Military expenditure at constant USD prices from 2014 rose 7.79% to USD 27,793 mil in Australia in 2015, according to the SIPRI Military Expenditure Database.
Historically, military expenditure at constant USD prices from 2014 in Australia reached an all time high of USD 27,793 mil in 2015 and an all time low of USD 14,225 mil in 1989. When compared to Australia's main peers, military expenditure at constant USD prices from 2014 in Indonesia amounted to USD 8,071 mil, USD 5,300 mil in Malaysia, USD 2,447 mil in New Zealand and USD 106 mil in Papua New Guinea in 2015.
Australia has been ranked 13th within the group of 142 countries we follow in terms of military expenditure at constant USD prices from 2014, 1 place above the position seen 10 years ago.
| Military Expenditure (Constant 2014 USD) | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Australia | USD mil | 24,877 | 25,184 | 24,835 | 23,965 | 23,757 | ||||||||||||||||
| Cambodia | USD mil | 169 | 202 | 213 | 232 | 252 | ... | |||||||||||||||
| Indonesia | USD mil | 3,784 | 4,444 | 5,095 | 5,850 | 7,865 | ||||||||||||||||
| Malaysia | USD mil | 4,798 | 4,191 | 4,697 | 4,480 | 4,881 | ||||||||||||||||
| New Zealand | USD mil | 2,375 | 2,394 | 2,253 | 2,193 | 2,178 | ||||||||||||||||
| Papua New Guinea | USD mil | 74.5 | 61.7 | 71.4 | 103 | 101 | ||||||||||||||||
| Philippines | USD mil | 2,731 | 2,869 | 2,916 | 2,957 | 3,362 | ||||||||||||||||
| Singapore | USD mil | 10,120 | 9,928 | 9,574 | 9,355 | 9,323 | ||||||||||||||||
| Thailand | USD mil | 5,826 | 5,390 | 5,551 | 5,472 | 5,688 | ||||||||||||||||
| Vietnam | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | 3,030 | 3,378 | 3,154 | 3,672 | 3,840 |
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