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Australia - Military expenditure in current prices

27,462 (million US dollars) in 2017

In 2017, military expenditure for Australia was 27,462 million US dollars. Military expenditure of Australia increased from 1,322 million US dollars in 1968 to 27,462 million US dollars in 2017 growing at an average annual rate of 6.74 %.

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What is military expenditure?

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.)

What is Australia military expenditure?

Date Value Change, %
2017 27,462 4.09 %
2016 26,383 9.72 %
2015 24,046 -6.74 %
2014 25,784 3.86 %
2013 24,825 -5.31 %
2012 26,217 -1.43 %
2011 26,597 14.56 %
2010 23,218 22.46 %
2009 18,960 1.76 %
2008 18,633 8.42 %
2007 17,186 20.69 %
2006 14,240