Military Expenditure (Local Currency) in Australia

Military expenditure in local currency reached AUD 48,752,894,000 bil in 2023 in Australia, according to the SIPRI Military Expenditure Database. This is 104,701,930,661% more than in the previous year.

Historically, military expenditure in local currency in Australia reached an all time high of AUD 48,752,894,000 bil in 2023 and an all time low of AUD 0.153 bil in 1950.

Australia has been ranked 76th within the group of 148 countries we follow in terms of military expenditure in local currency.