Military expenditure in dollars — all countries

Military expenditure in dollars — Australia

Military expenditure in dollars in Australia in 2024 — 33,819,572,368 US$. Ranked 15 in the world out of 151. Since 1960, the indicator has risen by 7,255.9%.

2024 33.82B US$ +4.42% vs 2023
World rank 15of 151
Period maximum 33.82B US$2024
Period minimum 460M US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — Australia, 1960–2024010B20B30B40B19601967197419811988199520022009201620231960: 459,760,074 US$1962: 489,440,078 US$1964: 655,760,105 US$1966: 986,720,158 US$1968: 1,321,600,211 US$1970: 1,277,360,204 US$1972: 1,484,443,745 US$1974: 2,127,274,763 US$1976: 2,441,084,025 US$1978: 2,816,316,206 US$1980: 3,657,867,290 US$1982: 4,459,544,582 US$1984: 4,925,319,433 US$1986: 4,606,710,028 US$1988: 5,836,347,868 US$1990: 6,704,213,698 US$1992: 6,882,091,580 US$1994: 7,459,696,582 US$1996: 8,202,776,517 US$1998: 7,107,542,891 US$2000: 7,273,760,313 US$2002: 7,946,766,202 US$2004: 11,995,219,710 US$2006: 14,239,779,513 US$2008: 18,633,092,318 US$2010: 23,217,692,816 US$2012: 26,216,580,848 US$2014: 25,783,708,714 US$2016: 26,382,947,050 US$2018: 26,839,820,914 US$2020: 27,300,894,701 US$2022: 32,445,330,432 US$2024: 33,819,572,368 US$
Change over the period: +33.36B (+7,255.92%) Average annual rate: 6.95 %

Comparison, 2024

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

Australia 33.82B US$
World 2.65T US$
Australia and New Zealand computed 36.82B US$
Military expenditure in dollars — Australia, by year Australia All countries CSV XLSX
Year US$ Change Change, %
2024 33.82B +1.43B +4.42%
2023 32.39B −57.34M −0.18%
2022 32.45B −273M −0.83%
2021 32.72B +5.42B +19.84%
2020 27.3B +1.22B +4.68%
2019 26.08B −760M −2.83%
2018 26.84B −851M −3.07%
2017 27.69B +1.31B +4.96%
2016 26.38B +2.34B +9.72%
2015 24.05B −1.74B −6.74%
2014 25.78B +958M +3.86%
2013 24.83B −1.39B −5.31%
2012 26.22B −381M −1.43%
2011 26.6B +3.38B +14.56%
2010 23.22B +4.26B +22.46%
2009 18.96B +327M +1.76%
2008 18.63B +1.45B +8.42%
2007 17.19B +2.95B +20.69%
2006 14.24B +1B +7.57%
2005 13.24B +1.24B +10.36%
2004 12B +2.07B +20.84%
2003 9.93B +1.98B +24.91%
2002 7.95B +904M +12.83%
2001 7.04B −231M −3.17%
2000 7.27B −496M −6.39%
1999 7.77B +663M +9.32%
1998 7.11B −829M −10.45%
1997 7.94B −266M −3.24%
1996 8.2B +537M +7%
1995 7.67B +206M +2.76%
1994 7.46B +726M +10.78%
1993 6.73B −148M −2.15%
1992 6.88B −141M −2.01%
1991 7.02B +319M +4.76%
1990 6.7B +404M +6.42%
1989 6.3B +464M +7.94%
1988 5.84B +779M +15.41%
1987 5.06B +450M +9.78%
1986 4.61B +220M +5.01%
1985 4.39B −538M −10.93%
1984 4.93B +414M +9.17%
1983 4.51B +52.13M +1.17%
1982 4.46B +136M +3.14%
1981 4.32B +666M +18.2%
1980 3.66B +557M +17.97%
1979 3.1B +284M +10.1%
1978 2.82B +316M +12.63%
1977 2.5B +59.4M +2.43%
1976 2.44B +172M +7.6%
1975 2.27B +141M +6.65%
1974 2.13B +272M +14.63%
1973 1.86B +371M +25.01%
1972 1.48B +153M +11.47%
1971 1.33B +54.39M +4.26%
1970 1.28B −37.52M −2.85%
1969 1.31B −6.72M −0.51%
1968 1.32B +124M +10.33%
1967 1.2B +211M +21.4%
1966 987M +199M +25.32%
1965 787M +132M +20.07%
1964 656M +102M +18.52%
1963 553M +63.84M +13.04%
1962 489M +18.48M +3.92%
1961 471M +11.2M +2.44%
1960 460M

Australia and New Zealand, 2024

The same indicator for neighboring countries — with links to their pages

AU Australia 33.82B NZ New Zealand 3B

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.