Military expenditure in dollars — all countries

Military expenditure in dollars — Canada

Military expenditure in dollars in Canada in 2024 — 29,346,897,810 US$. Ranked 16 in the world out of 151. Since 1960, the indicator has risen by 1,623.8%.

2024 29.35B US$ +7.78% vs 2023
World rank 16of 151
Period maximum 29.35B US$2024
Period minimum 1.57B US$1965

Trend over time

1960–2024 · US$

Military expenditure in dollars — Canada, 1960–2024010B20B30B19601967197419811988199520022009201620231960: 1,702,442,711 US$1962: 1,671,313,753 US$1964: 1,657,457,283 US$1966: 1,614,422,827 US$1968: 1,797,265,817 US$1970: 1,889,157,918 US$1972: 2,233,737,031 US$1974: 2,809,465,529 US$1976: 3,581,805,735 US$1978: 3,969,158,477 US$1980: 4,744,402,251 US$1982: 6,017,321,456 US$1984: 7,349,795,764 US$1986: 7,780,136,740 US$1988: 9,897,335,684 US$1990: 11,414,631,847 US$1992: 10,788,803,124 US$1994: 9,577,377,640 US$1996: 8,615,884,471 US$1998: 7,748,607,984 US$2000: 8,299,385,231 US$2002: 8,495,399,281 US$2004: 11,336,489,831 US$2006: 14,809,892,803 US$2008: 19,342,058,405 US$2010: 19,315,688,825 US$2012: 20,452,107,111 US$2014: 17,853,640,478 US$2016: 17,782,775,543 US$2018: 22,729,327,580 US$2020: 23,082,774,049 US$2022: 25,567,943,876 US$2024: 29,346,897,810 US$
Change over the period: +27.64B (+1,623.81%) Average annual rate: 4.55 %

Comparison, 2024

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

Canada 29.35B US$
World 2.65T US$
North America 1.03T US$
Military expenditure in dollars — Canada, by year Canada All countries CSV XLSX
Year US$ Change Change, %
2024 29.35B +2.12B +7.78%
2023 27.23B +1.66B +6.49%
2022 25.57B +206M +0.81%
2021 25.36B +2.28B +9.88%
2020 23.08B +688M +3.07%
2019 22.39B −334M −1.47%
2018 22.73B +460M +2.06%
2017 22.27B +4.49B +25.23%
2016 17.78B −155M −0.86%
2015 17.94B +84M +0.47%
2014 17.85B −662M −3.58%
2013 18.52B −1.94B −9.47%
2012 20.45B −942M −4.4%
2011 21.39B +2.08B +10.76%
2010 19.32B +379M +2%
2009 18.94B −406M −2.1%
2008 19.34B +1.92B +11.05%
2007 17.42B +2.61B +17.6%
2006 14.81B +1.82B +14.03%
2005 12.99B +1.65B +14.57%
2004 11.34B +1.38B +13.84%
2003 9.96B +1.46B +17.22%
2002 8.5B +120M +1.43%
2001 8.38B +76.19M +0.92%
2000 8.3B +88.61M +1.08%
1999 8.21B +462M +5.96%
1998 7.75B −197M −2.47%
1997 7.95B −671M −7.78%
1996 8.62B −561M −6.11%
1995 9.18B −400M −4.18%
1994 9.58B −691M −6.73%
1993 10.27B −520M −4.82%
1992 10.79B −550M −4.85%
1991 11.34B −76.13M −0.67%
1990 11.41B +667M +6.21%
1989 10.75B +850M +8.59%
1988 9.9B +1.2B +13.84%
1987 8.69B +914M +11.75%
1986 7.78B +320M +4.28%
1985 7.46B +111M +1.51%
1984 7.35B +403M +5.8%
1983 6.95B +930M +15.45%
1982 6.02B +876M +17.04%
1981 5.14B +397M +8.36%
1980 4.74B +660M +16.17%
1979 4.08B +115M +2.9%
1978 3.97B +217M +5.78%
1977 3.75B +170M +4.76%
1976 3.58B +401M +12.6%
1975 3.18B +371M +13.22%
1974 2.81B +446M +18.89%
1973 2.36B +129M +5.79%
1972 2.23B +156M +7.51%
1971 2.08B +189M +9.98%
1970 1.89B +119M +6.73%
1969 1.77B −27.16M −1.51%
1968 1.8B +21.77M +1.23%
1967 1.78B +161M +9.98%
1966 1.61B +39.72M +2.52%
1965 1.57B −82.75M −4.99%
1964 1.66B +47.37M +2.94%
1963 1.61B −61.22M −3.66%
1962 1.67B −6.51M −0.39%
1961 1.68B −24.62M −1.45%
1960 1.7B

Northern America, 2024

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

US United States 997B CA Canada 29.35B

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.