Military expenditure (% of GDP) — all countries

Military expenditure (% of GDP) — Argentina

Military expenditure (% of GDP) in Argentina in 2024 — 0.62%. Ranked 133 in the world out of 147. Since 1960, the indicator has fallen by 0.93 pp.

2024 0.62% −0.14 pp vs 2023
World rank 133of 147
Period maximum 4.72%1978
Period minimum 0.62%2024

Trend over time

1960–2024 · % of GDP

Military expenditure (% of GDP) — Argentina, 1960–2024024619601967197419811988199520022009201620231960: 1.55%1962: 2.66%1964: 1.15%1966: 1.17%1968: 1.69%1970: 1.88%1972: 1.82%1974: 1.66%1976: 3.78%1978: 4.72%1980: 3.1%1982: 2.7%1984: 2.16%1986: 2.31%1988: 2.12%1990: 1.45%1992: 1.42%1994: 1.46%1996: 1.24%1998: 1.14%2000: 1.15%2002: 1.09%2004: 0.88%2006: 0.79%2008: 0.76%2010: 0.81%2012: 0.78%2014: 0.88%2016: 0.81%2018: 0.73%2020: 0.73%2022: 0.68%2024: 0.62%
Change over the period: −0.93 pp Annual average: -0.01 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Argentina

Argentina 0.62%
World 2.47%
South America computed 1.27%
Military expenditure (% of GDP) — Argentina, by year Argentina All countries CSV XLSX
Year % Change, pp
2024 0.62 −0.14 pp
2023 0.76 +0.07 pp
2022 0.68 +0.05 pp
2021 0.63 −0.1 pp
2020 0.73 +0.03 pp
2019 0.7 −0.03 pp
2018 0.73 −0.12 pp
2017 0.85 +0.04 pp
2016 0.81 −0.04 pp
2015 0.85 −0.03 pp
2014 0.88 +0.04 pp
2013 0.84 +0.05 pp
2012 0.78 +0.02 pp
2011 0.76 −0.05 pp
2010 0.81 −0.07 pp
2009 0.89 +0.12 pp
2008 0.76 −0.03 pp
2007 0.79 +0 pp
2006 0.79 −0.06 pp
2005 0.85 −0.04 pp
2004 0.88 −0.18 pp
2003 1.06 −0.03 pp
2002 1.09 −0.09 pp
2001 1.18 +0.04 pp
2000 1.15 −0.07 pp
1999 1.22 +0.08 pp
1998 1.14 −0 pp
1997 1.14 −0.1 pp
1996 1.24 −0.23 pp
1995 1.47 +0.02 pp
1994 1.46 +0.03 pp
1993 1.42 +0 pp
1992 1.42 −0.09 pp
1991 1.51 +0.06 pp
1990 1.45 −0.43 pp
1989 1.88 −0.24 pp
1988 2.12 −0.16 pp
1987 2.28 −0.03 pp
1986 2.31 +0.01 pp
1985 2.3 +0.14 pp
1984 2.16 −0.58 pp
1983 2.74 +0.03 pp
1982 2.7 −0.76 pp
1981 3.47 +0.37 pp
1980 3.1 −1.57 pp
1979 4.67 −0.05 pp
1978 4.72 +0.71 pp
1977 4.01 +0.23 pp
1976 3.78 +1.74 pp
1975 2.04 +0.38 pp
1974 1.66 −0.19 pp
1973 1.85 +0.02 pp
1972 1.82 +0.02 pp
1971 1.81 −0.07 pp
1970 1.88 −0.06 pp
1969 1.94 +0.25 pp
1968 1.69 +0.29 pp
1967 1.4 +0.23 pp
1966 1.17 +0.1 pp
1965 1.07 −0.08 pp
1964 1.15 −0.53 pp
1963 1.68 −0.98 pp
1962 2.66 +0.52 pp
1961 2.14 +0.59 pp
1960 1.55

South America, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Military expenditure as a percent of GDP under the SIPRI definition: current and capital spending on the armed forces, including peacekeeping forces, defense ministries, paramilitary forces, military R&D, pensions of military personnel and military aid. The NATO benchmark for member states is at least 2% of GDP.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.