Canada military spending/defense budget for 2024 was 29.35 billion US dollars, a 7.78% increase from 2023.
Canada military spending/defense budget for 2023 was 27.23 billion US dollars, a 6.49% increase from 2022.
Canada military spending/defense budget for 2022 was 25.57 billion US dollars, a 0.81% increase from 2021.
Canada military spending/defense budget for 2021 was 25.36 billion US dollars, a 9.88% increase from 2020.
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). The full historical dataset is available for download here: Canada Military Spending/Defense Budget | Historical Data | 1960 - 2024.