(measure: million U.S. dollars (constant 2011 prices); Source: The Stockholm International Peace Research Institute)
* indicates monthly or quarterly data series
India: Military spending, in million U.S. dollars
For that indicator, The Stockholm International Peace Research Institute provides data for India from 1960 to 2018. The average value for India during that period was 15857709459.1 million U.S. dollars (constant 2011 prices) with a minimum of 681765681.77 million U.S. dollars (constant 2011 prices) in 1960 and a maximum of 66510289108.5 million U.S. dollars (constant 2011 prices) in 2018.
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The entire data set can be obtained at sipri data.
Definition: Military spending includes expenditure on peacekeeping, defense ministries, paramilitary forces, and military space activities. Also: military and civil personnel, including retirement pensions; operations and maintenance; procurement; military research and development; and military aid. Defense and current expenditure for past military activities, such as for veterans' benefits, demobilization, conversion, and weapon destruction, are not included.