World Bank WDI (SIPRI military expenditure) · updated 2026-10-15 · 166 economies tracked
1.92 (2025)
##64 of 166 economies
0.6%
0.81×
1 = global #1 · higher value ranks higher
Real annual global ranks, 1960 - 2025. Australia climbed from #31 to #64 (overtook United Kingdom). Gaps in a lane = missing data that year.
Key events for Australia ↓Auto-detected from rank data + curated milestones
AUD begins floating; financial deregulation follows.
Avoids recession on the back of China-driven commodity demand.
First recession in nearly three decades.
Government Education Expenditure (% of GDP), Government Health Expenditure (% of GDP), General Government Gross Debt (% of GDP), Government Revenue (% of GDP)
No community estimates yet for Government Defence Expenditure (% of GDP) — be the first.