Military expenditure in local currency reached INR 6,900,585,000,000 bil in 2023 in India, according to the SIPRI Military Expenditure Database. This is 108,018,560,471% more than in the previous year.
Historically, military expenditure in local currency in India reached an all time high of INR 6,900,585,000,000 bil in 2023 and an all time low of INR 2.47 bil in 1956.
India has been ranked 10th within the group of 148 countries we follow in terms of military expenditure in local currency.
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