Australia Military Spending/Defense Budget 1960-2022

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Australia military spending/defense budget for 2020 was $27.54B, a 5.59% increase from 2019.
  • Australia military spending/defense budget for 2019 was $26.08B, a 2.83% decline from 2018.
  • Australia military spending/defense budget for 2018 was $26.84B, a 3.07% decline from 2017.
  • Australia military spending/defense budget for 2017 was $27.69B, a 4.96% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $778.23B
United Kingdom $59.24B
Saudi Arabia $57.52B
Germany $52.76B
France $52.75B
Japan $49.15B
South Korea $45.74B
Italy $28.92B
Australia $27.54B
Canada $22.75B
Israel $21.70B
Spain $17.43B
Poland $13.03B
Netherlands $12.58B
Singapore $10.86B
Norway $7.11B
Kuwait $6.94B
Oman $6.73B
Sweden $6.45B
Switzerland $5.70B
Belgium $5.46B
Greece $5.30B
Denmark $4.95B
Portugal $4.64B
Chile $4.60B
Finland $4.09B
Austria $3.60B
Czech Republic $3.25B
New Zealand $3.01B
Argentina $2.91B
Hungary $2.41B
Slovak Republic $1.84B
Bahrain $1.40B
Lithuania $1.17B
Uruguay $1.16B
Ireland $1.14B
Croatia $1.03B
Latvia $0.76B
Estonia $0.70B
Slovenia $0.57B
Luxembourg $0.49B
Brunei $0.44B
Cyprus $0.42B
Trinidad and Tobago $0.16B
Malta $0.08B
Seychelles $0.02B
Iceland $0.00B
Panama $0.00B
Australia Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2020 $27.54B 2.06%
2019 $26.08B 1.88%
2018 $26.84B 1.89%
2017 $27.69B 2.00%
2016 $26.38B 2.08%
2015 $24.05B 1.95%
2014 $25.78B 1.77%
2013 $24.83B 1.64%
2012 $26.22B 1.67%
2011 $26.60B 1.76%
2010 $23.22B 1.86%
2009 $18.96B 1.93%
2008 $18.63B 1.80%
2007 $17.19B 1.82%
2006 $14.24B 1.82%
2005 $13.24B 1.80%
2004 $12.00B 1.83%
2003 $9.93B 1.85%
2002 $7.95B 1.87%
2001 $7.04B 1.87%
2000 $7.27B 1.83%
1999 $7.77B 1.89%
1998 $7.11B 1.87%
1997 $7.94B 1.87%
1996 $8.20B 1.93%
1995 $7.67B 2.02%
1994 $7.46B 2.12%
1993 $6.73B 2.18%
1992 $6.88B 2.17%
1991 $7.02B 2.17%
1990 $6.70B 2.08%
1989 $6.30B 2.05%
1988 $5.84B 2.16%
1987 $5.06B 2.37%
1986 $4.61B 2.54%
1985 $4.39B 2.52%
1984 $4.93B 2.51%
1983 $4.51B 2.52%
1982 $4.46B 2.39%
1981 $4.32B 2.30%
1980 $3.66B 2.25%
1979 $3.10B 2.19%
1978 $2.82B 2.22%
1977 $2.50B 2.25%
1976 $2.44B 2.22%
1975 $2.27B 2.27%
1974 $2.13B 2.26%
1973 $1.86B 2.38%
1972 $1.48B 2.69%
1971 $1.33B 2.76%
1970 $1.28B 2.97%
1969 $1.31B 3.39%
1968 $1.32B 3.84%
1967 $1.20B 3.79%
1966 $0.99B 3.45%
1965 $0.79B 2.95%
1964 $0.66B 2.65%
1963 $0.55B 2.45%
1962 $0.49B 2.36%
1961 $0.47B 2.42%
1960 $0.46B 2.37%