Canada Military Spending

Defense budget and military expenditure data (1950–2026)

Key Facts (2026 estimate)

Military Expenditure

$32.0 billion

Ranked #16 of 148 countries worldwide

Percent of GDP

1.5%

Ranked #95 of 157 countries by % of GDP

Year-over-Year Change

+4.8%

From $30.5B in 2025

Historical Peak Spending

$32.0 billion

Reached in 2026

Canada Defense Budget Summary

In 2026, Canada is estimated to have spent $32.0 billion on military and defense, representing 1.5% 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 4.8%, from $30.5 billion to $32.0 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 2023 US dollars. Data for 2026 is an estimate based on government budget announcements.

Historical Military Spending

Military Spending (% of GDP)

Military Spending (USD Billions, 2023 prices)

Historical Data

YearPercent of GDPUSD (millions)
2026(estimate)1.50%$31,973M
2025(estimate)1.40%$30,519M
20241.31%$29,066M
20231.25%$27,228M
20221.17%$25,598M
20211.25%$26,132M
20201.39%$26,296M
20191.28%$25,427M
20181.32%$25,697M
20171.35%$25,816M
20161.16%$21,372M
20151.15%$21,092M
20140.99%$18,358M
20131.00%$18,064M
20121.12%$19,541M
20111.19%$20,550M
20101.19%$19,878M
20091.38%$22,009M
20081.25%$21,047M
20071.19%$19,530M
Showing most recent 20 years of 77 total years of data.