The country ranked number 7 in 2023, Italy overtook $34,680 Million PPP. The United Kingdom, Germany and South Korea respectively ranked numbers 2, 3 and 4 in this ranking.
How does Australia rank in Central Government Expenditures on Defence?
| # | 31 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 728,530 | 2023 | +1.02% | +1.91% | View data |
| 2 | 2 United Kingdom | 65,990 | 2023 | +1.24% | +2.48% | View data |
| 3 | 3 Germany | 57,970 | 2023 | +2.51% | +2.61% | View data |
| 4 | 4 South Korea | 57,710 | 2023 | +1.9% | +1.5% | View data |
| 5 | 5 Japan | 53,630 | 2023 | +1.2% | +1% | View data |
| 6 | 6 Italy | 35,970 | 2023 | +1.55% | +1.96% | View data |
| 7 | 7 Australia | 34,680 | 2023 | +2.67% | +2.6% | |
| 8 | 8 Poland | 23,160 | 2023 | +2.46% | +3.1% | View data |
| 9 | 9 Israel | 21,700 | 2023 | +1.8% | +1.73% | View data |
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