest Value
7.6%
2024
YoY Change
-3.4%
2023 → 2024
Global Rank
#43
of 151 countries
Maximum
11.5%
2000
Minimum
7.6%
2024
CAGR
-1.7%
25 years
Last
7.6%
Previous
7.9%
Highest
11.5%
Lowest
7.6%
Source
World Bank World Development Indicators
India's military spending (% of govt expenditure) was 7.6% in 2024, ranking #43 out of 151 countries. This represents a -3.4% change from 2023. Over the past 25 years, the highest recorded value was 11.5% (2000) and the lowest was 7.6% (2024). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 7.6% | -3.4% |
| 2023 | 7.9% | -1.2% |
| 2022 | 8.0% | -0.6% |
| 2021 | 8.0% | -8.2% |
| 2020 | 8.8% | -6.0% |
| 2019 | 9.3% | +2.4% |
| 2018 | 9.1% | -3.1% |
| 2017 | 9.4% | +3.4% |
| 2016 | 9.1% | +2.8% |
| 2015 | 8.8% | -7.1% |
| 2014 | 9.5% | +2.2% |
| 2013 | 9.3% | +0.3% |
| 2012 | 9.3% | -3.3% |
| 2011 | 9.6% | -2.8% |
| 2010 | 9.9% | -4.4% |
| 2009 | 10.3% | +16.0% |
| 2008 | 8.9% | +0.4% |
| 2007 | 8.9% | -6.6% |
| 2006 | 9.5% | -9.1% |
| 2005 | 10.4% | +3.0% |
| 2004 | 10.1% | +11.2% |
| 2003 | 9.1% | -7.9% |
| 2002 | 9.9% | -6.1% |
| 2001 | 10.5% | -8.5% |
| 2000 | 11.5% |
Top Countries — Military Spending (% of govt expenditure)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 54.0% | 2024 |
| 2 | Belarus | 50.7% | 2024 |
| 3 | Myanmar | 29.1% | 2024 |
| 4 | Qatar | 26.9% | 2022 |
| 5 | Saudi Arabia | 22.3% | 2024 |
| 6 | Somalia, Fed. Rep. | 21.6% | 2024 |
| 7 | Algeria | 21.4% | 2024 |
| 8 | Oman | 20.1% | 2024 |
| 9 | Singapore | 20.1% | 2024 |
| 10 | Israel | 20.0% | 2024 |