Australia AU: Military Expenditure
Australia’s AU: 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’s AU: 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’s AU: 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 AU: Military Expenditure from 1960 to 2019 in the chart:
What was Australia's AU: Military Expenditure in 2019?
|37,262.000 2019||35,933.450 2018||410.500 1960||37,262.000 2019||AUD mn||yearly||1960 - 2019|
Related Indicators for Australia AU: Military Expenditure
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.Learn more about what we do
Australia Key Series
Buy Selected Data
|Forecast: GDP PPP Per Capita (PPP Intl $)||60,427.369 2025||yearly||1980 - 2025|
|Forecast: Nominal GDP Per Capita (USD)||64,503.291 2025||yearly||1980 - 2025|
|Forecast: Real GDP Growth (%)||2.542 2025||yearly||1980 - 2025|
|GDP Deflator Growth (%)||0.4 Jun 2020||quarterly||Sep 1960 - Jun 2020|
|GDP per Capita (USD)||52,158.382 2020||yearly||1960 - 2020|
|Gross Fixed Capital Formation (USD mn)||76,602.663 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Gross National Product (GNP) (USD mn)||346,065.655 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Gross Savings Rate (%)||25.4 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Investment: % of GDP (%)||22.1 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Nominal GDP (USD mn)||307,619.3 Jun 2020||quarterly||Sep 1959 - Jun 2020|
|Nominal GDP Growth (%)||-3.860 Sep 2020||quarterly||Sep 1960 - Sep 2020|
|Private Consumption Expenditure (USD mn)||184,557.999 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Private Consumption: % of GDP (%)||53.1 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Public Consumption Expenditure (USD mn)||76,008.822 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Public Consumption: % of GDP (%)||21.5 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Real GDP Growth (%)||-6.3 Jun 2020||quarterly||Sep 1960 - Jun 2020|
|Total Trade of Goods & Services: % of Nominal GDP (%)||38.937 Sep 2020||quarterly||Sep 1959 - Sep 2020|
Check out our pricing options.
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.View pricing options
Instant download of the data related to the indicator on this page including full history in Excel format. Purchase by credit card. View a sample
Entry level access to the CEIC platform for individual users. Download limits apply. Payable monthly by credit card.
Full and unlimited access to CEIC data for multiple users. Suitable for enterprise usage. Available via annual subscription to one or more of CEIC’s global and premium databases.