What is the difference in military expenditure between Argentina and Chile?

995.88 billion current LCU, with Chile ahead.

How many years of comparable data are there for Argentina and Chile?

65 years are reported by both, from 1960 to 2024.

Where does this data come from?

SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Argentina vs Chile: Military expenditure

Argentina

3.82 trillion current LCU

in 2024

Chile

4.82 trillion current LCU

in 2024

Argentina rank

17th

Chile rank

15th

Military expenditure over time

Argentina
Chile

How they compare

Chile currently reports 4.82 trillion current LCU against 3.82 trillion current LCU in Argentina, a difference of 995.88 billion current LCU.

That makes Chile's figure about 1.3 times Argentina's.

Across all 65 years both countries report, Chile has been ahead every year.

Argentina ranks 17th and Chile ranks 15th of 167 countries.

Chile has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade	Argentina	Chile	Difference	Ahead
1960s	0.0059 current LCU	599,000 current LCU	599,000 current LCU	Chile
1970s	10.31 current LCU	11.26 billion current LCU	11.26 billion current LCU	Chile
1980s	6.43 million current LCU	169.41 billion current LCU	169.40 billion current LCU	Chile
1990s	3.14 billion current LCU	664.99 billion current LCU	661.85 billion current LCU	Chile
2000s	5.57 billion current LCU	1.71 trillion current LCU	1.71 trillion current LCU	Chile
2010s	58.56 billion current LCU	3.05 trillion current LCU	2.99 trillion current LCU	Chile
2020s	1.27 trillion current LCU	4.32 trillion current LCU	3.05 trillion current LCU	Chile

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Argentina or Chile?: Chile, at 4.82 trillion current LCU against 3.82 trillion current LCU in Argentina as of 2024.
What is the difference in military expenditure between Argentina and Chile?: 995.88 billion current LCU, with Chile ahead.
How many years of comparable data are there for Argentina and Chile?: 65 years are reported by both, from 1960 to 2024.
How do Argentina and Chile rank globally for military expenditure?: Argentina ranks 17th and Chile ranks 15th of 167 countries.
Where does this data come from?: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Argentina vs Chile: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 18 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/argentina/chile/

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About this data

Indicator: Military expenditure (current LCU)
Unit: current LCU
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 167 places, 8,248 data points, 1960–2024
Last refreshed: 06 August 2026

Military expenditure in local currency at current prices (by calendar year)