Canada CA: Military Expenditure: % of GDP

1961 - 2023 | Yearly | % | World Bank

Canada CA: Military Expenditure: % of GDP data was reported at 1.237 % in 2023. This records a decrease from the previous number of 1.267 % for 2022. Canada CA: Military Expenditure: % of GDP data is updated yearly, averaging 1.764 % from Mar 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 4.185 % in 1961 and a record low of 0.990 % in 2015. Canada CA: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Defense and Official Development Assistance. 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). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.);Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.;Weighted average;Data for some countries are based on partial or uncertain data or rough estimates.

View Canada's Canada CA: Military Expenditure: % of GDP from 1961 to 2023 in the chart:

Canada Canada CA: Military Expenditure: % of GDP

What was Canada's Canada CA: Military Expenditure: % of GDP in 2023?

Last Previous Min Max Unit Frequency Range
1.237 2023 1.267 2022 0.990 2015 4.185 1961 % yearly 1961 - 2023

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Canada Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 72,005.614 2029 yearly 1980 - 2029
Forecast: Nominal GDP Per Capita (USD) 64,674.355 2029 yearly 1980 - 2029
Forecast: Real GDP Growth (%) 1.643 2029 yearly 1980 - 2029
GDP Deflator Growth (%) 4.2 Dec 2022 quarterly Mar 1962 - Dec 2022
GDP per Capita (USD) 54,104.301 2022 yearly 1971 - 2022
Gross Fixed Capital Formation (USD mn) 123,826.926 Jun 2024 quarterly Mar 1957 - Jun 2024
Gross National Product (GNP) (USD mn) 532,996.638 Jun 2024 quarterly Mar 1961 - Jun 2024
Gross Savings Rate (%) 20.7 Jun 2024 quarterly Mar 1961 - Jun 2024
Investment: % of GDP (%) 21.7 Jun 2024 quarterly Mar 1961 - Jun 2024
Nominal GDP (USD mn) 513,543.5 Dec 2022 quarterly Mar 1957 - Dec 2022
Nominal GDP Growth (%) 4.866 Jun 2024 quarterly Mar 1958 - Jun 2024
Private Consumption Expenditure (USD mn) 304,467.183 Jun 2024 quarterly Mar 1961 - Jun 2024
Private Consumption: % of GDP (%) 57.7 Jun 2024 quarterly Mar 1961 - Jun 2024
Public Consumption Expenditure (USD mn) 119,510.306 Jun 2024 quarterly Mar 1961 - Jun 2024
Public Consumption: % of GDP (%) 21.7 Jun 2024 quarterly Mar 1961 - Jun 2024
Real GDP Growth (%) 2.1 Dec 2022 quarterly Mar 1962 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 67.747 Jun 2024 quarterly Mar 1961 - Jun 2024
Production Last Frequency Range
Gold Production (kg) 200,000.000 2023 yearly 1990 - 2023
Industrial Production Index Growth (%) -0.3 Sep 2024 monthly Jan 1958 - Sep 2024
Minerals Production (Metric Ton) 550,100,636.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 1,553,026.000 2023 yearly 1997 - 2023
Silver Production (Metric Ton) 325.026 2021 yearly 1986 - 2021
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) -6.3 Aug 2024 monthly Jan 1993 - Aug 2024
Construction and Properties Last Frequency Range
House Prices Growth (%) 0.2 Sep 2024 monthly Jan 1982 - Sep 2024
Nominal Residential Property Price Index (2010=100) 220.286 Jun 2024 quarterly Mar 1970 - Jun 2024
Nominal Residential Property Price Index Growth (%) -2.208 Jun 2024 quarterly Mar 1971 - Jun 2024
Real Residential Property Price Index (2010=100) 159.189 Jun 2024 quarterly Mar 1970 - Jun 2024
Real Residential Property Price Index Growth (%) -4.817 Jun 2024 quarterly Mar 1971 - Jun 2024
Building Permits (Unit) 39,548.000 Jul 2024 monthly Jan 2018 - Jul 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.9 Jun 2024 quarterly Jun 1993 - Jun 2024
Forecast: Government Expenditure (CAD bn) 1,546.047 2029 yearly 1980 - 2029
Forecast: Government Net Debt (CAD bn) 3,127.329 2028 yearly 1980 - 2028
Forecast: Government Revenue (CAD bn) 1,523.743 2029 yearly 1980 - 2029
Government Debt: % of GDP (%) 69.6 2024 yearly 1962 - 2024
National Government Debt (USD mn) 1,501,047.3 2024 yearly 1962 - 2024
Tax Revenue (USD mn) 20,829.733 Aug 2024 monthly Jan 1996 - Aug 2024
Consolidated Fiscal Balance (USD mn) -1,864.518 Aug 2024 monthly May 1992 - Aug 2024
Tax Revenue: % of GDP (%) 13.2 Jun 2024 quarterly Mar 1996 - Jun 2024

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