Australia Military Spending/Defense Budget 1960-2024
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 2022 was $32.30B, a 1.28% decline from 2021.
- Australia military spending/defense budget for 2021 was $32.72B, a 19.84% increase from 2020.
- Australia military spending/defense budget for 2020 was $27.30B, a 4.68% increase from 2019.
- Australia military spending/defense budget for 2019 was $26.08B, a 2.83% decline from 2018.
| Australia Military Spending/Defense Budget - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2022 |
$32.30B |
1.90% |
| 2021 |
$32.72B |
1.99% |
| 2020 |
$27.30B |
2.01% |
| 2019 |
$26.08B |
1.88% |
| 2018 |
$26.84B |
1.90% |
| 2017 |
$27.69B |
2.00% |
| 2016 |
$26.38B |
2.09% |
| 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 |
1.85% |
| 2009 |
$18.96B |
1.92% |
| 2008 |
$18.63B |
1.80% |
| 2007 |
$17.19B |
1.81% |
| 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% |
