Australia Military Expenditure
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:
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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