Military Expenditure in Austria, 1960-2022

Military Expenditure in Austria, 1960-2022

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TGM StatBox. (2024). Military Expenditure in Austria, 1960-2022. TGM StatBox.
Chart Details
Timeframe: 1960-2023
Country: Austria
Published date: 2024
Note: Military expenditure by World Development Indicators (WDI) refers to the financial resources a country allocates for its armed forces. This includes spending on personnel (salaries, pensions), military equipment, infrastructure, operations, and research and development.
Key Takeaways
Austria’s military expenditure remained modest, reflecting its neutral stance post-World War II. Spending peaked at 1.9% of GDP in 1964 but gradually decreased, stabilizing at around 1% from the 1990s onwards. This aligns with Austria’s focus on economic development and a reduced threat perception in Europe after the Cold War.

A slight uptick to 0.9%–1% in 2020–2021 indicates renewed interest in bolstering defense capabilities amid rising geopolitical uncertainties in Europe. However, spending remains one of the lowest among European nations, consistent with Austria's neutral policies.

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