Australia Military Expenditure

1960 - 2019 | Yearly | AUD mn | World Bank

Australia Military Expenditure data was reported at 37,262.000 AUD mn in 2019. This records an increase from the previous number of 35,933.450 AUD mn for 2018. Australia Military Expenditure data is updated yearly, averaging 8,277.750 AUD mn from Jun 1960 to 2019, with 60 observations. The data reached an all-time high of 37,262.000 AUD mn in 2019 and a record low of 410.500 AUD mn in 1960. Australia Military Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; ; Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

View Australia's Australia Military Expenditure from 1960 to 2019 in the chart:

Australia Australia Military Expenditure

What was Australia's Australia Military Expenditure in 2019?

Last Previous Min Max Unit Frequency Range
37,262.000 2019 35,933.450 2018 410.500 1960 37,262.000 2019 AUD mn yearly 1960 - 2019

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 73,547.969 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 75,393.911 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 2.585 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 8.3 Jun 2022 quarterly Sep 1960 - Jun 2022
GDP per Capita (USD) 65,005.795 2022 yearly 1960 - 2022
Gross Fixed Capital Formation (USD mn) 96,659.494 Jun 2022 quarterly Sep 1959 - Jun 2022
Gross National Product (GNP) (USD mn) 417,637.587 Jun 2022 quarterly Sep 1959 - Jun 2022
Gross Savings Rate (%) 29.5 Jun 2022 quarterly Sep 1959 - Jun 2022
Investment: % of GDP (%) 23.6 Jun 2022 quarterly Sep 1959 - Jun 2022
Nominal GDP (USD mn) 434,919.2 Jun 2022 quarterly Sep 1959 - Jun 2022
Nominal GDP Growth (%) 12.148 Jun 2022 quarterly Sep 1960 - Jun 2022
Private Consumption Expenditure (USD mn) 217,217.898 Jun 2022 quarterly Sep 1959 - Jun 2022
Private Consumption: % of GDP (%) 49.2 Jun 2022 quarterly Sep 1959 - Jun 2022
Public Consumption Expenditure (USD mn) 88,151.505 Jun 2022 quarterly Sep 1959 - Jun 2022
Public Consumption: % of GDP (%) 21.3 Jun 2022 quarterly Sep 1959 - Jun 2022
Real GDP Growth (%) 3.6 Jun 2022 quarterly Sep 1960 - Jun 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 49.370 Jun 2022 quarterly Sep 1959 - Jun 2022
Production Last Frequency Range
Gold Production (kg) 330,000.000 2021 yearly 1990 - 2021
Industrial Production Index Growth (%) 0.4 Jun 2022 quarterly Sep 1975 - Jun 2022
Minerals Production (Metric Ton) 1,337,535,370.000 2020 yearly 2009 - 2020
Motor Vehicle Production (Unit) 5,391.000 2021 yearly 1997 - 2021
Silver Production (Metric Ton) 1,300.000 2021 yearly 1986 - 2021
Fertilizer Consumption (%) 285.140 2020 yearly 1961 - 2020
Agricultural Land (sq km) 3,557,750.000 2020 yearly 1961 - 2020
Aquaculture Production (Metric Ton) 106,088.350 2020 yearly 1960 - 2020
Construction and Properties Last Frequency Range
House Prices Growth (%) 11.7 Jun 2022 quarterly Sep 2004 - Jun 2022
Nominal Residential Property Price Index (2010=100) 184.776 Jun 2022 quarterly Mar 1970 - Jun 2022
Nominal Residential Property Price Index Growth (%) 11.956 Jun 2022 quarterly Mar 1971 - Jun 2022
Real Residential Property Price Index (2010=100) 138.100 Jun 2022 quarterly Mar 1970 - Jun 2022
Real Residential Property Price Index Growth (%) 7.550 Jun 2022 quarterly Mar 1971 - Jun 2022
Building Permits (Unit) 23,162.000 Sep 2022 monthly Jul 2001 - Sep 2022
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.9 Jun 2022 quarterly Jun 2003 - Jun 2022
Forecast: Government Expenditure (AUD bn) 1,062.322 2027 yearly 1988 - 2027
Forecast: Government Net Debt (AUD bn) 1,747.134 2027 yearly 1989 - 2027
Forecast: Government Revenue (AUD bn) 1,042.326 2027 yearly 1988 - 2027
Government Debt: % of GDP (%) 48.0 2021 yearly 1999 - 2021
National Government Debt (USD mn) 743,969.0 2021 yearly 1999 - 2021
Tax Revenue (USD mn) 137,546.536 Jun 2022 quarterly Sep 2002 - Jun 2022
Consolidated Fiscal Balance (USD mn) -6,057.551 Jun 2022 quarterly Sep 2002 - Jun 2022
Tax Revenue: % of GDP (%) 31.4 Jun 2022 quarterly Sep 2002 - Jun 2022
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 13,617,927.223 Oct 2022 monthly Feb 1978 - Oct 2022
Forecast: Employment (Person mn) 13.592 2023 yearly 1980 - 2023
Forecast: Population (Person mn) 27.610 2027 yearly 1980 - 2027
Forecast: Unemployment Rate (%) 4.773 2027 yearly 1980 - 2027
Labour Force Participation Rate (%) 66.3 Oct 2022 monthly Feb 1978 - Oct 2022
Labour Productivity Growth (%) 0.51 Jun 2022 quarterly Jun 1979 - Jun 2022
Monthly Earnings (USD) 3,879 May 2022 semiannually May 2012 - May 2022
Population (Person mn) 25.8 2021 yearly 1950 - 2021
Unemployment Rate (%) 3.39 Oct 2022 monthly Feb 1978 - Oct 2022
Life Expectancy at Birth (Year) 83.200 2020 yearly 1960 - 2020

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