Canada Military Spending

Defense budget and military expenditure data (1950–2027)

Data updated: July 7, 2026

Key Facts (2026 estimate)

Military Expenditure

$39.4 billion

Ranked #16 of 153 countries worldwide

Percent of GDP

2.1%

Ranked #77 of 163 countries by % of GDP

Year-over-Year Change

+5.0%

From $37.5B in 2025

Historical Peak Spending

$41.3 billion

Reached in 2027

Canada Defense Budget Summary

In 2026, Canada is estimated to have spent $39.4 billion on military and defense, representing 2.1% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Canada is the #16 highest military spender in the world by absolute spending.

Compared to the previous year (2025), defense spending increased by 5.0%, from $37.5 billion to $39.4 billion. This change in the military budget reflects growing defense priorities.

The highest percentage of GDP allocated to defense spending was 7.4% in 1953. The historical average military budget is 2.3% of GDP.

Data source: SIPRI Military Expenditure Database. Values are in constant 2024 US dollars. Data for 2026 is an estimate based on government budget announcements.

Historical Military Spending

Military Spending (% of GDP)

Military Spending (USD Billions, 2024 prices)

Historical Data

YearPercent of GDPUSD (millions)
2027(estimate)2.40%$41,282M
2026(estimate)2.10%$39,406M
20251.63%$37,529M
20241.35%$30,618M
20231.31%$29,146M
20221.14%$25,396M
20211.22%$25,691M
20201.42%$26,979M
20191.22%$24,389M
20181.25%$24,639M
20171.30%$25,012M
20161.14%$21,186M
20151.17%$21,631M
20141.09%$20,436M
20131.00%$18,236M
20121.12%$19,728M
20111.19%$20,747M
20101.19%$20,069M
20091.38%$22,219M
20081.25%$21,249M
20071.19%$19,717M
20061.12%$18,085M
20051.11%$17,282M
20041.10%$16,554M
20031.11%$15,950M
20021.12%$15,662M
20011.13%$15,583M
20001.11%$15,180M
19991.24%$15,433M
19981.26%$14,794M
19971.25%$14,300M
19961.40%$15,518M
19951.55%$16,898M
19941.70%$17,929M
19931.82%$18,193M
19921.86%$18,239M
19911.90%$18,442M
19901.96%$19,969M
19891.93%$19,988M
19881.99%$20,089M
19872.06%$19,779M
19862.11%$19,356M
19852.10%$19,002M
19842.12%$18,456M
19832.08%$17,321M
19821.95%$15,892M
19811.71%$14,620M
19801.76%$14,798M
19791.71%$14,062M
19781.85%$14,524M
19771.81%$13,942M
19761.77%$13,326M
19751.86%$13,125M
19741.78%$12,351M
19731.83%$11,777M
19722.01%$11,858M
19712.13%$11,788M
19702.19%$11,406M
19692.27%$11,384M
19682.54%$12,088M
19672.75%$12,443M
19662.68%$11,704M
19652.93%$11,850M
19643.40%$12,787M
19633.62%$12,643M
19624.00%$13,235M
19614.13%$12,743M
19604.19%$12,484M
19594.40%$12,767M
19584.94%$13,646M
19575.35%$14,650M
19565.69%$15,340M
19556.18%$15,031M
19546.86%$15,180M
19537.37%$16,317M
19526.80%$14,219M
19514.66%$8,847M
19502.43%$4,366M

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