Military Expenditure in Canada increased to 21352 USD Million in 2018 from 21343 USD Million in 2017.

Military Expenditure in Canada averaged 13603.39 USD Million from 1950 until 2018, reaching an all time high of 21352 USD Million in 2018 and a record low of 3730 USD Million in 1950. Canada Military Expenditure - values, historical data and charts - was last updated on August of 2020. source: SIPRI

Military Expenditure in Canada is expected to reach 21600.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Military Expenditure is projected to trend around 21700.00 USD Million in 2021, according to our econometric models.

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Canada Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
21352.00 21343.00 21352.00 3730.00 1950 - 2018 USD Million Yearly
constant 2016 prices

Canada Government Last Previous Highest Lowest Unit
Government Debt to GDP 89.70 90.10 100.20 44.90 percent [+]
Government Budget -1.50 -0.60 5.10 -8.10 percent of GDP [+]
Government Budget Value -43932.00 -42837.00 5770.00 -43932.00 CAD Million [+]
Government Spending 424726.00 428867.00 428867.00 91244.00 CAD Million [+]
Government Revenues 13763.00 18681.00 32159.00 3384.00 CAD Million [+]
Fiscal Expenditure 56212.00 59422.00 59422.00 5565.00 CAD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 21352.00 21343.00 21352.00 3730.00 USD Million [+]
Government Debt 685.45 671.25 685.45 14.83 CAD Billion [+]
Asylum Applications 5187.00 4133.00 8695.00 661.00 Persons [+]