Military expenditure in Armenia
Armenia: Military expenditure was 1.42 billion current USD in 2024. ◆ Volatile
Military expenditure in Armenia, 1992–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Armenia stood at 1.42 billion current USD. That is the highest value across all 32 years on record.
That represents a change of up 6.9% on the previous year and up 209.7% over ten years.
Over the whole period, military expenditure in Armenia peaked at 1.42 billion current USD in 2024 and was at its lowest, 0 current USD, in 1992.
That places Armenia 76th out of 167 countries with data for 2024, putting it 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 |
|---|---|---|---|---|
| 1990s | 44.79 million current USD | 0 current USD | 68.23 million current USD | 7 |
| 2000s | 173.76 million current USD | 64.11 million current USD | 395.99 million current USD | 10 |
| 2010s | 455.65 million current USD | 380.57 million current USD | 652.00 million current USD | 10 |
| 2020s | 958.57 million current USD | 619.43 million current USD | 1.42 billion current USD | 5 |
Countries ranked near Armenia
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 1.42 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 Armenia?
- The highest recorded value was 1.42 billion current USD in 2024.
- What is the lowest military expenditure recorded in Armenia?
- The lowest recorded value was 0 current USD in 1992.
- How does Armenia rank for military expenditure?
- Armenia ranks 76th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Armenia?
- Over the last ten years it is up 209.7%. 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 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)