Australia—Military Spending (% of govt expenditure)
Category: MilitarySource: World Bank World Development Indicators
Latest Value
5.0%
2024
YoY Change
-1.0%
2023 → 2024
Maximum
5.6%
2016
Minimum
4.5%
2013
CAGR
-0.2%
25 years
Last
5.0%
Previous
5.0%
Highest
5.6%
Lowest
4.5%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 5.0% | -1.0% |
| 2023 | 5.0% | -0.1% |
| 2022 | 5.0% | +5.9% |
| 2021 | 4.7% | +4.8% |
| 2020 | 4.5% | -6.5% |
| 2019 | 4.8% | -6.0% |
| 2018 | 5.1% | -5.7% |
| 2017 | 5.5% | -2.8% |
| 2016 | 5.6% | +7.0% |
| 2015 | 5.2% | +8.6% |
| 2014 | 4.8% | +7.0% |
| 2013 | 4.5% | -1.5% |
| 2012 | 4.6% | -5.4% |
| 2011 | 4.8% | -3.7% |
| 2010 | 5.0% | -1.4% |
| 2009 | 5.1% | -0.7% |
| 2008 | 5.1% | -3.0% |
| 2007 | 5.3% | +0.4% |
| 2006 | 5.3% | +1.3% |
| 2005 | 5.2% | -0.7% |
| 2004 | 5.2% | -0.9% |
| 2003 | 5.3% | -1.4% |
| 2002 | 5.4% | +2.3% |
| 2001 | 5.2% | +1.0% |
| 2000 | 5.2% |