Military Expenditure in Canada, 1960-2022

Military Expenditure in Canada, 1960-2022

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TGM StatBox. (2024). Military Expenditure in Canada, 1960-2022. TGM StatBox.
Chart Details
Timeframe: 1960-2023
Country: Canada
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
Canada's military expenditure steadily decreased from 4.2% in 1960 to around 1% by the early 2000s. The reductions reflect a strategic pivot from Cold War-era defense postures to domestic and international peacekeeping priorities. By 1982, spending briefly rose to 2% amid heightened NATO commitments but gradually declined again with the easing of Cold War tensions.

Post-9/11, military expenditure stabilized at around 1–1.4%, reflecting Canada's involvement in Afghanistan and broader global security efforts. By 2022, spending was 1.2%, aligning with NATO benchmarks and emphasizing modernization while maintaining fiscal restraint.

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