Australia: Military expenditure (% of GDP)
In , Australia's Military expenditure (% of GDP) was 1.88.
That's up 1.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Australia ranks #65 globally out of 147 reporting countries. Within East Asia & Pacific, it ranks #6 of 17.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 2.09
- Trough
- 1.64
- 1-year change
- +1.2%
- 5-year change
- +0.2%
- +0.0% / yr
- 10-year change
- +6.3%
- +0.6% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 1.8838 | |
| 1.8616 | |
| 1.8833 | |
| 1.9785 | |
| 2.0074 | |
| 1.8800 | |
| 1.8956 | |
| 2.0051 | |
| 2.0896 | |
| 1.9523 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was Australia's Military expenditure (% of GDP) in 2024?
- In 2024, Australia's Military expenditure (% of GDP) was 1.88, according to World Bank Open Data.
- Is Australia's Military expenditure (% of GDP) rising or falling?
- Australia's Military expenditure (% of GDP) rose 1.2% from 2023 to 2024.
- How does Australia rank globally on Military expenditure (% of GDP)?
- In 2024, Australia ranked #65 out of 147 countries reporting Military expenditure (% of GDP).
- How does Australia's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Australia is below the world average. Within East Asia & Pacific, it ranks #6 of 17.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.