Canada Military Expenditure
1.3%▲ +0.1%
Dec 2024 · Annual
Canada's military expenditure edged up to 1.31% of GDP in 2024, from 1.25% in 2023. The reading remains well below the all-time high of 4.19% recorded in 1960 and is above the series low of 0.99% set in 2014. Data are available from 1960 onward.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 1.3% | 1.3% | 4.2%Dec 1960 | 1.0%Dec 2014 | 1960 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Debt to GDP | 113.5% | 110.0% | 118.1% | 44.6% | Dec 2025 | Annual |
| Military Expenditure (USD) | $29.3B | $27.2B | $29.3B | $1.6B | Dec 2024 | Annual |
About this series
Military Expenditure in Canada averaged 1.3% from 1960 until 2024, reaching an all-time high of 4.2% in Dec 1960 and a record low of 1.0% in Dec 2014. The series is reported yearly with history from 1960.
Military expenditure measures the share of a country's gross domestic product allocated to defense spending, including personnel, operations, and procurement. The indicator is reported annually as a percentage of GDP. The series for Canada spans from 1960 to the present.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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