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.

Across the 9 decades both report, Australia averaged higher in 6 and Israel in 3.

Head to head by decade

Decade Australia Israel Difference Ahead
1940s 2.59 billion constant 2022 US$ 488.30 million constant 2022 US$ 2.10 billion constant 2022 US$ Australia
1950s 3.49 billion constant 2022 US$ 586.65 million constant 2022 US$ 2.90 billion constant 2022 US$ Australia
1960s 3.72 billion constant 2022 US$ 2.59 billion constant 2022 US$ 1.13 billion constant 2022 US$ Australia
1970s 8.36 billion constant 2022 US$ 11.63 billion constant 2022 US$ 3.28 billion constant 2022 US$ Israel
1980s 10.72 billion constant 2022 US$ 12.90 billion constant 2022 US$ 2.18 billion constant 2022 US$ Israel
1990s 12.66 billion constant 2022 US$ 13.29 billion constant 2022 US$ 628.72 million constant 2022 US$ Israel
2000s 19.26 billion constant 2022 US$ 15.02 billion constant 2022 US$ 4.24 billion constant 2022 US$ Australia
2010s 30.07 billion constant 2022 US$ 20.96 billion constant 2022 US$ 9.12 billion constant 2022 US$ Australia
2020s 37.87 billion constant 2022 US$ 27.90 billion constant 2022 US$ 9.97 billion constant 2022 US$ Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Australia or Israel?
Australia, at 38.94 billion constant 2022 US$ against 31.61 billion constant 2022 US$ in Israel as of 2023.
What is the difference in military spending between Australia and Israel?
7.33 billion constant 2022 US$, with Australia ahead.
How many years of comparable data are there for Australia and Israel?
76 years are reported by both, from 1948 to 2023.
How do Australia and Israel rank globally for military spending?
Australia ranks 13th and Israel ranks 15th of 172 countries.
Where does this data come from?
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Israel: Military spending. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/australia/israel/

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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.