Canada Military Spending/Defense Budget 1960-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Canada military spending/defense budget for 2022 was $26.90B, a 6.05% increase from 2021.
  • Canada military spending/defense budget for 2021 was $25.36B, a 9.88% increase from 2020.
  • Canada military spending/defense budget for 2020 was $23.08B, a 3.07% increase from 2019.
  • Canada military spending/defense budget for 2019 was $22.39B, a 1.47% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $876.94B
Saudi Arabia $75.01B
United Kingdom $68.46B
Germany $55.76B
France $53.64B
South Korea $46.37B
Japan $45.99B
Italy $33.49B
Australia $32.30B
Canada $26.90B
Israel $23.41B
Spain $20.31B
Poland $16.57B
Netherlands $15.61B
Qatar $15.41B
Singapore $11.69B
Norway $8.39B
Kuwait $8.24B
Greece $8.10B
Sweden $7.72B
Belgium $6.87B
Switzerland $6.15B
Oman $5.78B
Chile $5.57B
Denmark $5.47B
Finland $4.82B
Czech Republic $4.01B
Austria $3.63B
Portugal $3.50B
New Zealand $2.83B
Argentina $2.58B
Hungary $2.57B
Slovak Republic $1.99B
Lithuania $1.73B
Bahrain $1.38B
Uruguay $1.38B
Croatia $1.31B
Ireland $1.16B
Latvia $0.85B
Estonia $0.81B
Slovenia $0.74B
Luxembourg $0.56B
Cyprus $0.49B
Brunei $0.44B
Trinidad and Tobago $0.20B
Malta $0.09B
Seychelles $0.03B
Barbados $0.00B
Faroe Islands $0.00B
Monaco $0.00B
Panama $0.00B
UAE $0.00B
Bermuda $0.00B
Cayman Islands $0.00B
St. Kitts and Nevis $0.00B
St. Martin (French part) $0.00B
Turks and Caicos Islands $0.00B
Andorra $0.00B
Bahamas $0.00B
Curacao $0.00B
Hong Kong $0.00B
Macao $0.00B
Aruba $0.00B
Guam $0.00B
French Polynesia $0.00B
Sint Maarten (Dutch part) $0.00B
Channel Islands $0.00B
Greenland $0.00B
Virgin Islands (U.S.) $0.00B
Iceland $0.00B
New Caledonia $0.00B
Puerto Rico $0.00B
British Virgin Islands $0.00B
Gibraltar $0.00B
Liechtenstein $0.00B
Northern Mariana Islands $0.00B
Antigua and Barbuda $0.00B
Isle of Man $0.00B
Palau $0.00B
San Marino $0.00B
Canada Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2022 $26.90B 1.24%
2021 $25.36B 1.27%
2020 $23.08B 1.40%
2019 $22.39B 1.28%
2018 $22.73B 1.32%
2017 $22.27B 1.35%
2016 $17.78B 1.16%
2015 $17.94B 1.15%
2014 $17.85B 0.99%
2013 $18.52B 1.00%
2012 $20.45B 1.12%
2011 $21.39B 1.19%
2010 $19.32B 1.19%
2009 $18.94B 1.38%
2008 $19.34B 1.25%
2007 $17.42B 1.19%
2006 $14.81B 1.12%
2005 $12.99B 1.11%
2004 $11.34B 1.10%
2003 $9.96B 1.11%
2002 $8.50B 1.12%
2001 $8.38B 1.13%
2000 $8.30B 1.11%
1999 $8.21B 1.24%
1998 $7.75B 1.26%
1997 $7.95B 1.25%
1996 $8.62B 1.40%
1995 $9.18B 1.55%
1994 $9.58B 1.70%
1993 $10.27B 1.82%
1992 $10.79B 1.86%
1991 $11.34B 1.90%
1990 $11.41B 1.96%
1989 $10.75B 1.93%
1988 $9.90B 1.99%
1987 $8.69B 2.06%
1986 $7.78B 2.11%
1985 $7.46B 2.10%
1984 $7.35B 2.12%
1983 $6.95B 2.08%
1982 $6.02B 1.95%
1981 $5.14B 1.71%
1980 $4.74B 1.76%
1979 $4.08B 1.71%
1978 $3.97B 1.85%
1977 $3.75B 1.81%
1976 $3.58B 1.77%
1975 $3.18B 1.86%
1974 $2.81B 1.78%
1973 $2.36B 1.83%
1972 $2.23B 2.01%
1971 $2.08B 2.13%
1970 $1.89B 2.19%
1969 $1.77B 2.27%
1968 $1.80B 2.54%
1967 $1.78B 2.75%
1966 $1.61B 2.68%
1965 $1.57B 2.93%
1964 $1.66B 3.40%
1963 $1.61B 3.62%
1962 $1.67B 4.00%
1961 $1.68B 4.13%
1960 $1.70B 4.19%