Military Expenditure in India increased to 86126 USD Million in 2024 from 82293.30 USD Million in 2023. Military Expenditure in India averaged 20391.70 USD Million from 1956 until 2024, reaching an all time high of 86126.00 USD Million in 2024 and a record low of 518.40 USD Million in 1956. source: SIPRI

Related	Last	Previous	Unit	Reference
Credit Rating	56.00			Feb 2026
Fiscal Expenditure	3380998.00	2925910.00	INR Tens of Million	Dec 2025
Government Budget	-4.80	-5.87	percent of GDP	Dec 2024
Government Budget Value	-855842.00	-976671.00	INR Tens of Million	Dec 2025
Government Debt to GDP	81.92	81.76	percent of GDP	Dec 2024
Government Revenues	2525156.00	1949239.00	INR Tens of Million	Dec 2025
Government Spending	3927.30	4495.11	INR Billion	Sep 2025
Government Spending to GDP	14.77	15.20	percent of GDP	Dec 2024
Holidays
Military Expenditure	86126.00	82293.30	USD Million	Dec 2024