Australia – Military Spending

Military Spending / Australia

Australia Military Spending

Australia military spending data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 1.92%.

COUNTRY: Australia
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-10-18 17:00:07
GM ECONOMY RATING

Australia · Economic Stability Rating

Composite rating based on inflation, growth, debt, unemployment and current account.

BBB
71 / 100
Good stability
Fiscal stability
15.0 / 25
Macroeconomic stability
15.0 / 20
External stability
4.0 / 15
Financial robustness
15.0 / 15
Structural stability
15.0 / 15
Future capacity
8.0 / 10
Demographic capacity
3.0 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 100% of weighted inputs available.
Time range:
Selected year: · Value:

Australia · military spending data as percent of GDP.

Latest
1.92%
Previous
1.90%
Range avg.
1.94%
Rank
55

Countries by military spending

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