Military expenditure (current USD), annual growth rate in Armenia

Armenia: Military expenditure (current USD), annual growth rate was 6.92 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6.92 % change on previous year
Change on year
down 89.6%
World rank
87th
of 164 countries
All-time high
66.78 % change on previous year
in 2023
All-time low
-9.22 % change on previous year
in 2009
Years of data
29
1996–2024

Military expenditure (current USD), annual growth rate in Armenia, 1996–2024

02040601996201020241996: 0.348 % change on previous year1997: 22.2 % change on previous year1998: 4.2 % change on previous year1999: 2.2 % change on previous year2000: -0.267 % change on previous year2001: -2.7 % change on previous year2002: -3.2 % change on previous year2003: 19.5 % change on previous year2004: 28 % change on previous year2005: 43.5 % change on previous year2006: 33.7 % change on previous year2007: 48.8 % change on previous year2008: 41.4 % change on previous year2009: -9.2 % change on previous year2010: 9.9 % change on previous year2011: -1 % change on previous year2012: -2.6 % change on previous year2013: 16.8 % change on previous year2014: 3 % change on previous year2015: -2.3 % change on previous year2016: -3.6 % change on previous year2017: 2.8 % change on previous year2018: 15.7 % change on previous year2019: 27 % change on previous year2020: -2.8 % change on previous year2021: -2.3 % change on previous year2022: 28.4 % change on previous year2023: 66.8 % change on previous year2024: 6.9 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for military expenditure (current usd), annual growth rate in Armenia is 6.92 % change on previous year, measured in 2024.

Compared with earlier readings it is down 89.6% on the previous year and up 132.0% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Armenia peaked at 66.78 % change on previous year in 2023 and was at its lowest, -9.22 % change on previous year, in 2009.

Armenia ranks 87th of 164 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current USD), annual growth rate in Armenia, year by year

Annual values for Military expenditure (current USD), annual growth rate in Armenia, 1996 to 2024.
Year % change on previous year Change
1996 0.3479 % change on previous year
1997 22.23 % change on previous year +6290.4%
1998 4.21 % change on previous year -81.1%
1999 2.21 % change on previous year -47.4%
2000 -0.2669 % change on previous year -112.1%
2001 -2.65 % change on previous year +893.6%
2002 -3.23 % change on previous year +21.9%
2003 19.47 % change on previous year -702.4%
2004 28.05 % change on previous year +44.1%
2005 43.51 % change on previous year +55.1%
2006 33.72 % change on previous year -22.5%
2007 48.84 % change on previous year +44.9%
2008 41.37 % change on previous year -15.3%
2009 -9.22 % change on previous year -122.3%
2010 9.88 % change on previous year -207.2%
2011 -1.05 % change on previous year -110.6%
2012 -2.63 % change on previous year +151.3%
2013 16.81 % change on previous year -738.0%
2014 2.98 % change on previous year -82.3%
2015 -2.28 % change on previous year -176.4%
2016 -3.57 % change on previous year +56.9%
2017 2.83 % change on previous year -179.2%
2018 15.7 % change on previous year +454.5%
2019 27.03 % change on previous year +72.2%
2020 -2.77 % change on previous year -110.2%
2021 -2.29 % change on previous year -17.2%
2022 28.38 % change on previous year -1338.5%
2023 66.78 % change on previous year +135.3%
2024 6.92 % change on previous year -89.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 7.25 % change on previous year 0.3479 % change on previous year 22.23 % change on previous year 4
2000s 19.96 % change on previous year -9.22 % change on previous year 48.84 % change on previous year 10
2010s 6.57 % change on previous year -3.57 % change on previous year 27.03 % change on previous year 10
2020s 19.4 % change on previous year -2.77 % change on previous year 66.78 % change on previous year 5

Countries ranked near Armenia

  1. 84 Cambodia 7.87 % change on previous year compare
  2. 85 Canada 7.78 % change on previous year compare
  3. 86 Cyprus 7.03 % change on previous year compare
  4. 88 Switzerland 6.89 % change on previous year compare
  5. 89 Iran, Islamic Republic of 6.78 % change on previous year compare
  6. 90 Namibia 6.77 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Armenia

All data for Armenia →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Armenia?
Military expenditure (current usd), annual growth rate in Armenia was 6.92 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Armenia?
The highest recorded value was 66.78 % change on previous year in 2023.
What is the lowest military expenditure (current usd), annual growth rate recorded in Armenia?
The lowest recorded value was -9.22 % change on previous year in 2009.
How does Armenia rank for military expenditure (current usd), annual growth rate?
Armenia ranks 87th out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Armenia?
Over the last ten years it is up 132.0%. The long-run trend across the full record is volatile.
Where does this Armenia 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.

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Military expenditure (current USD), annual growth rate in Armenia. Statizoid, drawing on Statizoid (derived). Retrieved 25 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/armenia/

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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

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

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

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.