Military expenditure in dollars — all countries

Military expenditure in dollars — Australia and New Zealand

Military expenditure in dollars in Australia and New Zealand in 2024 — 36,818,099,886 US$. Since 1960, the indicator has risen by 6,463.2%.

2024 36.82B US$ +3.96% vs 2023
World rank
Period maximum 36.82B US$2024
Period minimum 561M US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — Australia and New Zealand, 1960–2024010B20B30B40B19601967197419811988199520022009201620231960: 560,979,750 US$1962: 585,763,184 US$1964: 779,162,136 US$1966: 1,134,941,639 US$1968: 1,457,120,233 US$1970: 1,449,280,232 US$1972: 1,690,615,758 US$1974: 2,418,718,886 US$1976: 2,712,755,551 US$1978: 3,204,889,708 US$1980: 4,334,806,550 US$1982: 5,068,312,338 US$1984: 5,455,651,237 US$1986: 5,297,844,068 US$1988: 6,798,186,181 US$1990: 7,761,963,370 US$1992: 7,752,490,497 US$1994: 8,439,228,399 US$1996: 9,441,048,504 US$1998: 8,076,899,240 US$2000: 8,132,175,232 US$2002: 8,812,555,055 US$2004: 13,188,715,320 US$2006: 15,599,310,265 US$2008: 20,168,075,109 US$2010: 24,974,609,369 US$2012: 28,169,662,402 US$2014: 27,778,484,211 US$2016: 28,304,762,667 US$2018: 29,142,159,648 US$2020: 30,111,077,050 US$2022: 35,274,416,271 US$2024: 36,818,099,886 US$
Change over the period: +36.26B (+6,463.18%) Average annual rate: 6.76 %

Comparison, 2024

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

Australia and New Zealand 36.82B US$
World 2.65T US$
Military expenditure in dollars — Australia and New Zealand, by year Australia and New Zealand All countries CSV XLSX
Year US$ Change Change, %
2024 36.82B +1.4B +3.96%
2023 35.42B +143M +0.4%
2022 35.27B −349M −0.98%
2021 35.62B +5.51B +18.31%
2020 30.11B +1.31B +4.53%
2019 28.81B −337M −1.16%
2018 29.14B −694M −2.33%
2017 29.84B +1.53B +5.41%
2016 28.3B +2.52B +9.79%
2015 25.78B −2B −7.19%
2014 27.78B +1B +3.74%
2013 26.78B −1.39B −4.94%
2012 28.17B −365M −1.28%
2011 28.53B +3.56B +14.26%
2010 24.97B +4.55B +22.29%
2009 20.42B +254M +1.26%
2008 20.17B +1.39B +7.4%
2007 18.78B +3.18B +20.38%
2006 15.6B +1.07B +7.37%
2005 14.53B +1.34B +10.16%
2004 13.19B +2.17B +19.7%
2003 11.02B +2.21B +25.02%
2002 8.81B +973M +12.41%
2001 7.84B −292M −3.6%
2000 8.13B −608M −6.96%
1999 8.74B +664M +8.22%
1998 8.08B −1.04B −11.42%
1997 9.12B −323M −3.42%
1996 9.44B +629M +7.13%
1995 8.81B +373M +4.42%
1994 8.44B +839M +11.03%
1993 7.6B −152M −1.96%
1992 7.75B −260M −3.25%
1991 8.01B +251M +3.23%
1990 7.76B +502M +6.92%
1989 7.26B +461M +6.79%
1988 6.8B +815M +13.63%
1987 5.98B +685M +12.93%
1986 5.3B +382M +7.77%
1985 4.92B −540M −9.89%
1984 5.46B +376M +7.41%
1983 5.08B +10.91M +0.22%
1982 5.07B +84.31M +1.69%
1981 4.98B +649M +14.98%
1980 4.33B +797M +22.54%
1979 3.54B +333M +10.38%
1978 3.2B +397M +14.14%
1977 2.81B +95.16M +3.51%
1976 2.71B +152M +5.93%
1975 2.56B +142M +5.88%
1974 2.42B +317M +15.06%
1973 2.1B +411M +24.34%
1972 1.69B +178M +11.77%
1971 1.51B +63.32M +4.37%
1970 1.45B −13.16M −0.9%
1969 1.46B +5.32M +0.37%
1968 1.46B +110M +8.14%
1967 1.35B +212M +18.72%
1966 1.13B +221M +24.13%
1965 914M +135M +17.35%
1964 779M +126M +19.26%
1963 653M +67.56M +11.53%
1962 586M +18.12M +3.19%
1961 568M +6.66M +1.19%
1960 561M

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.