Military expenditure (current USD), annual growth rate in Australia
Australia: Military expenditure (current USD), annual growth rate was 4.42 % change on previous year in 2024. ◆ Volatile
Latest (2024)
4.42 % change on previous year
Change on year
up 2,602.8%
World rank
105th
of 164 countries
All-time high
25.32 % change on previous year
in 1966
All-time low
-10.93 % change on previous year
in 1985
Years of data
64
1961–2024
Military expenditure (current USD), annual growth rate in Australia, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for military expenditure (current usd), annual growth rate in Australia is 4.42 % change on previous year, measured in 2024.
That represents a change of up 2,602.8% on the previous year and up 14.5% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Australia peaked at 25.32 % change on previous year in 1966 and was at its lowest, -10.93 % change on previous year, in 1985.
Australia ranks 105th of 164 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 (current USD), annual growth rate in Australia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 2.44 % change on previous year | — |
| 1962 | 3.92 % change on previous year | +61.1% |
| 1963 | 13.04 % change on previous year | +232.4% |
| 1964 | 18.52 % change on previous year | +42.0% |
| 1965 | 20.07 % change on previous year | +8.3% |
| 1966 | 25.32 % change on previous year | +26.2% |
| 1967 | 21.4 % change on previous year | -15.5% |
| 1968 | 10.33 % change on previous year | -51.7% |
| 1969 | -0.5085 % change on previous year | -104.9% |
| 1970 | -2.85 % change on previous year | +461.2% |
| 1971 | 4.26 % change on previous year | -249.2% |
| 1972 | 11.47 % change on previous year | +169.3% |
| 1973 | 25.01 % change on previous year | +118.2% |
| 1974 | 14.63 % change on previous year | -41.5% |
| 1975 | 6.65 % change on previous year | -54.6% |
| 1976 | 7.6 % change on previous year | +14.3% |
| 1977 | 2.43 % change on previous year | -68.0% |
| 1978 | 12.63 % change on previous year | +419.0% |
| 1979 | 10.1 % change on previous year | -20.1% |
| 1980 | 17.97 % change on previous year | +78.0% |
| 1981 | 18.2 % change on previous year | +1.3% |
| 1982 | 3.14 % change on previous year | -82.7% |
| 1983 | 1.17 % change on previous year | -62.8% |
| 1984 | 9.17 % change on previous year | +684.3% |
| 1985 | -10.93 % change on previous year | -219.2% |
| 1986 | 5.01 % change on previous year | -145.8% |
| 1987 | 9.78 % change on previous year | +95.1% |
| 1988 | 15.41 % change on previous year | +57.6% |
| 1989 | 7.94 % change on previous year | -48.4% |
| 1990 | 6.42 % change on previous year | -19.2% |
| 1991 | 4.76 % change on previous year | -25.8% |
| 1992 | -2.01 % change on previous year | -142.3% |
| 1993 | -2.15 % change on previous year | +7.0% |
| 1994 | 10.78 % change on previous year | -600.4% |
| 1995 | 2.76 % change on previous year | -74.4% |
| 1996 | 7 % change on previous year | +153.4% |
| 1997 | -3.24 % change on previous year | -146.3% |
| 1998 | -10.45 % change on previous year | +222.3% |
| 1999 | 9.32 % change on previous year | -189.2% |
| 2000 | -6.39 % change on previous year | -168.5% |
| 2001 | -3.17 % change on previous year | -50.4% |
| 2002 | 12.83 % change on previous year | -504.7% |
| 2003 | 24.91 % change on previous year | +94.2% |
| 2004 | 20.84 % change on previous year | -16.4% |
| 2005 | 10.36 % change on previous year | -50.3% |
| 2006 | 7.57 % change on previous year | -26.9% |
| 2007 | 20.69 % change on previous year | +173.4% |
| 2008 | 8.42 % change on previous year | -59.3% |
| 2009 | 1.75 % change on previous year | -79.2% |
| 2010 | 22.46 % change on previous year | +1179.6% |
| 2011 | 14.56 % change on previous year | -35.2% |
| 2012 | -1.43 % change on previous year | -109.8% |
| 2013 | -5.31 % change on previous year | +270.9% |
| 2014 | 3.86 % change on previous year | -172.7% |
| 2015 | -6.74 % change on previous year | -274.6% |
| 2016 | 9.72 % change on previous year | -244.2% |
| 2017 | 4.96 % change on previous year | -49.0% |
| 2018 | -3.07 % change on previous year | -162.0% |
| 2019 | -2.83 % change on previous year | -7.8% |
| 2020 | 4.68 % change on previous year | -265.3% |
| 2021 | 19.84 % change on previous year | +323.6% |
| 2022 | -0.8338 % change on previous year | -104.2% |
| 2023 | -0.1766 % change on previous year | -78.8% |
| 2024 | 4.42 % change on previous year | -2602.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.73 % change on previous year | -0.5085 % change on previous year | 25.32 % change on previous year | 9 |
| 1970s | 9.19 % change on previous year | -2.85 % change on previous year | 25.01 % change on previous year | 10 |
| 1980s | 7.69 % change on previous year | -10.93 % change on previous year | 18.2 % change on previous year | 10 |
| 1990s | 2.32 % change on previous year | -10.45 % change on previous year | 10.78 % change on previous year | 10 |
| 2000s | 9.78 % change on previous year | -6.39 % change on previous year | 24.91 % change on previous year | 10 |
| 2010s | 3.62 % change on previous year | -6.74 % change on previous year | 22.46 % change on previous year | 10 |
| 2020s | 5.59 % change on previous year | -0.8338 % change on previous year | 19.84 % change on previous year | 5 |
Countries ranked near Australia
- 102 Ireland 4.83 % change on previous year compare
- 103 India 4.66 % change on previous year compare
- 104 Jordan 4.49 % change on previous year compare
- 106 Slovenia 4.27 % change on previous year compare
- 107 Paraguay 4.12 % change on previous year compare
- 108 Yemen 4.01 % change on previous year compare
More public sector data for Australia
- Arms imports 983.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 36.15 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 159.37 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 983.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,244 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0192 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 33.82 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 49.27 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 4,211 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Australia?
- Military expenditure (current usd), annual growth rate in Australia was 4.42 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Australia?
- The highest recorded value was 25.32 % change on previous year in 1966.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Australia?
- The lowest recorded value was -10.93 % change on previous year in 1985.
- How does Australia rank for military expenditure (current usd), annual growth rate?
- Australia ranks 105th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Australia?
- Over the last ten years it is up 14.5%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.