Military expenditure (current USD), per unit of GDP in Australia
Australia: Military expenditure (current USD), per unit of GDP was 0.0192 current USD per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.0192 current USD per US$ of GDP
Change on year
up 3.1%
World rank
69th
of 166 countries
All-time high
0.0403 current USD per US$ of GDP
in 1968
All-time low
0.0157 current USD per US$ of GDP
in 2013
Years of data
65
1960–2024
Military expenditure (current USD), per unit of GDP in Australia, 1960–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
Australia recorded 0.0192 current USD per US$ of GDP for military expenditure (current usd), per unit of gdp in 2024.
Compared with earlier readings it is up 3.1% on the previous year and up 10.1% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Australia peaked at 0.0403 current USD per US$ of GDP in 1968 and was at its lowest, 0.0157 current USD per US$ of GDP, in 2013.
That places Australia 69th out of 166 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 65 years of available data.
Military expenditure (current USD), per unit of GDP in Australia, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0247 current USD per US$ of GDP | — |
| 1961 | 0.0239 current USD per US$ of GDP | -3.2% |
| 1962 | 0.0245 current USD per US$ of GDP | +2.7% |
| 1963 | 0.0256 current USD per US$ of GDP | +4.6% |
| 1964 | 0.0275 current USD per US$ of GDP | +7.3% |
| 1965 | 0.0303 current USD per US$ of GDP | +10.0% |
| 1966 | 0.0361 current USD per US$ of GDP | +19.2% |
| 1967 | 0.0393 current USD per US$ of GDP | +8.9% |
| 1968 | 0.0403 current USD per US$ of GDP | +2.7% |
| 1969 | 0.0358 current USD per US$ of GDP | -11.3% |
| 1970 | 0.0309 current USD per US$ of GDP | -13.8% |
| 1971 | 0.0294 current USD per US$ of GDP | -4.7% |
| 1972 | 0.0285 current USD per US$ of GDP | -3.2% |
| 1973 | 0.029 current USD per US$ of GDP | +1.9% |
| 1974 | 0.0239 current USD per US$ of GDP | -17.7% |
| 1975 | 0.0233 current USD per US$ of GDP | -2.5% |
| 1976 | 0.0232 current USD per US$ of GDP | -0.3% |
| 1977 | 0.0226 current USD per US$ of GDP | -2.5% |
| 1978 | 0.0237 current USD per US$ of GDP | +4.9% |
| 1979 | 0.023 current USD per US$ of GDP | -3.3% |
| 1980 | 0.0244 current USD per US$ of GDP | +6.1% |
| 1981 | 0.0244 current USD per US$ of GDP | +0.2% |
| 1982 | 0.0229 current USD per US$ of GDP | -6.0% |
| 1983 | 0.0254 current USD per US$ of GDP | +10.7% |
| 1984 | 0.0254 current USD per US$ of GDP | +0.0% |
| 1985 | 0.0243 current USD per US$ of GDP | -4.6% |
| 1986 | 0.0252 current USD per US$ of GDP | +4.0% |
| 1987 | 0.0267 current USD per US$ of GDP | +5.7% |
| 1988 | 0.0247 current USD per US$ of GDP | -7.4% |
| 1989 | 0.021 current USD per US$ of GDP | -15.0% |
| 1990 | 0.0215 current USD per US$ of GDP | +2.5% |
| 1991 | 0.0215 current USD per US$ of GDP | +0.1% |
| 1992 | 0.0211 current USD per US$ of GDP | -1.9% |
| 1993 | 0.0215 current USD per US$ of GDP | +2.0% |
| 1994 | 0.0231 current USD per US$ of GDP | +7.1% |
| 1995 | 0.0208 current USD per US$ of GDP | -9.9% |
| 1996 | 0.0204 current USD per US$ of GDP | -1.8% |
| 1997 | 0.0182 current USD per US$ of GDP | -10.9% |
| 1998 | 0.0178 current USD per US$ of GDP | -2.4% |
| 1999 | 0.0199 current USD per US$ of GDP | +12.1% |
| 2000 | 0.0174 current USD per US$ of GDP | -12.4% |
| 2001 | 0.0185 current USD per US$ of GDP | +6.1% |
| 2002 | 0.02 current USD per US$ of GDP | +8.3% |
| 2003 | 0.0212 current USD per US$ of GDP | +5.7% |
| 2004 | 0.0195 current USD per US$ of GDP | -8.0% |
| 2005 | 0.019 current USD per US$ of GDP | -2.5% |
| 2006 | 0.019 current USD per US$ of GDP | -0.0% |
| 2007 | 0.0201 current USD per US$ of GDP | +5.6% |
| 2008 | 0.0176 current USD per US$ of GDP | -12.3% |
| 2009 | 0.0203 current USD per US$ of GDP | +15.6% |
| 2010 | 0.0201 current USD per US$ of GDP | -1.0% |
| 2011 | 0.019 current USD per US$ of GDP | -5.9% |
| 2012 | 0.0169 current USD per US$ of GDP | -10.9% |
| 2013 | 0.0157 current USD per US$ of GDP | -7.2% |
| 2014 | 0.0175 current USD per US$ of GDP | +11.5% |
| 2015 | 0.0177 current USD per US$ of GDP | +1.4% |
| 2016 | 0.0218 current USD per US$ of GDP | +22.9% |
| 2017 | 0.0208 current USD per US$ of GDP | -4.4% |
| 2018 | 0.0187 current USD per US$ of GDP | -10.0% |
| 2019 | 0.0187 current USD per US$ of GDP | -0.4% |
| 2020 | 0.0205 current USD per US$ of GDP | +9.8% |
| 2021 | 0.021 current USD per US$ of GDP | +2.4% |
| 2022 | 0.0191 current USD per US$ of GDP | -8.7% |
| 2023 | 0.0187 current USD per US$ of GDP | -2.4% |
| 2024 | 0.0192 current USD per US$ of GDP | +3.1% |
Australia compared with similar countries
- Australia's 0.0192 current USD per US$ of GDP is below the median for high income countries, which is 0.0201 current USD per US$ of GDP, 96% of the median. (54 countries reporting)
- Australia's 0.0192 current USD per US$ of GDP is above the median for East Asia & Pacific, which is 0.0133 current USD per US$ of GDP, 1.5× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0308 current USD per US$ of GDP | 0.0239 current USD per US$ of GDP | 0.0403 current USD per US$ of GDP | 10 |
| 1970s | 0.0257 current USD per US$ of GDP | 0.0226 current USD per US$ of GDP | 0.0309 current USD per US$ of GDP | 10 |
| 1980s | 0.0244 current USD per US$ of GDP | 0.021 current USD per US$ of GDP | 0.0267 current USD per US$ of GDP | 10 |
| 1990s | 0.0206 current USD per US$ of GDP | 0.0178 current USD per US$ of GDP | 0.0231 current USD per US$ of GDP | 10 |
| 2000s | 0.0193 current USD per US$ of GDP | 0.0174 current USD per US$ of GDP | 0.0212 current USD per US$ of GDP | 10 |
| 2010s | 0.0187 current USD per US$ of GDP | 0.0157 current USD per US$ of GDP | 0.0218 current USD per US$ of GDP | 10 |
| 2020s | 0.0197 current USD per US$ of GDP | 0.0187 current USD per US$ of GDP | 0.021 current USD per US$ of GDP | 5 |
Countries ranked near Australia
- 66 Albania 0.0198 current USD per US$ of GDP compare
- 67 Mozambique 0.0198 current USD per US$ of GDP compare
- 68 Afghanistan 0.0195 current USD per US$ of GDP compare
- 70 Netherlands 0.0191 current USD per US$ of GDP compare
- 71 Belarus 0.019 current USD per US$ of GDP compare
- 72 Germany 0.0189 current USD per US$ of GDP compare
More public sector data for Australia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in Australia?
- Military expenditure (current usd), per unit of gdp in Australia was 0.0192 current USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in Australia?
- The highest recorded value was 0.0403 current USD per US$ of GDP in 1968.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Australia?
- The lowest recorded value was 0.0157 current USD per US$ of GDP in 2013.
- How does Australia rank for military expenditure (current usd), per unit of gdp?
- Australia ranks 69th out of 166 countries with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Australia?
- Over the last ten years it is up 10.1%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.