Military Expenditure in Canada increased to 22854 USD Million in 2020 from 22204 USD Million in 2019. source: SIPRI

Military Expenditure in Canada averaged 14157.51 USD Million from 1950 until 2020, reaching an all time high of 22854 USD Million in 2020 and a record low of 3809 USD Million in 1950. Canada Military Expenditure - values, historical data and charts - was last updated on June of 2021.

Military Expenditure in Canada is expected to reach 21600.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Military Expenditure is projected to trend around 22000.00 USD Million in 2022 and 22400.00 USD Million in 2023, according to our econometric models.

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Canada Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
22854.00 22204.00 22854.00 3809.00 1950 - 2020 USD Million Yearly
Constant 2019 prices

Canada Government Last Previous Highest Lowest Unit
Government Debt to GDP 117.80 86.80 117.80 44.90 percent of GDP [+]
Government Budget -15.90 -1.50 5.10 -15.90 percent of GDP [+]
Government Budget Value -31440.00 -14370.00 5770.00 -43932.00 CAD Million [+]
Government Spending 440315.00 433693.00 440315.00 91244.00 CAD Million [+]
Government Revenues 34517.00 29177.00 34517.00 3384.00 CAD Million [+]
Fiscal Expenditure 64021.00 42170.00 64021.00 5565.00 CAD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 22854.00 22204.00 22854.00 3809.00 USD Million [+]
Government Debt 721.36 685.45 721.36 14.83 CAD Billion [+]
Asylum Applications 1080.00 1200.00 8800.00 661.00 Persons [+]