Australia vs Europe & Central Asia (IDA & IBRD countries): Military expenditure
Australia
33.82 billion current USD
in 2024
Europe & Central Asia (IDA & IBRD countries)
302.41 billion current USD
in 2024
Australia rank
15th
Europe & Central Asia (IDA & IBRD countries) rank
18th
Military expenditure over time
- Australia
- Europe & Central Asia (IDA & IBRD countries)
How they compare
Europe & Central Asia (IDA & IBRD countries) currently reports 302.41 billion current USD against 33.82 billion current USD in Australia, a difference of 268.59 billion current USD.
That makes Europe & Central Asia (IDA & IBRD countries)'s figure about 8.9 times Australia's.
Across all 33 years both countries report, Europe & Central Asia (IDA & IBRD countries) has been ahead every year.
Australia ranks 15th and Europe & Central Asia (IDA & IBRD countries) ranks 18th of 168 countries.
Europe & Central Asia (IDA & IBRD countries) has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Europe & Central Asia (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.47 billion current USD | 24.86 billion current USD | 17.39 billion current USD | Europe & Central Asia (IDA & IBRD countries) |
| 2000s | 12.64 billion current USD | 55.73 billion current USD | 43.09 billion current USD | Europe & Central Asia (IDA & IBRD countries) |
| 2010s | 25.77 billion current USD | 116.08 billion current USD | 90.32 billion current USD | Europe & Central Asia (IDA & IBRD countries) |
| 2020s | 31.73 billion current USD | 193.65 billion current USD | 161.91 billion current USD | Europe & Central Asia (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, Australia or Europe & Central Asia (IDA & IBRD countries)?
- Europe & Central Asia (IDA & IBRD countries), at 302.41 billion current USD against 33.82 billion current USD in Australia as of 2024.
- What is the difference in military expenditure between Australia and Europe & Central Asia (IDA & IBRD countries)?
- 268.59 billion current USD, with Europe & Central Asia (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Australia and Europe & Central Asia (IDA & IBRD countries)?
- 33 years are reported by both, from 1992 to 2024.
- How do Australia and Europe & Central Asia (IDA & IBRD countries) rank globally for military expenditure?
- Australia ranks 15th and Europe & Central Asia (IDA & IBRD countries) ranks 18th of 168 countries.
- Where does this data come from?
- SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current USD). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)