Military expenditure in dollars — all countries

Military expenditure in dollars — Argentina

Military expenditure in dollars in Argentina in 2024 — 4,177,618,452 US$. Ranked 49 in the world out of 151.

2024 4.18B US$ −14.43% vs 2023
World rank 49of 151
Period maximum 6.48B US$1980
Period minimum 0 US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — Argentina, 1960–202402B4B6B8B19601967197419811988199520022009201620231960: 0 US$1962: 305,162,407 US$1964: 245,740,498 US$1966: 279,225,436 US$1968: 337,142,857 US$1970: 445,713,894 US$1972: 766,000,000 US$1974: 1,626,000,000 US$1976: 2,050,248,959 US$1978: 3,103,989,947 US$1980: 6,477,389,013 US$1982: 2,279,872,697 US$1984: 2,527,749,815 US$1986: 2,449,545,721 US$1988: 2,696,341,658 US$1990: 2,050,907,629 US$1992: 3,254,455,192 US$1994: 3,754,724,687 US$1996: 3,379,138,770 US$1998: 3,398,699,350 US$2000: 3,266,633,317 US$2002: 1,114,172,483 US$2004: 1,465,809,188 US$2006: 1,847,553,130 US$2008: 2,788,980,205 US$2010: 3,475,348,407 US$2012: 4,563,217,859 US$2014: 4,979,442,724 US$2016: 4,509,647,660 US$2018: 3,842,852,365 US$2020: 2,830,929,705 US$2022: 4,338,261,310 US$2024: 4,177,618,452 US$
Change over the period: +4.18B

Comparison, 2024

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

Argentina 4.18B US$
World 2.65T US$
South America computed 53.6B US$
Upper-middle-income countries computed 471B US$
Military expenditure in dollars — Argentina, by year Argentina All countries CSV XLSX
Year US$ Change Change, %
2024 4.18B −705M −14.43%
2023 4.88B +544M +12.54%
2022 4.34B +1.26B +41.15%
2021 3.07B +243M +8.57%
2020 2.83B −302M −9.63%
2019 3.13B −710M −18.48%
2018 3.84B −1.62B −29.61%
2017 5.46B +950M +21.07%
2016 4.51B −973M −17.75%
2015 5.48B +503M +10.11%
2014 4.98B −159M −3.09%
2013 5.14B +575M +12.6%
2012 4.56B +511M +12.62%
2011 4.05B +577M +16.59%
2010 3.48B +493M +16.55%
2009 2.98B +193M +6.92%
2008 2.79B +493M +21.45%
2007 2.3B +449M +24.3%
2006 1.85B +148M +8.71%
2005 1.7B +234M +15.95%
2004 1.47B +90.94M +6.61%
2003 1.37B +261M +23.4%
2002 1.11B −2.07B −65%
2001 3.18B −83.04M −2.54%
2000 3.27B −195M −5.64%
1999 3.46B +63.03M +1.85%
1998 3.4B +58.03M +1.74%
1997 3.34B −38.47M −1.14%
1996 3.38B −423M −11.12%
1995 3.8B +47.23M +1.26%
1994 3.75B +386M +11.46%
1993 3.37B +114M +3.51%
1992 3.25B +396M +13.84%
1991 2.86B +808M +39.39%
1990 2.05B +610M +42.33%
1989 1.44B −1.26B −46.56%
1988 2.7B +211M +8.48%
1987 2.49B +36.11M +1.47%
1986 2.45B +422M +20.83%
1985 2.03B −501M −19.8%
1984 2.53B −320M −11.25%
1983 2.85B +568M +24.92%
1982 2.28B −3.6B −61.24%
1981 5.88B −595M −9.18%
1980 6.48B +1.42B +28.09%
1979 5.06B +1.95B +62.92%
1978 3.1B +1.05B +50.81%
1977 2.06B +7.97M +0.39%
1976 2.05B +1.25B +156.81%
1975 798M −828M −50.9%
1974 1.63B +332M +25.66%
1973 1.29B +528M +68.93%
1972 766M +246M +47.39%
1971 520M +74.01M +16.6%
1970 446M +2.86M +0.65%
1969 443M +106M +31.36%
1968 337M +85.21M +33.82%
1967 252M −27.29M −9.78%
1966 279M +26.82M +10.62%
1965 252M +6.67M +2.71%
1964 246M +3.52M +1.45%
1963 242M −62.94M −20.63%
1962 305M +305M
1961 0 +0
1960 0

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

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