Prefer this file over scraping the HTML page.

# Australia Military Expenditure (USD)

> Australia military expenditure (usd) is $33.8B as of Dec 2024, from $32.4B. History from 1960, source World Bank. Free API & MCP access.

Military Expenditure (USD) in Australia rose to $33.8B in Dec 2024 from $32.4B in Dec 2023.

Military Expenditure (USD) in Australia averaged $17.6B from 1960 until 2024, reaching an all-time high of $33.8B in Dec 2024 and a record low of $459.8M in Dec 1960. The series is reported yearly with history from 1960.

## Stats

| Actual | Previous | Highest | Lowest | Span | Unit | Frequency |
| --- | --- | --- | --- | --- | --- | --- |
| $33.8B | $32.4B | $33.8B (Dec 2024) | $459.8M (Dec 1960) | 1960–2024 | USD | annual |

## FAQ

**What is Australia's military expenditure (usd) right now?**

Military Expenditure (USD) in Australia is $33.8B as of Dec 2024.

**What are the historical extremes for Australia's military expenditure (usd)?**

The all-time high is $33.8B (Dec 2024); the record low is $459.8M (Dec 1960), over a series starting in 1960.

**How often is this series updated?**

Military Expenditure (USD) for Australia is a annual series; values refresh when new data is published or revised.

**Where does this data come from?**

See our methodology page for how we source and verify every series.

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Full history via API: `GET https://api.economicsapi.com/v1/history?country=australia&indicator=military-expenditure-usd`.
Back to [Australia economy](/australia.md).