India vs Ukraine: Military expenditure

India

86.13 billion current USD

in 2024

Ukraine

64.70 billion current USD

in 2024

India rank

5th

Ukraine rank

8th

Military expenditure over time

India currently reports 86.13 billion current USD against 64.70 billion current USD in Ukraine, a difference of 21.42 billion current USD.

That makes India's figure about 1.3 times Ukraine's.

Across all 32 years both countries report, India has been ahead every year.

Globally, India ranks 5th and Ukraine ranks 8th of 167 countries.

Indicator: Military expenditure (current USD)
Unit: current USD
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 211 places, 10,601 data points, 1960–2024
Last refreshed: 06 August 2026

Military spending USD, in current prices (converted at the exchange rate for the given year)