India becomes 5th largest military spender with $92.1 billion expenditure in 2025

Key facts

• India is the world's fifth-largest military spender with an expenditure of $92.1 billion in 2025, following an 8.9 per cent increase.
• The Stockholm International Peace Research Institute (SIPRI) released the trends in world military expenditure report.
• Global military expenditure reached a record $2.89 trillion in 2025, growing by 2.9 per cent for the 11th consecutive year.
• The five largest military spenders in 2025 were the United States, China, Russia, Germany, and India.
• The top five nations accounted for 58 per cent of total world military expenditure, totalling $1,686 billion.
• The global military burden, the percentage of global GDP devoted to defence, reached 2.5 per cent, its highest level since 2009.
• On average, governments worldwide allocated 6.9 per cent of their total budgets to the military, amounting to $352 per person.
• China is the world's second-largest spender, increasing its budget by 7.4 per cent to $336 billion, marking its 31st consecutive year of growth.
• United States military spending fell by 7.5 per cent to $954 billion.
• European military spending increased by 14 per cent to $864 billion.
• Total expenditure in Asia and Oceania rose by 8.1 per cent to $681 billion.
• Pakistan's military spending grew by 11 per cent to $11.9 billion in 2025.
• Israeli spending fell by 4.9 per cent to $48.3 billion, while Iran's expenditure dropped to $7.4 billion.