South Asia Military Spending/Defense Budget 1960-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • South Asia military spending/defense budget for 2021 was $95.07B, a 5.48% increase from 2020.
  • South Asia military spending/defense budget for 2020 was $90.13B, a 1.94% increase from 2019.
  • South Asia military spending/defense budget for 2019 was $88.42B, a 5.38% increase from 2018.
  • South Asia military spending/defense budget for 2018 was $83.91B, a 2.6% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
World $2,077.10B
OECD members $1,361.86B
North America $827.12B
East Asia & Pacific $483.22B
European Union $257.10B
Euro Area $214.87B
South Asia $95.07B
Latin America & Caribbean $56.26B
Sub-Saharan Africa $20.20B
South Asia Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $95.07B 2.59%
2020 $90.13B 2.77%
2019 $88.42B 2.51%
2018 $83.91B 2.47%
2017 $81.78B 2.52%
2016 $72.13B 2.52%
2015 $66.18B 2.47%
2014 $64.44B 2.53%
2013 $59.20B 2.52%
2012 $58.49B 2.59%
2011 $60.75B 2.66%
2010 $55.77B 2.82%
2009 $47.24B 3.00%
2008 $41.20B 2.64%
2007 $35.99B 2.52%
2006 $30.83B 2.57%
2005 $29.36B 2.76%
2004 $26.01B 2.83%
2003 $21.42B 2.72%
2002 $19.36B 2.84%
2001 $18.89B 2.92%
2000 $18.87B 3.01%
1999 $18.39B 3.09%
1998 $16.62B 2.96%
1997 $16.21B 2.93%
1996 $14.90B 2.89%
1995 $14.84B 2.99%
1994 $13.22B 2.99%
1993 $12.43B 3.19%
1992 $12.26B 3.11%
1991 $12.38B 3.21%
1990 $13.95B 3.30%
1989 $13.71B 3.63%
1988 $14.60B 3.82%
1987 $13.93B 4.24%
1986 $12.27B 4.14%
1985 $10.16B 3.70%
1984 $9.40B 3.56%
1983 $9.12B 3.48%
1982 $8.39B 3.47%
1981 $7.84B 3.22%
1980 $7.07B 3.14%
1979 $5.95B 3.23%
1978 $5.18B 3.17%
1977 $4.57B 3.19%
1976 $4.27B 3.44%
1975 $4.22B 3.24%
1974 $3.62B 3.03%
1973 $3.09B 3.05%
1972 $2.98B 4.04%
1971 $3.03B 3.96%
1970 $2.50B 3.44%
1969 $2.26B 3.37%
1968 $2.09B 3.41%
1967 $1.98B 3.42%
1966 $2.23B 3.87%
1965 $2.58B 3.97%
1964 $2.26B 3.76%
1963 $2.03B 3.92%
1962 $1.28B 2.78%
1961 $0.98B 2.23%
1960 $0.91B 2.18%