Military expenditure in Argentina
Argentina: Military expenditure was 3.82 trillion current LCU in 2024. ◆ Volatile
Military expenditure in Argentina, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
The most recent figure for military expenditure in Argentina is 3.82 trillion current LCU, measured in 2024. That is the highest value across all 65 years on record.
That represents a change of up 164.3% on the previous year and up 9,408.5% over ten years.
Over the whole period, military expenditure in Argentina peaked at 3.82 trillion current LCU in 2024 and was at its lowest, 0.0015 current LCU, in 1960.
Argentina ranks 17th of 167 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0059 current LCU | 0.0015 current LCU | 0.0155 current LCU | 10 |
| 1970s | 10.31 current LCU | 0.0169 current LCU | 66.6 current LCU | 10 |
| 1980s | 6.43 million current LCU | 119 current LCU | 61.00 million current LCU | 10 |
| 1990s | 3.14 billion current LCU | 1.00 billion current LCU | 3.80 billion current LCU | 10 |
| 2000s | 5.57 billion current LCU | 3.18 billion current LCU | 11.06 billion current LCU | 10 |
| 2010s | 58.56 billion current LCU | 13.54 billion current LCU | 150.84 billion current LCU | 10 |
| 2020s | 1.27 trillion current LCU | 199.75 billion current LCU | 3.82 trillion current LCU | 5 |
Countries ranked near Argentina
More public sector data for Argentina
- Arms imports 43.00 million SIPRI trend indicator values (2024)
- Tax revenue 10.4% (2024)
- Taxes on income, profits and capital gains 9.1% (2024)
- Taxes on goods and services 31.8% (2024)
- Net investment in nonfinancial assets 0.1% (2024)
- Net lending (+) / net borrowing (-) 0.1% (2024)
- Interest payments 8.5% (2024)
- Grants and other revenue 8.3% (2024)
- Interest payments 7.3% (2023)
- Other taxes 5.9% (2024)
Frequently asked questions
- What is military expenditure in Argentina?
- Military expenditure in Argentina was 3.82 trillion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Argentina?
- The highest recorded value was 3.82 trillion current LCU in 2024.
- What is the lowest military expenditure recorded in Argentina?
- The lowest recorded value was 0.0015 current LCU in 1960.
- How does Argentina rank for military expenditure?
- Argentina ranks 17th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Argentina?
- Over the last ten years it is up 9,408.5%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Military expenditure in local currency at current prices (by calendar year)