India: Military spending, percent of GDP

(measure: percent; Source: The Stockholm International Peace Research Institute)
* indicates monthly or quarterly data series

India: Military spending, percent of GDP

: 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 3.02 percent with a minimum of 2 percent in 1960 and a maximum of 4.23 percent in 1987. See the global rankings for that indicator or use the country comparator to compare trends over time.
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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.
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