Military expenditure (current USD), per unit of GDP in Argentina
Argentina: Military expenditure (current USD), per unit of GDP was 0.0065 current USD per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
0.0065 current USD per US$ of GDP
Change on year
down 12.9%
World rank
143rd
of 166 countries
All-time high
0.0842 current USD per US$ of GDP
in 1980
All-time low
0 current USD per US$ of GDP
in 1960
Years of data
65
1960–2024
Military expenditure (current USD), per unit of GDP in Argentina, 1960–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
Argentina recorded 0.0065 current USD per US$ of GDP for military expenditure (current usd), per unit of gdp in 2024.
That represents a change of down 12.9% on the previous year and down 30.8% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Argentina peaked at 0.0842 current USD per US$ of GDP in 1980 and was at its lowest, 0 current USD per US$ of GDP, in 1960.
That places Argentina 143rd out of 166 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), per unit of GDP in Argentina, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1960 | 0 current USD per US$ of GDP | — |
| 1961 | 0 current USD per US$ of GDP | — |
| 1962 | 0.0166 current USD per US$ of GDP | — |
| 1963 | 0.0133 current USD per US$ of GDP | -20.3% |
| 1964 | 0.0096 current USD per US$ of GDP | -27.6% |
| 1965 | 0.0089 current USD per US$ of GDP | -7.2% |
| 1966 | 0.0098 current USD per US$ of GDP | +9.5% |
| 1967 | 0.0104 current USD per US$ of GDP | +6.5% |
| 1968 | 0.0128 current USD per US$ of GDP | +22.8% |
| 1969 | 0.0142 current USD per US$ of GDP | +11.1% |
| 1970 | 0.0141 current USD per US$ of GDP | -0.4% |
| 1971 | 0.0156 current USD per US$ of GDP | +10.6% |
| 1972 | 0.0221 current USD per US$ of GDP | +41.3% |
| 1973 | 0.0246 current USD per US$ of GDP | +11.7% |
| 1974 | 0.0224 current USD per US$ of GDP | -8.9% |
| 1975 | 0.0152 current USD per US$ of GDP | -32.2% |
| 1976 | 0.0401 current USD per US$ of GDP | +163.2% |
| 1977 | 0.0362 current USD per US$ of GDP | -9.5% |
| 1978 | 0.0349 current USD per US$ of GDP | -3.8% |
| 1979 | 0.073 current USD per US$ of GDP | +109.5% |
| 1980 | 0.0842 current USD per US$ of GDP | +15.3% |
| 1981 | 0.0748 current USD per US$ of GDP | -11.2% |
| 1982 | 0.027 current USD per US$ of GDP | -63.8% |
| 1983 | 0.0274 current USD per US$ of GDP | +1.3% |
| 1984 | 0.0216 current USD per US$ of GDP | -21.1% |
| 1985 | 0.023 current USD per US$ of GDP | +6.4% |
| 1986 | 0.0231 current USD per US$ of GDP | +0.6% |
| 1987 | 0.0228 current USD per US$ of GDP | -1.3% |
| 1988 | 0.0212 current USD per US$ of GDP | -7.0% |
| 1989 | 0.0188 current USD per US$ of GDP | -11.5% |
| 1990 | 0.0145 current USD per US$ of GDP | -22.8% |
| 1991 | 0.0151 current USD per US$ of GDP | +3.9% |
| 1992 | 0.0142 current USD per US$ of GDP | -5.6% |
| 1993 | 0.0142 current USD per US$ of GDP | +0.0% |
| 1994 | 0.0146 current USD per US$ of GDP | +2.5% |
| 1995 | 0.0147 current USD per US$ of GDP | +1.0% |
| 1996 | 0.0124 current USD per US$ of GDP | -15.7% |
| 1997 | 0.0114 current USD per US$ of GDP | -8.1% |
| 1998 | 0.0114 current USD per US$ of GDP | -0.3% |
| 1999 | 0.0122 current USD per US$ of GDP | +7.4% |
| 2000 | 0.0115 current USD per US$ of GDP | -5.9% |
| 2001 | 0.0118 current USD per US$ of GDP | +3.1% |
| 2002 | 0.0114 current USD per US$ of GDP | -3.8% |
| 2003 | 0.0108 current USD per US$ of GDP | -5.5% |
| 2004 | 0.0089 current USD per US$ of GDP | -17.4% |
| 2005 | 0.0086 current USD per US$ of GDP | -3.9% |
| 2006 | 0.0079 current USD per US$ of GDP | -7.1% |
| 2007 | 0.008 current USD per US$ of GDP | +0.5% |
| 2008 | 0.0077 current USD per US$ of GDP | -3.4% |
| 2009 | 0.009 current USD per US$ of GDP | +16.1% |
| 2010 | 0.0082 current USD per US$ of GDP | -8.4% |
| 2011 | 0.0076 current USD per US$ of GDP | -6.8% |
| 2012 | 0.0084 current USD per US$ of GDP | +9.4% |
| 2013 | 0.0093 current USD per US$ of GDP | +11.4% |
| 2014 | 0.0095 current USD per US$ of GDP | +1.6% |
| 2015 | 0.0092 current USD per US$ of GDP | -2.6% |
| 2016 | 0.0081 current USD per US$ of GDP | -12.3% |
| 2017 | 0.0085 current USD per US$ of GDP | +4.9% |
| 2018 | 0.0073 current USD per US$ of GDP | -13.7% |
| 2019 | 0.007 current USD per US$ of GDP | -4.5% |
| 2020 | 0.0073 current USD per US$ of GDP | +4.9% |
| 2021 | 0.0063 current USD per US$ of GDP | -13.9% |
| 2022 | 0.0068 current USD per US$ of GDP | +8.3% |
| 2023 | 0.0075 current USD per US$ of GDP | +9.9% |
| 2024 | 0.0065 current USD per US$ of GDP | -12.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0095 current USD per US$ of GDP | 0 current USD per US$ of GDP | 0.0166 current USD per US$ of GDP | 10 |
| 1970s | 0.0298 current USD per US$ of GDP | 0.0141 current USD per US$ of GDP | 0.073 current USD per US$ of GDP | 10 |
| 1980s | 0.0344 current USD per US$ of GDP | 0.0188 current USD per US$ of GDP | 0.0842 current USD per US$ of GDP | 10 |
| 1990s | 0.0135 current USD per US$ of GDP | 0.0114 current USD per US$ of GDP | 0.0151 current USD per US$ of GDP | 10 |
| 2000s | 0.0096 current USD per US$ of GDP | 0.0077 current USD per US$ of GDP | 0.0118 current USD per US$ of GDP | 10 |
| 2010s | 0.0083 current USD per US$ of GDP | 0.007 current USD per US$ of GDP | 0.0095 current USD per US$ of GDP | 10 |
| 2020s | 0.0069 current USD per US$ of GDP | 0.0063 current USD per US$ of GDP | 0.0075 current USD per US$ of GDP | 5 |
Countries ranked near Argentina
- 140 South Africa 0.0071 current USD per US$ of GDP compare
- 141 Switzerland 0.0069 current USD per US$ of GDP compare
- 142 Madagascar 0.0069 current USD per US$ of GDP compare
- 144 Cape Verde 0.0062 current USD per US$ of GDP compare
- 145 Egypt 0.0062 current USD per US$ of GDP compare
- 146 Ethiopia 0.0062 current USD per US$ of GDP 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), annual growth rate -14.43 % change on previous year (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), per unit of gdp in Argentina?
- Military expenditure (current usd), per unit of gdp in Argentina was 0.0065 current USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in Argentina?
- The highest recorded value was 0.0842 current USD per US$ of GDP in 1980.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Argentina?
- The lowest recorded value was 0 current USD per US$ of GDP in 1960.
- How does Argentina rank for military expenditure (current usd), per unit of gdp?
- Argentina ranks 143rd out of 166 countries with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Argentina?
- Over the last ten years it is down 30.8%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.