Australia - Military Expenditure
Since 2014, Australia Military Expenditure grew 0.1% year on year. With $25,912,378,303.2 in 2019, the country was ranked number 13 among other countries in Military Expenditure. Australia is overtaken by Italy, which was number 12 with $26,790,436,632.33 and is followed by United Arab Emirates with $22,755,071,477.2. United States lead the ranking with $731,751,400,000 in 2019, +7.2% compared to 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria recorded the best 5 years average growth at +23.3% per year, while Venezuela witnessed the worst performance at -55.3% per year.
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Date | US Dollars |
---|---|
2019 | 25,912,378,303.20 |
2018 | 26,839,820,914.40 |
2017 | 27,691,112,416.85 |
2016 | 26,382,947,050.02 |
2015 | 24,046,205,860.26 |
Download all data from 1960 to 2019
How does Australia rank in Military Expenditure?
# | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
12 |
#12
Italy
|
26,790,436,632.33 | 2019 | -3.7 % | -0.7 % | View data | |
13 |
#13
Australia
|
25,912,378,303.20 | 2019 | -3.5 % | +0.1 % | View data | |
14 |
#14
United Arab Emirates
|
22,755,071,477.20 | 2014 | -3.4 % | +10.5 % | View data |