Military expenditure in Argentina
Argentina: Military expenditure was 4.18 billion current USD in 2024. ◆ Volatile
Military expenditure in Argentina, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Argentina stood at 4.18 billion current USD.
The figure is down 14.4% on the previous year and down 16.1% over ten years.
Over the whole period, military expenditure in Argentina peaked at 6.48 billion current USD in 1980 and was at its lowest, 0 current USD, in 1960.
Argentina ranks 52nd of 167 countries on this measure, in the middle of the range.
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 | 235.67 million current USD | 0 current USD | 442.86 million current USD | 10 |
| 1970s | 1.77 billion current USD | 445.71 million current USD | 5.06 billion current USD | 10 |
| 1980s | 3.11 billion current USD | 1.44 billion current USD | 6.48 billion current USD | 10 |
| 1990s | 3.27 billion current USD | 2.05 billion current USD | 3.80 billion current USD | 10 |
| 2000s | 2.20 billion current USD | 1.11 billion current USD | 3.27 billion current USD | 10 |
| 2010s | 4.46 billion current USD | 3.13 billion current USD | 5.48 billion current USD | 10 |
| 2020s | 3.86 billion current USD | 2.83 billion current USD | 4.88 billion current USD | 5 |
Countries ranked near Argentina
- 49 Hungary 4.73 billion current USD compare
- 50 Portugal 4.64 billion current USD compare
- 51 Malaysia 4.31 billion current USD compare
- 53 Bangladesh 4.03 billion current USD compare
- 54 Azerbaijan 3.78 billion current USD compare
- 55 New Zealand 3.00 billion current USD compare
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 4.18 billion current USD 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 6.48 billion current USD in 1980.
- What is the lowest military expenditure recorded in Argentina?
- The lowest recorded value was 0 current USD in 1960.
- How does Argentina rank for military expenditure?
- Argentina ranks 52nd out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Argentina?
- Over the last ten years it is down 16.1%. 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 USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)