Australia - Military expenditure in constant prices of 2020

28,398 (million US dollars) in 2021

In 2021, real military expenditure for Australia was 28,398 million US dollars. Real military expenditure of Australia increased from 9,053 million US dollars in 1972 to 28,398 million US dollars in 2021 growing at an average annual rate of 2.42%.

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What is real military expenditure?

Figures in constant (2020) US$ are present according to calendar year, calculated on the assumption that, where financial years do not correspond to calendar years, spending is distributed evenly through the year

What is Australia real military expenditure?