Military Expenditure in Australia decreased to 26836 USD Million in 2018 from 27691 USD Million in 2017.

Military Expenditure in Australia averaged 12662.39 USD Million from 1950 until 2018, reaching an all time high of 27741 USD Million in 2016 and a record low of 2974 USD Million in 1950. Australia Military Expenditure - values, historical data and charts - was last updated on July of 2020. source: SIPRI

Military Expenditure in Australia is expected to reach 24404.26 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Military Expenditure is projected to trend around 24301.30 USD Million in 2021 and 25993.31 USD Million in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Australia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
26836.00 27691.00 27741.00 2974.00 1950 - 2018 USD Million Yearly
constant 2017 prices

Australia Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.10 41.50 45.10 9.70 percent [+]
Government Budget -0.20 -0.50 2.20 -4.20 percent of GDP [+]
Government Budget Value -35675.00 -8420.00 14307.00 -35675.00 AUD Million [+]
Government Spending 96125.00 94471.00 96125.00 9505.00 AUD Million [+]
Government Revenues 43870.00 44231.00 53576.00 510.00 AUD Million [+]
Fiscal Expenditure 79545.00 52651.00 79545.00 790.00 AUD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 26836.00 27691.00 27741.00 2974.00 USD Million [+]
Government Debt 424164.00 430211.00 430211.00 -50019.00 AUD Million [+]
Asylum Applications 1724.00 1731.00 5937.00 222.00 Persons [+]