Military spending, gaps filled in Australia

Australia: Military spending, gaps filled was 35.26 billion constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
35.26 billion constant 2024 US$
Change on year
up 3.0%
World rank
17th
of 162 countries
All-time high
35.26 billion constant 2024 US$
in 2025
All-time low
3.19 billion constant 2024 US$
in 1950
Years of data
76
1950–2025

Military spending, gaps filled in Australia, 1950–2025

010.0B20.0B30.0B40.0B195019872025

Source: Statizoid (derived). Measured in constant 2024 US$.

Analysis

Australia recorded 35.26 billion constant 2024 US$ for military spending, gaps filled in 2025. That is the highest value across all 76 years on record.

The figure is up 3.0% on the previous year and up 29.6% over ten years.

Over the whole period, military spending, gaps filled in Australia peaked at 35.26 billion constant 2024 US$ in 2025 and was at its lowest, 3.19 billion constant 2024 US$, in 1950.

Australia ranks 17th of 162 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, gaps filled in Australia, year by year

Annual values for Military spending, gaps filled in Australia, 1950 to 2025.
Year constant 2024 US$ Change
1950 3.19 billion constant 2024 US$
1951 4.59 billion constant 2024 US$ +43.6%
1952 5.86 billion constant 2024 US$ +27.7%
1953 5.90 billion constant 2024 US$ +0.7%
1954 5.29 billion constant 2024 US$ -10.3%
1955 5.37 billion constant 2024 US$ +1.6%
1956 5.20 billion constant 2024 US$ -3.1%
1957 5.00 billion constant 2024 US$ -4.0%
1958 4.95 billion constant 2024 US$ -0.9%
1959 4.98 billion constant 2024 US$ +0.6%
1960 4.90 billion constant 2024 US$ -1.6%
1961 4.89 billion constant 2024 US$ -0.1%
1962 5.10 billion constant 2024 US$ +4.2%
1963 5.73 billion constant 2024 US$ +12.4%
1964 6.64 billion constant 2024 US$ +15.8%
1965 7.67 billion constant 2024 US$ +15.5%
1966 9.33 billion constant 2024 US$ +21.7%
1967 10.98 billion constant 2024 US$ +17.6%
1968 11.80 billion constant 2024 US$ +7.5%
1969 11.41 billion constant 2024 US$ -3.3%
1970 10.66 billion constant 2024 US$ -6.5%
1971 10.36 billion constant 2024 US$ -2.8%
1972 10.37 billion constant 2024 US$ +0.0%
1973 9.93 billion constant 2024 US$ -4.2%
1974 9.79 billion constant 2024 US$ -1.4%
1975 9.95 billion constant 2024 US$ +1.6%
1976 10.11 billion constant 2024 US$ +1.5%
1977 10.16 billion constant 2024 US$ +0.5%
1978 10.27 billion constant 2024 US$ +1.1%
1979 10.61 billion constant 2024 US$ +3.3%
1980 11.16 billion constant 2024 US$ +5.2%
1981 11.92 billion constant 2024 US$ +6.8%
1982 12.53 billion constant 2024 US$ +5.1%
1983 12.96 billion constant 2024 US$ +3.4%
1984 13.97 billion constant 2024 US$ +7.8%
1985 14.65 billion constant 2024 US$ +4.9%
1986 14.74 billion constant 2024 US$ +0.6%
1987 14.24 billion constant 2024 US$ -3.4%
1988 13.73 billion constant 2024 US$ -3.5%
1989 13.62 billion constant 2024 US$ -0.8%
1990 13.68 billion constant 2024 US$ +0.5%
1991 13.92 billion constant 2024 US$ +1.7%
1992 14.32 billion constant 2024 US$ +2.9%
1993 14.86 billion constant 2024 US$ +3.8%
1994 15.03 billion constant 2024 US$ +1.1%
1995 14.56 billion constant 2024 US$ -3.1%
1996 14.38 billion constant 2024 US$ -1.2%
1997 14.64 billion constant 2024 US$ +1.8%
1998 15.36 billion constant 2024 US$ +4.9%
1999 16.11 billion constant 2024 US$ +4.9%
2000 16.06 billion constant 2024 US$ -0.3%
2001 16.70 billion constant 2024 US$ +4.0%
2002 17.42 billion constant 2024 US$ +4.3%
2003 17.74 billion constant 2024 US$ +1.9%
2004 18.47 billion constant 2024 US$ +4.1%
2005 19.12 billion constant 2024 US$ +3.5%
2006 20.14 billion constant 2024 US$ +5.3%
2007 21.38 billion constant 2024 US$ +6.1%
2008 22.16 billion constant 2024 US$ +3.6%
2009 23.83 billion constant 2024 US$ +7.5%
2010 24.10 billion constant 2024 US$ +1.2%
2011 23.77 billion constant 2024 US$ -1.4%
2012 22.94 billion constant 2024 US$ -3.5%
2013 22.74 billion constant 2024 US$ -0.9%
2014 24.68 billion constant 2024 US$ +8.5%
2015 27.20 billion constant 2024 US$ +10.2%
2016 29.79 billion constant 2024 US$ +9.5%
2017 29.73 billion constant 2024 US$ -0.2%
2018 29.02 billion constant 2024 US$ -2.4%
2019 29.81 billion constant 2024 US$ +2.7%
2020 31.27 billion constant 2024 US$ +4.9%
2021 33.39 billion constant 2024 US$ +6.8%
2022 33.63 billion constant 2024 US$ +0.7%
2023 33.24 billion constant 2024 US$ -1.1%
2024 34.23 billion constant 2024 US$ +3.0%
2025 35.26 billion constant 2024 US$ +3.0%

Australia compared with similar countries

  • Australia's 35.26 billion constant 2024 US$ is above the median for high income countries, which is 6.82 billion constant 2024 US$, 5.2× the median. (54 countries reporting)
  • Australia's 35.26 billion constant 2024 US$ is above the median for East Asia & Pacific, which is 4.65 billion constant 2024 US$, 7.6× the median. (19 countries reporting)

Biggest year-on-year movements

Years where Military spending, gaps filled in Australia 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
1951 +43.6% 3.19 billion constant 2024 US$ 4.59 billion constant 2024 US$

Averages by decade

DecadeAverage LowestHighest Years
1950s 5.03 billion constant 2024 US$ 3.19 billion constant 2024 US$ 5.90 billion constant 2024 US$ 10
1960s 7.85 billion constant 2024 US$ 4.89 billion constant 2024 US$ 11.80 billion constant 2024 US$ 10
1970s 10.22 billion constant 2024 US$ 9.79 billion constant 2024 US$ 10.66 billion constant 2024 US$ 10
1980s 13.35 billion constant 2024 US$ 11.16 billion constant 2024 US$ 14.74 billion constant 2024 US$ 10
1990s 14.69 billion constant 2024 US$ 13.68 billion constant 2024 US$ 16.11 billion constant 2024 US$ 10
2000s 19.30 billion constant 2024 US$ 16.06 billion constant 2024 US$ 23.83 billion constant 2024 US$ 10
2010s 26.38 billion constant 2024 US$ 22.74 billion constant 2024 US$ 29.81 billion constant 2024 US$ 10
2020s 33.50 billion constant 2024 US$ 31.27 billion constant 2024 US$ 35.26 billion constant 2024 US$ 6

Countries ranked near Australia

  1. 14 Poland 42.53 billion constant 2024 US$ compare
  2. 15 Spain 37.69 billion constant 2024 US$ compare
  3. 16 Canada 37.53 billion constant 2024 US$ compare
  4. 18 United Arab Emirates 27.81 billion constant 2024 US$ compare
  5. 19 Netherlands 27.00 billion constant 2024 US$ compare
  6. 20 Turkey 26.81 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is military spending, gaps filled in Australia?
Military spending, gaps filled in Australia was 35.26 billion constant 2024 US$ in 2025, according to Statizoid (derived).
What is the highest military spending, gaps filled recorded in Australia?
The highest recorded value was 35.26 billion constant 2024 US$ in 2025.
What is the lowest military spending, gaps filled recorded in Australia?
The lowest recorded value was 3.19 billion constant 2024 US$ in 1950.
How does Australia rank for military spending, gaps filled?
Australia ranks 17th out of 162 countries with data for 2025.
Is military spending, gaps filled rising or falling in Australia?
Over the last ten years it is up 29.6%. The long-run trend across the full record is volatile.
Where does this Australia data come from?
The figures come from Statizoid (derived), published as part of Military spending, gaps filled. Statizoid updates them automatically from the source API.

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Military spending, gaps filled in Australia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-gaps-filled/australia/

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How this figure is calculated

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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, gaps filled
Unit
constant 2024 US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
162 places, 8,449 data points, 1949–2025
Last refreshed

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.