Defense Spending (% of GDP) (Oceania)
Overview
Defense spending as a percentage of GDP reveals how much of a nation’s economic output is devoted to military purposes. NATO members aim for 2% of GDP, while nations facing security threats often spend considerably more. This metric helps compare military commitment across economies of different sizes.
🇦🇺 Australia
Leading Country
4
Countries Ranked
100.0%
Top 5 Share
| # | Country | % GDP | |
|---|---|---|---|
| 1 | 🇦🇺 Australia | 1.88% | |
| 2 | 🇫🇯 Fiji | 1.31% | |
| 3 | 🇳🇿 New Zealand | 1.19% | |
| 4 | 🇵🇬 Papua New Guinea | 0.31% |