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Canada Military Expenditure

Government
Canada
Source: Canada Military Expenditure, released on Dec 31 by SIPRI
6.47%
Overview
Current Value
6.47%
Average Value (10 years)
4.21%
Statistical Analysis
Current Status
Normal
Historical Average
4.21%
Long-term mean
Historical Data
DateValueChange
12-31-20236.47%+5.66%
12-31-20220.81%-9.06%
12-31-20219.87%+6.80%
12-31-20203.07%+4.54%
12-31-2019-1.47%-3.54%
Forecast & Analysis

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Next Period Forecast
6.47%
3-Month Outlook
Moderate Growth
Based on economic models
12-Month Outlook
Stable
Long-term projection

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Key Information
Current Value6.47%
Average Value (10 years)4.21%

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Economic data last updated May 18, 2025