Military spending, annual growth rate in Canada

Canada: Military spending, annual growth rate was 8.24 % change on previous year in 2023. ◆ Volatile

Latest (2023)
8.24 % change on previous year
Change on year
up 825.0%
World rank
54th
of 172 countries
All-time high
500.31 % change on previous year
in 1940
All-time low
-80.01 % change on previous year
in 1947
Years of data
103
1921–2023

Military spending, annual growth rate in Canada, 1921–2023

0200400600192119722023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for military spending, annual growth rate in Canada is 8.24 % change on previous year, measured in 2023.

Compared with earlier readings it is up 825.0% on the previous year and up 242.1% over ten years.

Over the whole period, military spending, annual growth rate in Canada peaked at 500.31 % change on previous year in 1940 and was at its lowest, -80.01 % change on previous year, in 1947.

Canada ranks 54th of 172 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 spending, annual growth rate in Canada, year by year

Annual values for Military spending, annual growth rate in Canada, 1921 to 2023.
Year % change on previous year Change
1921 16.39 % change on previous year
1922 7.74 % change on previous year -52.8%
1923 7.99 % change on previous year +3.2%
1924 -4.07 % change on previous year -151.0%
1925 20.33 % change on previous year -599.5%
1926 5.41 % change on previous year -73.4%
1927 19.25 % change on previous year +256.1%
1928 8.49 % change on previous year -55.9%
1929 5.37 % change on previous year -36.8%
1930 2.98 % change on previous year -44.5%
1931 -2.12 % change on previous year -171.1%
1932 -2.03 % change on previous year -4.1%
1933 -4.05 % change on previous year +99.5%
1934 26.57 % change on previous year -755.2%
1935 18.72 % change on previous year -29.6%
1936 5.4 % change on previous year -71.2%
1937 14.97 % change on previous year +177.4%
1938 14.94 % change on previous year -0.2%
1939 269.16 % change on previous year +1701.5%
1940 500.31 % change on previous year +85.9%
1941 37.73 % change on previous year -92.5%
1942 105.84 % change on previous year +180.5%
1943 60.33 % change on previous year -43.0%
1944 -11.96 % change on previous year -119.8%
1945 -42.98 % change on previous year +259.5%
1946 -30.8 % change on previous year -28.3%
1947 -80.01 % change on previous year +159.8%
1948 -29.89 % change on previous year -62.6%
1949 33.25 % change on previous year -211.2%
1950 18.36 % change on previous year -44.8%
1951 93.43 % change on previous year +409.0%
1952 81.17 % change on previous year -13.1%
1953 6.62 % change on previous year -91.8%
1954 -1.54 % change on previous year -123.3%
1955 -11.34 % change on previous year +635.6%
1956 4.24 % change on previous year -137.4%
1957 0.941 % change on previous year -77.8%
1958 -7.53 % change on previous year -900.6%
1959 -12.53 % change on previous year +66.3%
1960 -6.97 % change on previous year -44.3%
1961 8.64 % change on previous year -223.9%
1962 1.14 % change on previous year -86.9%
1963 -2.77 % change on previous year -344.3%
1964 1.48 % change on previous year -153.5%
1965 -4.34 % change on previous year -392.1%
1966 0.6311 % change on previous year -114.6%
1967 4.92 % change on previous year +679.1%
1968 -0.3258 % change on previous year -106.6%
1969 -4.42 % change on previous year +1257.4%
1970 4.15 % change on previous year -193.9%
1971 2.69 % change on previous year -35.2%
1972 -0.0428 % change on previous year -101.6%
1973 -2.11 % change on previous year +4827.6%
1974 3.58 % change on previous year -269.6%
1975 -1.83 % change on previous year -151.1%
1976 9.4 % change on previous year -614.2%
1977 -1.38 % change on previous year -114.7%
1978 -2.35 % change on previous year +69.9%
1979 0.5925 % change on previous year -125.3%
1980 -2.95 % change on previous year -598.4%
1981 2.48 % change on previous year -184.0%
1982 18.42 % change on previous year +642.7%
1983 2.93 % change on previous year -84.1%
1984 5.43 % change on previous year +85.3%
1985 8.9 % change on previous year +63.9%
1986 4.66 % change on previous year -47.6%
1987 1.72 % change on previous year -63.2%
1988 0.7499 % change on previous year -56.3%
1989 2.16 % change on previous year +188.4%
1990 -1.21 % change on previous year -156.1%
1991 -0.7275 % change on previous year -40.0%
1992 2.12 % change on previous year -391.5%
1993 -9.24 % change on previous year -535.9%
1994 -4.18 % change on previous year -54.8%
1995 -5.05 % change on previous year +20.9%
1996 -7.84 % change on previous year +55.1%
1997 -6.11 % change on previous year -22.1%
1998 -1.71 % change on previous year -72.0%
1999 -3.17 % change on previous year +85.5%
2000 3.88 % change on previous year -222.2%
2001 11.29 % change on previous year +191.3%
2002 18.6 % change on previous year +64.7%
2003 -9.84 % change on previous year -152.9%
2004 6.52 % change on previous year -166.2%
2005 2.19 % change on previous year -66.4%
2006 10.84 % change on previous year +394.5%
2007 13.85 % change on previous year +27.8%
2008 3.87 % change on previous year -72.1%
2009 1.84 % change on previous year -52.5%
2010 -4.18 % change on previous year -327.7%
2011 -0.5304 % change on previous year -87.3%
2012 -5.29 % change on previous year +897.7%
2013 -5.8 % change on previous year +9.6%
2014 -7.01 % change on previous year +20.9%
2015 2.05 % change on previous year -129.2%
2016 -3.87 % change on previous year -289.4%
2017 25.06 % change on previous year -746.8%
2018 7.52 % change on previous year -70.0%
2019 6.02 % change on previous year -20.0%
2020 8.9 % change on previous year +47.7%
2021 5.67 % change on previous year -36.3%
2022 0.8906 % change on previous year -84.3%
2023 8.24 % change on previous year +825.0%

Canada compared with similar countries

  • Canada's 8.24 % change on previous year is above the median for high income countries, which is 5.57 % change on previous year, 1.5× the median. (55 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Canada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1973 -4827.6% -0.0428 % change on previous year -2.11 % change on previous year
1939 +1701.5% 14.94 % change on previous year 269.16 % change on previous year
1969 -1257.4% -0.3258 % change on previous year -4.42 % change on previous year
1958 -900.6% 0.941 % change on previous year -7.53 % change on previous year
2012 -897.7% -0.5304 % change on previous year -5.29 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1920s 9.65 % change on previous year -4.07 % change on previous year 20.33 % change on previous year 9
1930s 34.45 % change on previous year -4.05 % change on previous year 269.16 % change on previous year 10
1940s 54.18 % change on previous year -80.01 % change on previous year 500.31 % change on previous year 10
1950s 17.18 % change on previous year -12.53 % change on previous year 93.43 % change on previous year 10
1960s -0.2022 % change on previous year -6.97 % change on previous year 8.64 % change on previous year 10
1970s 1.27 % change on previous year -2.35 % change on previous year 9.4 % change on previous year 10
1980s 4.45 % change on previous year -2.95 % change on previous year 18.42 % change on previous year 10
1990s -3.71 % change on previous year -9.24 % change on previous year 2.12 % change on previous year 10
2000s 6.3 % change on previous year -9.84 % change on previous year 18.6 % change on previous year 10
2010s 1.4 % change on previous year -7.01 % change on previous year 25.06 % change on previous year 10
2020s 5.92 % change on previous year 0.8906 % change on previous year 8.9 % change on previous year 4

Countries ranked near Canada

  1. 51 Yemen 8.41 % change on previous year compare
  2. 52 East Timor 8.41 % change on previous year compare
  3. 53 Mexico 8.3 % change on previous year compare
  4. 55 Central African Republic 8.2 % change on previous year compare
  5. 56 Guyana 8.09 % change on previous year compare
  6. 57 Rwanda 7.99 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is military spending, annual growth rate in Canada?
Military spending, annual growth rate in Canada was 8.24 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Canada?
The highest recorded value was 500.31 % change on previous year in 1940.
What is the lowest military spending, annual growth rate recorded in Canada?
The lowest recorded value was -80.01 % change on previous year in 1947.
How does Canada rank for military spending, annual growth rate?
Canada ranks 54th out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Canada?
Over the last ten years it is up 242.1%. The long-run trend across the full record is volatile.
Where does this Canada data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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Military spending, annual growth rate in Canada. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/canada/

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How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.