Canada vs Europe & Central Asia (IDA & IBRD countries): Military expenditure

Canada
29.35 billion current USD
in 2024
Europe & Central Asia (IDA & IBRD countries)
302.41 billion current USD
in 2024
Canada rank
16th
Europe & Central Asia (IDA & IBRD countries) rank
18th

Military expenditure over time

  • Canada
  • Europe & Central Asia (IDA & IBRD countries)
0100.0B200.0B300.0B196019922024

How they compare

Europe & Central Asia (IDA & IBRD countries) currently reports 302.41 billion current USD against 29.35 billion current USD in Canada, a difference of 273.06 billion current USD.

That makes Europe & Central Asia (IDA & IBRD countries)'s figure about 10.3 times Canada's.

The two have swapped places 1 time across 33 shared years of data; in 1992 it was Canada ahead.

Canada ranks 16th 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 Canada Europe & Central Asia (IDA & IBRD countries) Difference Ahead
1990s 9.04 billion current USD 24.86 billion current USD 15.82 billion current USD Europe & Central Asia (IDA & IBRD countries)
2000s 13.00 billion current USD 55.73 billion current USD 42.74 billion current USD Europe & Central Asia (IDA & IBRD countries)
2010s 20.06 billion current USD 116.08 billion current USD 96.02 billion current USD Europe & Central Asia (IDA & IBRD countries)
2020s 26.12 billion current USD 193.65 billion current USD 167.53 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, Canada or Europe & Central Asia (IDA & IBRD countries)?
Europe & Central Asia (IDA & IBRD countries), at 302.41 billion current USD against 29.35 billion current USD in Canada as of 2024.
What is the difference in military expenditure between Canada and Europe & Central Asia (IDA & IBRD countries)?
273.06 billion current USD, with Europe & Central Asia (IDA & IBRD countries) ahead.
How many years of comparable data are there for Canada and Europe & Central Asia (IDA & IBRD countries)?
33 years are reported by both, from 1992 to 2024.
How do Canada and Europe & Central Asia (IDA & IBRD countries) rank globally for military expenditure?
Canada ranks 16th 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.

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Canada vs Europe & Central Asia (IDA & IBRD countries): Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 04 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/canada/europe-and-central-asia-ida-and-ibrd-countries/

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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
212 places, 10,618 data points, 1960–2024
Last refreshed

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