Military expenditure in Armenia
Armenia: Military expenditure was 557.00 billion current LCU in 2024. ◆ Volatile
Military expenditure in Armenia, 1992–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
Armenia recorded 557.00 billion current LCU for military expenditure in 2024. That is the highest value across all 32 years on record.
The figure is up 7.0% on the previous year and up 192.5% over ten years.
Over the whole period, military expenditure in Armenia peaked at 557.00 billion current LCU in 2024 and was at its lowest, 6.50 million current LCU, in 1992.
Armenia ranks 36th of 167 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.67 billion current LCU | 6.50 million current LCU | 36.51 billion current LCU | 7 |
| 2000s | 69.72 billion current LCU | 36.72 billion current LCU | 130.60 billion current LCU | 10 |
| 2010s | 201.51 billion current LCU | 145.60 billion current LCU | 313.27 billion current LCU | 10 |
| 2020s | 408.95 billion current LCU | 308.02 billion current LCU | 557.00 billion current LCU | 5 |
Countries ranked near Armenia
- 33 Mongolia 613.07 billion current LCU compare
- 34 Kazakhstan 567.75 billion current LCU compare
- 35 Mali 563.52 billion current LCU compare
- 37 Madagascar 552.02 billion current LCU compare
- 38 Burundi 495.58 billion current LCU compare
- 39 Bangladesh 465.89 billion current LCU compare
More public sector data for Armenia
- Arms imports 21.00 million SIPRI trend indicator values (2024)
- Tax revenue 22.4% (2024)
- Taxes on income, profits and capital gains 39.6% (2024)
- Taxes on goods and services 48.2% (2024)
- Net investment in nonfinancial assets 5.3% (2024)
- Net lending (+) / net borrowing (-) -3.6% (2024)
- Interest payments 12.6% (2024)
- Grants and other revenue 8.4% (2024)
- Interest payments 12.7% (2023)
- Other taxes 0.7% (2024)
Frequently asked questions
- What is military expenditure in Armenia?
- Military expenditure in Armenia was 557.00 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Armenia?
- The highest recorded value was 557.00 billion current LCU in 2024.
- What is the lowest military expenditure recorded in Armenia?
- The lowest recorded value was 6.50 million current LCU in 1992.
- How does Armenia rank for military expenditure?
- Armenia ranks 36th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Armenia?
- Over the last ten years it is up 192.5%. The long-run trend across the full record is volatile.
- Where does this Armenia 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)