Australia vs Israel: Military spending

Australia
38.94 billion constant 2022 US$
in 2023
Israel
31.61 billion constant 2022 US$
in 2023
Australia rank
13th
Israel rank
15th

Military spending over time

  • Australia
  • Israel
010.0B20.0B30.0B40.0B192019712023

How they compare

Australia currently reports 38.94 billion constant 2022 US$ against 31.61 billion constant 2022 US$ in Israel, a difference of 7.33 billion constant 2022 US$.

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

The two have swapped places 4 times across 76 shared years of data; in 1948 it was Australia ahead.

Australia ranks 13th and Israel ranks 15th 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.