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India fifth-largest military spender in 2025 at $92.1 bn; Pakistan 31st with $11.9 bn: Sipri data
Sipri's 2025 data published April 27, 2026 shows India as the fifth-largest global military spender, with $92.1 billion in 2024 and accounting for 3.2% of world expenditure. Pakistan is listed at 31st with $11.9 billion. The report notes a link to emergency procurements following Operation Sindoor in 2024.
Why It Matters
The data highlights India's growing defense outlay and its share of global military expenditure, against a backdrop of regional security concerns.
Timeline
3 Events
Sipri 2025 data published: India fifth-largest spender; 3.2% of global expenditure; $92.1B in 2024
April 27, 2026
According to Sipri's 2025 data published on April 27, 2026, India was the fifth-biggest military spender after the United States, China, Russia and Germany, accounting for 3.2% of global military expenditure. The report notes that India's spending in 2024 was $92.1 billion, up 8.9% from 2023.
India's 2024 military spending reaches $92.1 billion
2024
India's military spending in 2024 was $92.1 billion, up 8.9% from 2023.
Operation Sindoor launched against Pakistan (2024)
2024
India launched Operation Sindoor against Pakistan in 2024, prompting the armed forces to undertake a raft of emergency procurements to stay battle-ready.