World Bank Open Data · CC BY 4.0 Some World Bank indicators are published with a lag. The site always shows the latest actually available year for each country and indicator.
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South Asia
Military expenditure (% of GDP)

Within the “South Asia” group, India leads Military expenditure (% of GDP) in 2024 at 2.27%, while Bangladesh sits at the lower end of the current snapshot with 0.94%. This format is well suited to long-tail regional and income-group queries.

Group leaders

0.00.61.11.72.3IndiaIndia: 2.27%2.3Sri LankaSri Lanka: 1.43%1.4NepalNepal: 0.98%1.0BangladeshBangladesh: 0.94%0.9

Country table

#CountryValue
1 India 2.27%
2 Sri Lanka 1.43%
3 Nepal 0.98%
4 Bangladesh 0.94%

Analytical takeaways

  • Inside the South Asia group for Military expenditure (% of GDP) in 2024, India leads with a gap of 0.85% to the next country.
  • The peer set on this page covers 4 countries, and the lower end of the current distribution sits with Bangladesh at 0.94%.
  • This page bridges the global ranking context with a more relevant regional or income-based comparison layer.