Military expenditure in dollars — all countries

Military expenditure in dollars — South Asia

Military expenditure in dollars in South Asia in 2024 — 91,920,368,329 US$. Since 1960, the indicator has risen by 13,061.2%.

2024 91.92B US$ +4.84% vs 2023
World rank
Period maximum 91.92B US$2024
Period minimum 698M US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — South Asia, 1960–2024025B50B75B100B19601967197419811988199520022009201620231960: 698,418,698 US$1962: 1,081,285,831 US$1964: 2,000,593,251 US$1966: 1,676,437,672 US$1968: 1,601,171,893 US$1970: 1,859,193,891 US$1972: 2,503,748,409 US$1974: 3,004,578,773 US$1976: 3,435,744,099 US$1978: 4,147,503,911 US$1980: 5,638,959,724 US$1982: 6,538,248,361 US$1984: 7,285,982,092 US$1986: 9,991,955,820 US$1988: 11,879,690,487 US$1990: 11,135,011,486 US$1992: 8,875,328,046 US$1994: 9,904,254,152 US$1996: 11,350,284,199 US$1998: 13,397,905,129 US$2000: 15,901,797,902 US$2002: 16,088,547,249 US$2004: 21,759,163,507 US$2006: 25,730,349,483 US$2008: 35,730,829,448 US$2010: 49,502,046,924 US$2012: 50,771,934,592 US$2014: 55,512,794,684 US$2016: 61,975,328,079 US$2018: 71,975,712,859 US$2020: 79,509,069,930 US$2022: 85,647,605,251 US$2024: 91,920,368,329 US$
Change over the period: +91.22B (+13,061.21%) Average annual rate: 7.92 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: South Asia

South Asia 91.92B US$
World 2.65T US$
Military expenditure in dollars — South Asia, by year South Asia All countries CSV XLSX
Year US$ Change Change, %
2024 91.92B +4.24B +4.84%
2023 87.68B +2.03B +2.37%
2022 85.65B +2.46B +2.95%
2021 83.19B +3.68B +4.63%
2020 79.51B +1.7B +2.19%
2019 77.81B +5.83B +8.1%
2018 71.98B +1.85B +2.63%
2017 70.13B +8.15B +13.16%
2016 61.98B +5.48B +9.71%
2015 56.49B +980M +1.76%
2014 55.51B +4.18B +8.14%
2013 51.33B +561M +1.11%
2012 50.77B −2.7B −5.05%
2011 53.47B +3.97B +8.02%
2010 49.5B +7.79B +18.67%
2009 41.71B +5.98B +16.74%
2008 35.73B +5.3B +17.41%
2007 30.43B +4.7B +18.28%
2006 25.73B +1.08B +4.38%
2005 24.65B +2.89B +13.28%
2004 21.76B +4.06B +22.95%
2003 17.7B +1.61B +10%
2002 16.09B +42.7M +0.27%
2001 16.05B +144M +0.91%
2000 15.9B +590M +3.86%
1999 15.31B +1.91B +14.28%
1998 13.4B +510M +3.95%
1997 12.89B +1.54B +13.55%
1996 11.35B +172M +1.54%
1995 11.18B +1.27B +12.86%
1994 9.9B +788M +8.64%
1993 9.12B +241M +2.72%
1992 8.88B −442M −4.74%
1991 9.32B −1.82B −16.33%
1990 11.14B +4.4M +0.04%
1989 11.13B −749M −6.31%
1988 11.88B +453M +3.97%
1987 11.43B +1.43B +14.36%
1986 9.99B +1.98B +24.72%
1985 8.01B +725M +9.96%
1984 7.29B +148M +2.08%
1983 7.14B +599M +9.17%
1982 6.54B +435M +7.14%
1981 6.1B +464M +8.22%
1980 5.64B +868M +18.18%
1979 4.77B +624M +15.04%
1978 4.15B +501M +13.73%
1977 3.65B +211M +6.15%
1976 3.44B −9.74M −0.28%
1975 3.45B +441M +14.67%
1974 3B +394M +15.08%
1973 2.61B +107M +4.28%
1972 2.5B +210M +9.17%
1971 2.29B +434M +23.35%
1970 1.86B +152M +8.9%
1969 1.71B +106M +6.63%
1968 1.6B +97.73M +6.5%
1967 1.5B −173M −10.32%
1966 1.68B −464M −21.68%
1965 2.14B +140M +6.99%
1964 2B +191M +10.57%
1963 1.81B +728M +67.33%
1962 1.08B +316M +41.26%
1961 765M +67.05M +9.6%
1960 698M

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.