India – Military Spending

India Military Spending

India military spending data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 2.27%.

COUNTRY: India

UNIT: percent of GDP

SOURCE: World Bank / public data sources

UPDATED: 2026-08-31 05:08:12

GM ECONOMY RATING

India · Economic Stability Rating

Composite rating based on inflation, growth, debt, unemployment and current account.

BBB

73 / 100

Good stability

Fiscal stability

9.1 / 25

Macroeconomic stability

19.0 / 20

External stability

11.0 / 15

Financial robustness

15.0 / 15

Structural stability

10.0 / 15

Future capacity

10.0 / 10

Demographic capacity

2.5 / 5

Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 100% of weighted inputs available.

Time range:

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