Military expenditure in Canada
Canada: Military expenditure was 40.21 billion current LCU in 2024. ◆ Volatile
Latest (2024)
40.21 billion current LCU
Change on year
up 9.4%
World rank
91st
of 168 countries
All-time high
40.21 billion current LCU
in 2024
All-time low
1.65 billion current LCU
in 1960
Years of data
65
1960–2024
Military expenditure in Canada, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
The most recent figure for military expenditure in Canada is 40.21 billion current LCU, measured in 2024. That is the highest value across all 65 years on record.
That represents a change of up 9.4% on the previous year and up 103.6% over ten years.
Over the whole period, military expenditure in Canada peaked at 40.21 billion current LCU in 2024 and was at its lowest, 1.65 billion current LCU, in 1960.
Canada ranks 91st of 168 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure in Canada, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 1.65 billion current LCU | — |
| 1961 | 1.70 billion current LCU | +3.0% |
| 1962 | 1.79 billion current LCU | +5.1% |
| 1963 | 1.74 billion current LCU | -2.8% |
| 1964 | 1.79 billion current LCU | +3.0% |
| 1965 | 1.70 billion current LCU | -5.0% |
| 1966 | 1.74 billion current LCU | +2.5% |
| 1967 | 1.92 billion current LCU | +10.1% |
| 1968 | 1.94 billion current LCU | +1.1% |
| 1969 | 1.91 billion current LCU | -1.6% |
| 1970 | 1.97 billion current LCU | +3.6% |
| 1971 | 2.10 billion current LCU | +6.3% |
| 1972 | 2.21 billion current LCU | +5.4% |
| 1973 | 2.36 billion current LCU | +6.9% |
| 1974 | 2.75 billion current LCU | +16.3% |
| 1975 | 3.24 billion current LCU | +17.8% |
| 1976 | 3.53 billion current LCU | +9.2% |
| 1977 | 3.99 billion current LCU | +13.0% |
| 1978 | 4.53 billion current LCU | +13.5% |
| 1979 | 4.78 billion current LCU | +5.7% |
| 1980 | 5.55 billion current LCU | +15.9% |
| 1981 | 6.16 billion current LCU | +11.1% |
| 1982 | 7.42 billion current LCU | +20.4% |
| 1983 | 8.56 billion current LCU | +15.3% |
| 1984 | 9.52 billion current LCU | +11.2% |
| 1985 | 10.19 billion current LCU | +7.0% |
| 1986 | 10.81 billion current LCU | +6.1% |
| 1987 | 11.53 billion current LCU | +6.6% |
| 1988 | 12.18 billion current LCU | +5.7% |
| 1989 | 12.72 billion current LCU | +4.5% |
| 1990 | 13.32 billion current LCU | +4.7% |
| 1991 | 12.99 billion current LCU | -2.5% |
| 1992 | 13.04 billion current LCU | +0.4% |
| 1993 | 13.25 billion current LCU | +1.6% |
| 1994 | 13.08 billion current LCU | -1.3% |
| 1995 | 12.59 billion current LCU | -3.7% |
| 1996 | 11.75 billion current LCU | -6.7% |
| 1997 | 11.00 billion current LCU | -6.4% |
| 1998 | 11.49 billion current LCU | +4.5% |
| 1999 | 12.20 billion current LCU | +6.1% |
| 2000 | 12.33 billion current LCU | +1.0% |
| 2001 | 12.97 billion current LCU | +5.2% |
| 2002 | 13.33 billion current LCU | +2.8% |
| 2003 | 13.95 billion current LCU | +4.7% |
| 2004 | 14.75 billion current LCU | +5.7% |
| 2005 | 15.74 billion current LCU | +6.7% |
| 2006 | 16.80 billion current LCU | +6.7% |
| 2007 | 18.71 billion current LCU | +11.4% |
| 2008 | 20.64 billion current LCU | +10.3% |
| 2009 | 21.65 billion current LCU | +4.9% |
| 2010 | 19.90 billion current LCU | -8.1% |
| 2011 | 21.17 billion current LCU | +6.4% |
| 2012 | 20.44 billion current LCU | -3.5% |
| 2013 | 19.07 billion current LCU | -6.7% |
| 2014 | 19.75 billion current LCU | +3.6% |
| 2015 | 22.94 billion current LCU | +16.2% |
| 2016 | 23.58 billion current LCU | +2.8% |
| 2017 | 28.94 billion current LCU | +22.7% |
| 2018 | 29.46 billion current LCU | +1.8% |
| 2019 | 29.72 billion current LCU | +0.9% |
| 2020 | 30.95 billion current LCU | +4.2% |
| 2021 | 31.80 billion current LCU | +2.7% |
| 2022 | 33.27 billion current LCU | +4.6% |
| 2023 | 36.77 billion current LCU | +10.5% |
| 2024 | 40.21 billion current LCU | +9.4% |
Canada compared with similar countries
- Canada's 40.21 billion current LCU is above the median for high income countries, which is 14.02 billion current LCU, 2.9× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.79 billion current LCU | 1.65 billion current LCU | 1.94 billion current LCU | 10 |
| 1970s | 3.15 billion current LCU | 1.97 billion current LCU | 4.78 billion current LCU | 10 |
| 1980s | 9.46 billion current LCU | 5.55 billion current LCU | 12.72 billion current LCU | 10 |
| 1990s | 12.47 billion current LCU | 11.00 billion current LCU | 13.32 billion current LCU | 10 |
| 2000s | 16.09 billion current LCU | 12.33 billion current LCU | 21.65 billion current LCU | 10 |
| 2010s | 23.50 billion current LCU | 19.07 billion current LCU | 29.72 billion current LCU | 10 |
| 2020s | 34.60 billion current LCU | 30.95 billion current LCU | 40.21 billion current LCU | 5 |
Countries ranked near Canada
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Frequently asked questions
- What is military expenditure in Canada?
- Military expenditure in Canada was 40.21 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Canada?
- The highest recorded value was 40.21 billion current LCU in 2024.
- What is the lowest military expenditure recorded in Canada?
- The lowest recorded value was 1.65 billion current LCU in 1960.
- How does Canada rank for military expenditure?
- Canada ranks 91st out of 168 countries with data for 2024.
- Is military expenditure rising or falling in Canada?
- Over the last ten years it is up 103.6%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Military expenditure in local currency at current prices (by calendar year)