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 2021 was $26.45B, a 13.61% increase from 2020.
  • Canada military spending/defense budget for 2020 was $23.28B, a 3.96% increase from 2019.
  • Canada military spending/defense budget for 2019 was $22.39B, a 1.47% decline from 2018.
  • Canada military spending/defense budget for 2018 was $22.73B, a 2.06% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $800.67B
United Kingdom $68.37B
France $56.65B
Germany $56.02B
Saudi Arabia $55.56B
Japan $54.12B
South Korea $50.23B
Italy $32.01B
Australia $31.75B
Canada $26.45B
Israel $24.34B
Spain $19.54B
Netherlands $13.75B
Poland $13.71B
Qatar $11.59B
Singapore $11.12B
Kuwait $9.02B
Norway $8.25B
Greece $8.08B
Sweden $7.89B
Belgium $6.31B
Chile $6.23B
Finland $5.90B
Oman $5.78B
Switzerland $5.74B
Denmark $5.39B
Portugal $4.91B
Czech Republic $3.94B
Austria $3.83B
New Zealand $3.39B
Hungary $2.78B
Argentina $2.59B
Slovak Republic $1.98B
Croatia $1.74B
Bahrain $1.38B
Ireland $1.27B
Uruguay $1.26B
Lithuania $1.24B
Latvia $0.83B
Estonia $0.76B
Slovenia $0.73B
Cyprus $0.52B
Luxembourg $0.46B
Brunei $0.45B
Trinidad and Tobago $0.21B
Malta $0.08B
Seychelles $0.02B
Iceland $0.00B
Panama $0.00B
Canada Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $26.45B 1.32%
2020 $23.28B 1.42%
2019 $22.39B 1.29%
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 1.13%
2005 $12.99B 1.11%
2004 $11.34B 1.11%
2003 $9.96B 1.12%
2002 $8.50B 1.12%
2001 $8.38B 1.14%
2000 $8.30B 1.12%
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%