Military spending, per unit of GDP in Australia

Australia: Military spending, per unit of GDP was 0.0225 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.0225 constant 2022 US$ per US$ of GDP
Change on year
down 0.5%
World rank
56th
of 170 countries
All-time high
0.183 constant 2022 US$ per US$ of GDP
in 1968
All-time low
0.018 constant 2022 US$ per US$ of GDP
in 2013
Years of data
64
1960–2023

Military spending, per unit of GDP in Australia, 1960–2023

00.050.10.150.2196019912023

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

The most recent figure for military spending, per unit of gdp in Australia is 0.0225 constant 2022 US$ per US$ of GDP, measured in 2023.

Compared with earlier readings it is down 0.5% on the previous year and up 24.4% over ten years.

Over the whole period, military spending, per unit of gdp in Australia peaked at 0.183 constant 2022 US$ per US$ of GDP in 1968 and was at its lowest, 0.018 constant 2022 US$ per US$ of GDP, in 2013.

Australia ranks 56th of 170 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, per unit of GDP in Australia, year by year

Annual values for Military spending, per unit of GDP in Australia, 1960 to 2023.
Year constant 2022 US$ per US$ of GDP Change
1960 0.1615 constant 2022 US$ per US$ of GDP
1961 0.1381 constant 2022 US$ per US$ of GDP -14.4%
1962 0.1238 constant 2022 US$ per US$ of GDP -10.4%
1963 0.1081 constant 2022 US$ per US$ of GDP -12.7%
1964 0.1059 constant 2022 US$ per US$ of GDP -2.0%
1965 0.1074 constant 2022 US$ per US$ of GDP +1.4%
1966 0.1465 constant 2022 US$ per US$ of GDP +36.4%
1967 0.1638 constant 2022 US$ per US$ of GDP +11.8%
1968 0.183 constant 2022 US$ per US$ of GDP +11.7%
1969 0.1737 constant 2022 US$ per US$ of GDP -5.1%
1970 0.1385 constant 2022 US$ per US$ of GDP -20.3%
1971 0.1463 constant 2022 US$ per US$ of GDP +5.7%
1972 0.141 constant 2022 US$ per US$ of GDP -3.6%
1973 0.1152 constant 2022 US$ per US$ of GDP -18.3%
1974 0.1032 constant 2022 US$ per US$ of GDP -10.5%
1975 0.0957 constant 2022 US$ per US$ of GDP -7.2%
1976 0.0933 constant 2022 US$ per US$ of GDP -2.6%
1977 0.0847 constant 2022 US$ per US$ of GDP -9.2%
1978 0.0762 constant 2022 US$ per US$ of GDP -10.0%
1979 0.0723 constant 2022 US$ per US$ of GDP -5.1%
1980 0.0684 constant 2022 US$ per US$ of GDP -5.4%
1981 0.0591 constant 2022 US$ per US$ of GDP -13.6%
1982 0.0553 constant 2022 US$ per US$ of GDP -6.5%
1983 0.0586 constant 2022 US$ per US$ of GDP +6.0%
1984 0.0548 constant 2022 US$ per US$ of GDP -6.4%
1985 0.0525 constant 2022 US$ per US$ of GDP -4.3%
1986 0.06 constant 2022 US$ per US$ of GDP +14.2%
1987 0.059 constant 2022 US$ per US$ of GDP -1.6%
1988 0.0493 constant 2022 US$ per US$ of GDP -16.5%
1989 0.0379 constant 2022 US$ per US$ of GDP -23.1%
1990 0.0367 constant 2022 US$ per US$ of GDP -3.0%
1991 0.0362 constant 2022 US$ per US$ of GDP -1.4%
1992 0.0392 constant 2022 US$ per US$ of GDP +8.2%
1993 0.0408 constant 2022 US$ per US$ of GDP +4.2%
1994 0.0408 constant 2022 US$ per US$ of GDP -0.1%
1995 0.0357 constant 2022 US$ per US$ of GDP -12.3%
1996 0.0321 constant 2022 US$ per US$ of GDP -10.1%
1997 0.0299 constant 2022 US$ per US$ of GDP -6.8%
1998 0.0324 constant 2022 US$ per US$ of GDP +8.3%
1999 0.0321 constant 2022 US$ per US$ of GDP -0.8%
2000 0.0294 constant 2022 US$ per US$ of GDP -8.5%
2001 0.0321 constant 2022 US$ per US$ of GDP +9.2%
2002 0.0332 constant 2022 US$ per US$ of GDP +3.3%
2003 0.0379 constant 2022 US$ per US$ of GDP +14.2%
2004 0.0327 constant 2022 US$ per US$ of GDP -13.7%
2005 0.0288 constant 2022 US$ per US$ of GDP -12.0%
2006 0.029 constant 2022 US$ per US$ of GDP +0.9%
2007 0.0287 constant 2022 US$ per US$ of GDP -1.2%
2008 0.0245 constant 2022 US$ per US$ of GDP -14.6%
2009 0.0265 constant 2022 US$ per US$ of GDP +8.0%
2010 0.0231 constant 2022 US$ per US$ of GDP -12.8%
2011 0.0208 constant 2022 US$ per US$ of GDP -9.8%
2012 0.0191 constant 2022 US$ per US$ of GDP -8.4%
2013 0.018 constant 2022 US$ per US$ of GDP -5.4%
2014 0.0185 constant 2022 US$ per US$ of GDP +2.4%
2015 0.0206 constant 2022 US$ per US$ of GDP +11.5%
2016 0.0238 constant 2022 US$ per US$ of GDP +15.7%
2017 0.0238 constant 2022 US$ per US$ of GDP -0.1%
2018 0.0235 constant 2022 US$ per US$ of GDP -1.2%
2019 0.0266 constant 2022 US$ per US$ of GDP +12.9%
2020 0.0274 constant 2022 US$ per US$ of GDP +3.3%
2021 0.0242 constant 2022 US$ per US$ of GDP -12.0%
2022 0.0226 constant 2022 US$ per US$ of GDP -6.6%
2023 0.0225 constant 2022 US$ per US$ of GDP -0.5%

Australia compared with similar countries

  • Australia's 0.0225 constant 2022 US$ per US$ of GDP is above the median for high income countries, which is 0.0189 constant 2022 US$ per US$ of GDP, 1.2× the median. (55 countries reporting)
  • Australia's 0.0225 constant 2022 US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.016 constant 2022 US$ per US$ of GDP, 1.4× the median. (19 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.1412 constant 2022 US$ per US$ of GDP 0.1059 constant 2022 US$ per US$ of GDP 0.183 constant 2022 US$ per US$ of GDP 10
1970s 0.1066 constant 2022 US$ per US$ of GDP 0.0723 constant 2022 US$ per US$ of GDP 0.1463 constant 2022 US$ per US$ of GDP 10
1980s 0.0555 constant 2022 US$ per US$ of GDP 0.0379 constant 2022 US$ per US$ of GDP 0.0684 constant 2022 US$ per US$ of GDP 10
1990s 0.0356 constant 2022 US$ per US$ of GDP 0.0299 constant 2022 US$ per US$ of GDP 0.0408 constant 2022 US$ per US$ of GDP 10
2000s 0.0303 constant 2022 US$ per US$ of GDP 0.0245 constant 2022 US$ per US$ of GDP 0.0379 constant 2022 US$ per US$ of GDP 10
2010s 0.0218 constant 2022 US$ per US$ of GDP 0.018 constant 2022 US$ per US$ of GDP 0.0266 constant 2022 US$ per US$ of GDP 10
2020s 0.0242 constant 2022 US$ per US$ of GDP 0.0225 constant 2022 US$ per US$ of GDP 0.0274 constant 2022 US$ per US$ of GDP 4

Countries ranked near Australia

  1. 53 Iran 0.0228 constant 2022 US$ per US$ of GDP compare
  2. 54 Finland 0.0228 constant 2022 US$ per US$ of GDP compare
  3. 55 Guinea 0.0227 constant 2022 US$ per US$ of GDP compare
  4. 57 Serbia 0.0224 constant 2022 US$ per US$ of GDP compare
  5. 58 Chad 0.0224 constant 2022 US$ per US$ of GDP compare
  6. 59 Lesotho 0.021 constant 2022 US$ per US$ of GDP 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 unit of gdp in Australia?
Military spending, per unit of gdp in Australia was 0.0225 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Australia?
The highest recorded value was 0.183 constant 2022 US$ per US$ of GDP in 1968.
What is the lowest military spending, per unit of gdp recorded in Australia?
The lowest recorded value was 0.018 constant 2022 US$ per US$ of GDP in 2013.
How does Australia rank for military spending, per unit of gdp?
Australia ranks 56th out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Australia?
Over the last ten years it is up 24.4%. 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, per unit of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

Military spending, per unit of GDP in Australia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/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 Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/australia/">Military spending, per unit of GDP in Australia</a> — Statizoid

How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

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, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.