India's Military Expenditure Nearly 9 Times Pakistan’s in 2024: SIPRI Report
According to the Stockholm International Peace Research Institute (SIPRI) 2024 annual report, India’s military expenditure surged significantly, making it almost nine times greater than Pakistan’s defense spending. This marks a notable shift in South Asia’s strategic balance and reflects India’s growing focus on strengthening its defense capabilities amid regional and global tensions.
India’s Defense Spending Reaches New Heights
SIPRI’s report highlighted that India’s military expenditure reached an estimated $83.6 billion in 2024, positioning India as the fourth-largest military spender globally, following the United States, China, and Russia. Compared to 2023, this represents a 6% increase year-on-year, driven by investments in modernization, indigenous defense production, and infrastructure enhancement along sensitive border areas.
The Indian government's focus on initiatives like “Atmanirbhar Bharat” (self-reliant India) in defense manufacturing also contributed significantly to the budget expansion, aiming to reduce dependency on foreign arms and strengthen local defense industries.
Pakistan’s Modest Defense Budget
In contrast, Pakistan's military expenditure stood at approximately $9.2 billion in 2024, reflecting a marginal increase of about 2% from the previous year. Economic challenges, IMF programs, and ongoing domestic fiscal pressures have limited Pakistan’s capacity to expand its defense budget.
Despite maintaining a considerable defense posture relative to its economy, Pakistan's military spending remains overshadowed by India's massive investments.
Key Insights from the SIPRI Report
Global Military Spending reached an all-time high in 2024, surpassing $2.4 trillion.
Asia and Oceania recorded a substantial rise in defense spending, driven largely by China, India, and Japan.
The growing disparity in military budgets between India and Pakistan could impact strategic stability and diplomatic engagements in South Asia.
Technological modernization, cyber capabilities, and artificial intelligence are becoming priority areas in India's defense strategies.
Implications for South Asia
The vast gap in defense spending between India and Pakistan could reshape security dynamics across the region. India’s investments are increasingly geared toward countering Chinese influence, upgrading its maritime strength, and reinforcing its position as a major regional power. Meanwhile, Pakistan continues to rely heavily on asymmetric warfare capabilities and strategic partnerships with allies like China to maintain its deterrence posture.
FAQs on India vs Pakistan Military Expenditure (2024)
1. What was India's total military expenditure in 2024?
India spent approximately $83.6 billion on its military in 2024, making it the fourth-highest in the world according to SIPRI.
2. How does Pakistan’s military budget compare?
Pakistan’s military expenditure was around $9.2 billion in 2024, which is about one-ninth of India's defense budget.
3. Why has India increased its defense budget?
India has boosted its military spending to support modernization efforts, strengthen border security, enhance indigenous defense production, and counter regional threats, particularly from China and Pakistan.
4. Is Pakistan reducing its military expenditure?
While Pakistan has slightly increased its defense spending, economic challenges have restrained its ability to match India's growth rate in military investments.
5. How does this gap affect South Asia’s security?
The widening gap could lead to strategic imbalances, influencing diplomatic relations, arms races, and regional power dynamics in South Asia.
🟢 Why Choose Vizzve Financials?
Vizzve isn’t just another financial company. It’s a community-driven platform built to simplify loans, improve financial literacy, and support your goals.
✅ Instant Loan Approvals
✅ Low Interest Rates
✅ Easy Documentation
✅ Expert Loan Advisory
✅ Loans for Salaried, Self-Employed & Businesses
Whether you’re looking to consolidate debt, grow a business, or fund personal needs—Vizzve is your trusted partner.
📌 Final Thoughts
Real stories, expert tips, and the right loan partner can help you unlock your financial potential. Let Vizzve Financials be part of your journey toward savings, stability, and success.
📲 Ready to take the next step? Visit www.vizzve.com and apply for a loan today!
Published on :April 28, 2025 by : PAVAN