Military spending per military personnel in Australia

Australia: Military spending per military personnel was 637,627 constant 2022 US$ in 2022. ◆ Volatile

Latest (2022)
637,627 constant 2022 US$
Change on year
up 1.5%
World rank
5th
of 170 countries
All-time high
641,973 constant 2022 US$
in 2020
All-time low
20,766 constant 2022 US$
in 1941
Years of data
102
1920–2022

Military spending per military personnel in Australia, 1920–2022

0200.0k400.0k600.0k192019712022

Source: Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2022, military spending per military personnel in Australia stood at 637,627 constant 2022 US$.

The figure is up 1.5% on the previous year and up 22.7% over ten years.

Over the whole period, military spending per military personnel in Australia peaked at 641,973 constant 2022 US$ in 2020 and was at its lowest, 20,766 constant 2022 US$, in 1941.

That places Australia 5th out of 170 countries with data for 2022, putting it in the top 10%.

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

Military spending per military personnel in Australia, year by year

Annual values for Military spending per military personnel in Australia, 1920 to 2022.
Year constant 2022 US$ Change
1920 25,383 constant 2022 US$ —
1921 33,245 constant 2022 US$ +31.0%
1922 48,386 constant 2022 US$ +45.5%
1923 41,601 constant 2022 US$ -14.0%
1924 43,870 constant 2022 US$ +5.5%
1925 47,792 constant 2022 US$ +8.9%
1926 43,822 constant 2022 US$ -8.3%
1927 47,295 constant 2022 US$ +7.9%
1928 43,064 constant 2022 US$ -8.9%
1929 43,380 constant 2022 US$ +0.7%
1930 35,420 constant 2022 US$ -18.4%
1931 32,692 constant 2022 US$ -7.7%
1932 31,525 constant 2022 US$ -3.6%
1933 30,622 constant 2022 US$ -2.9%
1934 31,567 constant 2022 US$ +3.1%
1935 37,282 constant 2022 US$ +18.1%
1936 59,970 constant 2022 US$ +60.9%
1937 70,859 constant 2022 US$ +18.2%
1938 88,800 constant 2022 US$ +25.3%
1939 133,941 constant 2022 US$ +50.8%
1940 37,263 constant 2022 US$ -72.2%
1941 20,766 constant 2022 US$ -44.3%
1943 35,287 constant 2022 US$ +69.9%
1944 34,584 constant 2022 US$ -2.0%
1945 25,810 constant 2022 US$ -25.4%
1946 109,039 constant 2022 US$ +322.5%
1947 52,511 constant 2022 US$ -51.8%
1948 44,543 constant 2022 US$ -15.2%
1949 60,173 constant 2022 US$ +35.1%
1950 44,464 constant 2022 US$ -26.1%
1951 82,520 constant 2022 US$ +85.6%
1952 129,320 constant 2022 US$ +56.7%
1953 70,837 constant 2022 US$ -45.2%
1954 72,582 constant 2022 US$ +2.5%
1955 71,626 constant 2022 US$ -1.3%
1956 75,549 constant 2022 US$ +5.5%
1957 78,221 constant 2022 US$ +3.5%
1958 78,030 constant 2022 US$ -0.2%
1959 70,601 constant 2022 US$ -9.5%
1960 64,016 constant 2022 US$ -9.3%
1961 59,192 constant 2022 US$ -7.5%
1962 50,395 constant 2022 US$ -14.9%
1963 47,575 constant 2022 US$ -5.6%
1964 47,614 constant 2022 US$ +0.1%
1965 52,710 constant 2022 US$ +10.7%
1966 67,900 constant 2022 US$ +28.8%
1967 69,361 constant 2022 US$ +2.2%
1968 74,937 constant 2022 US$ +8.0%
1969 77,834 constant 2022 US$ +3.9%
1970 66,644 constant 2022 US$ -14.4%
1971 77,035 constant 2022 US$ +15.6%
1972 85,448 constant 2022 US$ +10.9%
1973 103,749 constant 2022 US$ +21.4%
1974 135,142 constant 2022 US$ +30.3%
1975 133,244 constant 2022 US$ -1.4%
1976 138,206 constant 2022 US$ +3.7%
1977 133,750 constant 2022 US$ -3.2%
1978 129,191 constant 2022 US$ -3.4%
1979 139,540 constant 2022 US$ +8.0%
1980 144,729 constant 2022 US$ +3.7%
1981 145,429 constant 2022 US$ +0.5%
1982 147,094 constant 2022 US$ +1.1%
1983 142,459 constant 2022 US$ -3.2%
1984 149,632 constant 2022 US$ +5.0%
1985 135,614 constant 2022 US$ -9.4%
1986 154,285 constant 2022 US$ +13.8%
1987 159,896 constant 2022 US$ +3.6%
1988 164,104 constant 2022 US$ +2.6%
1989 162,452 constant 2022 US$ -1.0%
1990 168,423 constant 2022 US$ +3.7%
1991 173,809 constant 2022 US$ +3.2%
1992 187,740 constant 2022 US$ +8.0%
1993 187,539 constant 2022 US$ -0.1%
1994 202,727 constant 2022 US$ +8.1%
1995 202,765 constant 2022 US$ +0.0%
1996 198,632 constant 2022 US$ -2.0%
1997 200,955 constant 2022 US$ +1.2%
1998 199,674 constant 2022 US$ -0.6%
1999 228,176 constant 2022 US$ +14.3%
2000 240,592 constant 2022 US$ +5.4%
2001 239,696 constant 2022 US$ -0.4%
2002 258,045 constant 2022 US$ +7.7%
2003 328,943 constant 2022 US$ +27.5%
2004 379,903 constant 2022 US$ +15.5%
2005 378,410 constant 2022 US$ -0.4%
2006 410,739 constant 2022 US$ +8.5%
2007 472,740 constant 2022 US$ +15.1%
2008 508,893 constant 2022 US$ +7.6%
2009 448,486 constant 2022 US$ -11.9%
2010 483,979 constant 2022 US$ +7.9%
2011 512,504 constant 2022 US$ +5.9%
2012 519,711 constant 2022 US$ +1.4%
2013 501,399 constant 2022 US$ -3.5%
2014 486,676 constant 2022 US$ -2.9%
2015 490,338 constant 2022 US$ +0.8%
2016 506,685 constant 2022 US$ +3.3%
2017 546,606 constant 2022 US$ +7.9%
2018 581,428 constant 2022 US$ +6.4%
2019 640,746 constant 2022 US$ +10.2%
2020 641,973 constant 2022 US$ +0.2%
2021 628,236 constant 2022 US$ -2.1%
2022 637,627 constant 2022 US$ +1.5%

Australia compared with similar countries

  • Australia's 637,627 constant 2022 US$ is above the median for high income countries, which is 182,526 constant 2022 US$, 3.5× the median. (54 countries reporting)
  • Australia's 637,627 constant 2022 US$ is above the median for East Asia & Pacific, which is 28,962 constant 2022 US$, 22.0× the median. (20 countries reporting)

Biggest year-on-year movements

Years where Military spending per military personnel 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
1946 +322.5% 25,810 constant 2022 US$ 109,039 constant 2022 US$
1951 +85.6% 44,464 constant 2022 US$ 82,520 constant 2022 US$
1940 -72.2% 133,941 constant 2022 US$ 37,263 constant 2022 US$
1943 +69.9% 20,766 constant 2022 US$ 35,287 constant 2022 US$
1936 +60.9% 37,282 constant 2022 US$ 59,970 constant 2022 US$
1947 -51.8% 109,039 constant 2022 US$ 52,511 constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1920s 41,784 constant 2022 US$ 25,383 constant 2022 US$ 48,386 constant 2022 US$ 10
1930s 55,268 constant 2022 US$ 30,622 constant 2022 US$ 133,941 constant 2022 US$ 10
1940s 46,664 constant 2022 US$ 20,766 constant 2022 US$ 109,039 constant 2022 US$ 9
1950s 77,375 constant 2022 US$ 44,464 constant 2022 US$ 129,320 constant 2022 US$ 10
1960s 61,153 constant 2022 US$ 47,575 constant 2022 US$ 77,834 constant 2022 US$ 10
1970s 114,195 constant 2022 US$ 66,644 constant 2022 US$ 139,540 constant 2022 US$ 10
1980s 150,569 constant 2022 US$ 135,614 constant 2022 US$ 164,104 constant 2022 US$ 10
1990s 195,044 constant 2022 US$ 168,423 constant 2022 US$ 228,176 constant 2022 US$ 10
2000s 366,645 constant 2022 US$ 239,696 constant 2022 US$ 508,893 constant 2022 US$ 10
2010s 527,007 constant 2022 US$ 483,979 constant 2022 US$ 640,746 constant 2022 US$ 10
2020s 635,945 constant 2022 US$ 628,236 constant 2022 US$ 641,973 constant 2022 US$ 3

Countries ranked near Australia

  1. 2 United States 762,321 constant 2022 US$ compare
  2. 3 Libya 677,720 constant 2022 US$ compare
  3. 4 Sweden 638,754 constant 2022 US$ compare
  4. 6 United Kingdom 535,686 constant 2022 US$ compare
  5. 7 Luxembourg 525,476 constant 2022 US$ compare
  6. 8 Kuwait 525,210 constant 2022 US$ compare

See the full ranking of 170 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is military spending per military personnel in Australia?
Military spending per military personnel in Australia was 637,627 constant 2022 US$ in 2022, according to Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data.
What is the highest military spending per military personnel recorded in Australia?
The highest recorded value was 641,973 constant 2022 US$ in 2020.
What is the lowest military spending per military personnel recorded in Australia?
The lowest recorded value was 20,766 constant 2022 US$ in 1941.
How does Australia rank for military spending per military personnel?
Australia ranks 5th out of 170 countries with data for 2022.
Is military spending per military personnel rising or falling in Australia?
Over the last ten years it is up 22.7%. The long-run trend across the full record is volatile.
Where does this Australia data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data, published as part of Military spending per military personnel. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 102 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Military spending per military personnel in Australia. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data. Retrieved 28 September 2026, from https://reference.statizoid.com/stat/military-spending-per-military-personnel/australia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/military-spending-per-military-personnel/australia/">Military spending per military personnel in Australia</a> — Statizoid

About this data

Indicator
Military spending per military personnel
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
170 places, 14,182 data points, 1816–2022
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.