Military expenditure (current USD), annual growth rate in Argentina
Argentina: Military expenditure (current USD), annual growth rate was -14.43 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-14.43 % change on previous year
Change on year
down 215.1%
World rank
147th
of 164 countries
All-time high
156.81 % change on previous year
in 1976
All-time low
-65 % change on previous year
in 2002
Years of data
62
1963–2024
Military expenditure (current USD), annual growth rate in Argentina, 1963–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, military expenditure (current usd), annual growth rate in Argentina stood at -14.43 % change on previous year.
Compared with earlier readings it is down 215.1% on the previous year and down 367.8% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Argentina peaked at 156.81 % change on previous year in 1976 and was at its lowest, -65 % change on previous year, in 2002.
That places Argentina 147th out of 164 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), annual growth rate in Argentina, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1963 | -20.63 % change on previous year | — |
| 1964 | 1.45 % change on previous year | -107.0% |
| 1965 | 2.71 % change on previous year | +86.7% |
| 1966 | 10.62 % change on previous year | +291.6% |
| 1967 | -9.77 % change on previous year | -192.0% |
| 1968 | 33.82 % change on previous year | -446.0% |
| 1969 | 31.36 % change on previous year | -7.3% |
| 1970 | 0.6451 % change on previous year | -97.9% |
| 1971 | 16.6 % change on previous year | +2473.7% |
| 1972 | 47.39 % change on previous year | +185.4% |
| 1973 | 68.93 % change on previous year | +45.5% |
| 1974 | 25.66 % change on previous year | -62.8% |
| 1975 | -50.9 % change on previous year | -298.4% |
| 1976 | 156.81 % change on previous year | -408.1% |
| 1977 | 0.3887 % change on previous year | -99.8% |
| 1978 | 50.81 % change on previous year | +12970.5% |
| 1979 | 62.92 % change on previous year | +23.8% |
| 1980 | 28.09 % change on previous year | -55.4% |
| 1981 | -9.18 % change on previous year | -132.7% |
| 1982 | -61.24 % change on previous year | +567.2% |
| 1983 | 24.92 % change on previous year | -140.7% |
| 1984 | -11.25 % change on previous year | -145.1% |
| 1985 | -19.8 % change on previous year | +76.1% |
| 1986 | 20.83 % change on previous year | -205.2% |
| 1987 | 1.47 % change on previous year | -92.9% |
| 1988 | 8.48 % change on previous year | +475.0% |
| 1989 | -46.56 % change on previous year | -649.3% |
| 1990 | 42.33 % change on previous year | -190.9% |
| 1991 | 39.39 % change on previous year | -7.0% |
| 1992 | 13.84 % change on previous year | -64.9% |
| 1993 | 3.51 % change on previous year | -74.7% |
| 1994 | 11.46 % change on previous year | +227.0% |
| 1995 | 1.26 % change on previous year | -89.0% |
| 1996 | -11.12 % change on previous year | -984.1% |
| 1997 | -1.14 % change on previous year | -89.8% |
| 1998 | 1.74 % change on previous year | -252.6% |
| 1999 | 1.85 % change on previous year | +6.8% |
| 2000 | -5.64 % change on previous year | -403.9% |
| 2001 | -2.54 % change on previous year | -54.9% |
| 2002 | -65 % change on previous year | +2457.1% |
| 2003 | 23.4 % change on previous year | -136.0% |
| 2004 | 6.61 % change on previous year | -71.7% |
| 2005 | 15.95 % change on previous year | +141.1% |
| 2006 | 8.71 % change on previous year | -45.4% |
| 2007 | 24.3 % change on previous year | +179.1% |
| 2008 | 21.45 % change on previous year | -11.7% |
| 2009 | 6.92 % change on previous year | -67.8% |
| 2010 | 16.55 % change on previous year | +139.3% |
| 2011 | 16.59 % change on previous year | +0.2% |
| 2012 | 12.62 % change on previous year | -23.9% |
| 2013 | 12.6 % change on previous year | -0.2% |
| 2014 | -3.09 % change on previous year | -124.5% |
| 2015 | 10.11 % change on previous year | -427.5% |
| 2016 | -17.75 % change on previous year | -275.6% |
| 2017 | 21.07 % change on previous year | -218.7% |
| 2018 | -29.61 % change on previous year | -240.6% |
| 2019 | -18.48 % change on previous year | -37.6% |
| 2020 | -9.63 % change on previous year | -47.9% |
| 2021 | 8.57 % change on previous year | -188.9% |
| 2022 | 41.15 % change on previous year | +380.4% |
| 2023 | 12.54 % change on previous year | -69.5% |
| 2024 | -14.43 % change on previous year | -215.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.08 % change on previous year | -20.63 % change on previous year | 33.82 % change on previous year | 7 |
| 1970s | 37.92 % change on previous year | -50.9 % change on previous year | 156.81 % change on previous year | 10 |
| 1980s | -6.42 % change on previous year | -61.24 % change on previous year | 28.09 % change on previous year | 10 |
| 1990s | 10.31 % change on previous year | -11.12 % change on previous year | 42.33 % change on previous year | 10 |
| 2000s | 3.41 % change on previous year | -65 % change on previous year | 24.3 % change on previous year | 10 |
| 2010s | 2.06 % change on previous year | -29.61 % change on previous year | 21.07 % change on previous year | 10 |
| 2020s | 7.64 % change on previous year | -14.43 % change on previous year | 41.15 % change on previous year | 5 |
Countries ranked near Argentina
- 144 Chile -6.67 % change on previous year compare
- 145 Zambia -7.29 % change on previous year compare
- 146 Tajikistan -13.57 % change on previous year compare
- 148 Bahrain -14.7 % change on previous year compare
- 149 Timor-Leste -15.81 % change on previous year compare
- 150 Seychelles -19.16 % change on previous year compare
More public sector data for Argentina
- Arms imports 43.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.941 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 104.76 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 43.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 91.42 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0065 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 4.18 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 7.67 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 1,784 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Argentina?
- Military expenditure (current usd), annual growth rate in Argentina was -14.43 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Argentina?
- The highest recorded value was 156.81 % change on previous year in 1976.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Argentina?
- The lowest recorded value was -65 % change on previous year in 2002.
- How does Argentina rank for military expenditure (current usd), annual growth rate?
- Argentina ranks 147th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Argentina?
- Over the last ten years it is down 367.8%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.