Statizoid

Australia vs Canada: Military spending

Australia
38.94 billion constant 2022 US$
in 2023
Canada
32.57 billion constant 2022 US$
in 2023
Australia rank
13th
Canada rank
14th

Military spending over time

  • Australia
  • Canada
020.0B40.0B60.0B192019712023

How they compare

Australia currently reports 38.94 billion constant 2022 US$ against 32.57 billion constant 2022 US$ in Canada, a difference of 6.38 billion constant 2022 US$.

That makes Australia's figure about 1.2 times Canada's.

The two have swapped places 6 times across 104 shared years of data; in 1920 it was Australia ahead.

Australia ranks 13th and Canada ranks 14th of 172 countries.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.