Military budget of India: Overall trend: India's military expenditure as a percentage of GDP has been declining since 2009, but has been increasing since the NDA government came to power in 2014. UPA government (2007-2013): Military expenditure ranged from 2.34% to 2.71% of GDP.
Expenditure declined from 2009 to 2013. NDA government (2014-2024): Military expenditure has been increasing since 2014.
Expenditure is projected to reach 1.89% of GDP in 2024. Largest changes: Largest increase: 0.36% in 2020.
Largest decrease: 0.1% in 2016.
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