Australia vs Upper middle income: Military expenditure

Australia
33.82 billion current USD
in 2024
Upper middle income
551.35 billion current USD
in 2024
Australia rank
15th
Upper middle income rank
12th

Military expenditure over time

  • Australia
  • Upper middle income
0200.0B400.0B600.0B196019922024

How they compare

Upper middle income currently reports 551.35 billion current USD against 33.82 billion current USD in Australia, a difference of 517.53 billion current USD.

That makes Upper middle income's figure about 16.3 times Australia's.

Across all 36 years both countries report, Upper middle income has been ahead every year.

Australia ranks 15th and Upper middle income ranks 12th of 167 countries.

Upper middle income has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Australia Upper middle income Difference Ahead
1980s 6.30 billion current USD 56.23 billion current USD 49.93 billion current USD Upper middle income
1990s 7.35 billion current USD 64.20 billion current USD 56.85 billion current USD Upper middle income
2000s 12.64 billion current USD 123.20 billion current USD 110.56 billion current USD Upper middle income
2010s 25.77 billion current USD 328.85 billion current USD 303.08 billion current USD Upper middle income
2020s 31.73 billion current USD 467.45 billion current USD 435.71 billion current USD Upper middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Australia or Upper middle income?
Upper middle income, at 551.35 billion current USD against 33.82 billion current USD in Australia as of 2024.
What is the difference in military expenditure between Australia and Upper middle income?
517.53 billion current USD, with Upper middle income ahead.
How many years of comparable data are there for Australia and Upper middle income?
36 years are reported by both, from 1989 to 2024.
How do Australia and Upper middle income rank globally for military expenditure?
Australia ranks 15th and Upper middle income ranks 12th of 167 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.

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Australia vs Upper middle income: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 19 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/australia/upper-middle-income/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)