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Military Expenditure (Local Currency) in India

Source: World Bank
Last Updated: April 1, 2024

Military expenditure in local currency reached INR 6,388 bil in 2022 in India, according to the SIPRI Military Expenditure Database. This is 13.3% more than in the previous year.

Historically, military expenditure in local currency in India reached an all time high of INR 6,388 bil in 2022 and an all time low of INR 2.47 bil in 1956.

India has been ranked 8th within the group of 150 countries we follow in terms of military expenditure in local currency.

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