Prefer this file over scraping the HTML page.

# Australia Military Expenditure

> Australia military expenditure is 1.9% as of Dec 2024, from 1.9%. History from 1960, source World Bank. Free API & MCP access.

Military Expenditure in Australia rose to 1.9% in Dec 2024 from 1.9% in Dec 2023.

Military Expenditure in Australia averaged 1.9% from 1960 until 2024, reaching an all-time high of 3.8% in Dec 1968 and a record low of 1.6% in Dec 2013. The series is reported yearly with history from 1960.

## Stats

| Actual | Previous | Highest | Lowest | Span | Unit | Frequency |
| --- | --- | --- | --- | --- | --- | --- |
| 1.9% | 1.9% | 3.8% (Dec 1968) | 1.6% (Dec 2013) | 1960–2024 | USD / % GDP | annual |

## FAQ

**What is Australia's military expenditure right now?**

Military Expenditure in Australia is 1.9% as of Dec 2024.

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

The all-time high is 3.8% (Dec 1968); the record low is 1.6% (Dec 2013), over a series starting in 1960.

**How often is this series updated?**

Military Expenditure 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`.
Back to [Australia economy](/australia.md).