Military expenditure in Canada
Canada: Military expenditure was 40.21 billion current LCU in 2024. ◆ Volatile
Military expenditure in Canada, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
The most recent figure for military expenditure in Canada is 40.21 billion current LCU, measured in 2024. That is the highest value across all 65 years on record.
That represents a change of up 9.4% on the previous year and up 103.6% over ten years.
Over the whole period, military expenditure in Canada peaked at 40.21 billion current LCU in 2024 and was at its lowest, 1.65 billion current LCU, in 1960.
Canada ranks 91st of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.79 billion current LCU | 1.65 billion current LCU | 1.94 billion current LCU | 10 |
| 1970s | 3.15 billion current LCU | 1.97 billion current LCU | 4.78 billion current LCU | 10 |
| 1980s | 9.46 billion current LCU | 5.55 billion current LCU | 12.72 billion current LCU | 10 |
| 1990s | 12.47 billion current LCU | 11.00 billion current LCU | 13.32 billion current LCU | 10 |
| 2000s | 16.09 billion current LCU | 12.33 billion current LCU | 21.65 billion current LCU | 10 |
| 2010s | 23.50 billion current LCU | 19.07 billion current LCU | 29.72 billion current LCU | 10 |
| 2020s | 34.60 billion current LCU | 30.95 billion current LCU | 40.21 billion current LCU | 5 |
Countries ranked near Canada
More public sector data for Canada
- Arms imports 149.00 million SIPRI trend indicator values (2024)
- Tax revenue 13.7% (2024)
- Taxes on income, profits and capital gains 53.9% (2024)
- Taxes on goods and services 13.8% (2024)
- Net investment in nonfinancial assets 0.6% (2024)
- Net lending (+) / net borrowing (-) -1.2% (2024)
- Interest payments 8.4% (2024)
- Grants and other revenue 7.9% (2024)
- Interest payments 7.6% (2023)
- Compensation of employees 10.2% (2023)
Frequently asked questions
- What is military expenditure in Canada?
- Military expenditure in Canada was 40.21 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Canada?
- The highest recorded value was 40.21 billion current LCU in 2024.
- What is the lowest military expenditure recorded in Canada?
- The lowest recorded value was 1.65 billion current LCU in 1960.
- How does Canada rank for military expenditure?
- Canada ranks 91st out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Canada?
- Over the last ten years it is up 103.6%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military expenditure in local currency at current prices (by calendar year)