Military expenditure in usd prices reached USD 32.3 bil in 2022 in Australia, according to the SIPRI Military Expenditure Database. This is 1.28% less than in the previous year.
Historically, military expenditure in USD prices in Australia reached an all time high of USD 32.7 bil in 2021 and an all time low of USD 0.171 bil in 1950.
Australia has been ranked 13th within the group of 150 countries we follow in terms of military expenditure in USD prices.
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