Military expenditure in dollars — all countries

Military expenditure in dollars — Armenia

Military expenditure in dollars in Armenia in 2024 — 1,418,011,711 US$. Ranked 68 in the world out of 151.

2024 1.42B US$ +6.92% vs 2023
World rank 68of 151
Period maximum 1.42B US$2024
Period minimum 0 US$1992

Trend over time

1992–2024 · US$

Military expenditure in dollars — Armenia, 1992–20240500M1B1.5B1992199620002004200820122016202020241992: 0 US$1993: 9,829,764 US$1995: 52,228,584 US$1996: 52,410,269 US$1997: 64,062,121 US$1998: 66,757,573 US$1999: 68,234,149 US$2000: 68,052,142 US$2001: 66,247,626 US$2002: 64,106,406 US$2003: 76,587,999 US$2004: 98,070,488 US$2005: 140,738,103 US$2006: 188,189,116 US$2007: 280,108,688 US$2008: 395,994,365 US$2009: 359,499,343 US$2010: 395,011,508 US$2011: 390,871,434 US$2012: 380,571,679 US$2013: 444,551,860 US$2014: 457,807,022 US$2015: 447,379,808 US$2016: 431,396,219 US$2017: 443,610,413 US$2018: 513,252,026 US$2019: 652,000,175 US$2020: 633,960,400 US$2021: 619,435,472 US$2022: 795,201,580 US$2023: 1,326,245,679 US$2024: 1,418,011,711 US$
Change over the period: +1.42B

Comparison, 2024

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

Armenia 1.42B US$
World 2.65T US$
Western Asia computed 183B US$
Upper-middle-income countries computed 471B US$
Military expenditure in dollars — Armenia, by year Armenia All countries CSV XLSX
Year US$ Change Change, %
2024 1.42B +91.77M +6.92%
2023 1.33B +531M +66.78%
2022 795M +176M +28.38%
2021 619M −14.52M −2.29%
2020 634M −18.04M −2.77%
2019 652M +139M +27.03%
2018 513M +69.64M +15.7%
2017 444M +12.21M +2.83%
2016 431M −15.98M −3.57%
2015 447M −10.43M −2.28%
2014 458M +13.26M +2.98%
2013 445M +63.98M +16.81%
2012 381M −10.3M −2.64%
2011 391M −4.14M −1.05%
2010 395M +35.51M +9.88%
2009 359M −36.5M −9.22%
2008 396M +116M +41.37%
2007 280M +91.92M +48.84%
2006 188M +47.45M +33.72%
2005 141M +42.67M +43.51%
2004 98.07M +21.48M +28.05%
2003 76.59M +12.48M +19.47%
2002 64.11M −2.14M −3.23%
2001 66.25M −1.8M −2.65%
2000 68.05M −182,007 −0.27%
1999 68.23M +1.48M +2.21%
1998 66.76M +2.7M +4.21%
1997 64.06M +11.65M +22.23%
1996 52.41M +181,685 +0.35%
1995 52.23M
1993 9.83M +9.83M
1992 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.