Military expenditure in current prices

81,363 (million US dollars) in 2022

In 2022, military expenditure for India was 81,363 million US dollars. Military expenditure of India increased from 2,530 million US dollars in 1973 to 81,363 million US dollars in 2022 growing at an average annual rate of 7.67%.

The description is composed by our digital data assistant.

Military expenditure by country, in current US$ m

Date Value Change, %
2022 81,363 6.57%
2021 76,349 4.68%
2020 72,937 2.05%
2019 71,469 7.86%
2018 66,258 2.63%
2017 64,559 13.99%
2016 56,638 10.41%
2015 51,295 0.75%
2014 50,914 7.41%
2013 47,404 0.40%
2012 47,217 -4.87%
2011 49,634