Military expenditure as a share of gdp reached 2.44% in 2023 in India, according to the SIPRI Military Expenditure Database. This is 0.735% more than in the previous year.
Historically, military expenditure as a share of GDP in India reached an all time high of 4.23% in 1987 and an all time low of 1.92% in 1958.
India has been ranked 36th within the group of 147 countries we follow in terms of military expenditure as a share of GDP.
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