Military Expenditure (Local Currency) in Australia

Military expenditure in local currency reached AUD 46.6 bil in 2022 in Australia, according to the SIPRI Military Expenditure Database. This is 6.84% more than in the previous year.

Historically, military expenditure in local currency in Australia reached an all time high of AUD 46.6 bil in 2022 and an all time low of AUD 0.153 bil in 1950.

Australia has been ranked 76th within the group of 150 countries we follow in terms of military expenditure in local currency.