Military expenditure (current USD) in Armenia

Armenia: Military expenditure was 1.42 billion current USD in 2024. ◆ Volatile

Latest (2024)
1.42 billion current USD
Change on year
up 6.9%
World rank
76th
of 168 countries
All-time high
1.42 billion current USD
in 2024
All-time low
0 current USD
in 1992
Years of data
32
1992–2024

Military expenditure in Armenia, 1992–2024

0500.0M1.0B1.5B1992200820241992: 0 current USD1993: 9.8M current USD1995: 52.2M current USD1996: 52.4M current USD1997: 64.1M current USD1998: 66.8M current USD1999: 68.2M current USD2000: 68.1M current USD2001: 66.2M current USD2002: 64.1M current USD2003: 76.6M current USD2004: 98.1M current USD2005: 140.7M current USD2006: 188.2M current USD2007: 280.1M current USD2008: 396.0M current USD2009: 359.5M current USD2010: 395.0M current USD2011: 390.9M current USD2012: 380.6M current USD2013: 444.6M current USD2014: 457.8M current USD2015: 447.4M current USD2016: 431.4M current USD2017: 443.6M current USD2018: 513.3M current USD2019: 652.0M current USD2020: 634.0M current USD2021: 619.4M current USD2022: 795.2M current USD2023: 1.3B current USD2024: 1.4B current USD

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.

Analysis

In 2024, military expenditure in Armenia stood at 1.42 billion current USD. That is the highest value across all 32 years on record.

That represents a change of up 6.9% on the previous year and up 209.7% over ten years.

Over the whole period, military expenditure in Armenia peaked at 1.42 billion current USD in 2024 and was at its lowest, 0 current USD, in 1992.

That places Armenia 76th out of 168 countries with data for 2024, putting it in the middle of the range.

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

Military expenditure in Armenia, year by year

Annual values for Military expenditure (current USD) in Armenia, 1992 to 2024.
Year current USD Change
1992 0 current USD —
1993 9.83 million current USD —
1995 52.23 million current USD +431.3%
1996 52.41 million current USD +0.3%
1997 64.06 million current USD +22.2%
1998 66.76 million current USD +4.2%
1999 68.23 million current USD +2.2%
2000 68.05 million current USD -0.3%
2001 66.25 million current USD -2.7%
2002 64.11 million current USD -3.2%
2003 76.59 million current USD +19.5%
2004 98.07 million current USD +28.0%
2005 140.74 million current USD +43.5%
2006 188.19 million current USD +33.7%
2007 280.11 million current USD +48.8%
2008 395.99 million current USD +41.4%
2009 359.50 million current USD -9.2%
2010 395.01 million current USD +9.9%
2011 390.87 million current USD -1.0%
2012 380.57 million current USD -2.6%
2013 444.55 million current USD +16.8%
2014 457.81 million current USD +3.0%
2015 447.38 million current USD -2.3%
2016 431.40 million current USD -3.6%
2017 443.61 million current USD +2.8%
2018 513.25 million current USD +15.7%
2019 652.00 million current USD +27.0%
2020 633.96 million current USD -2.8%
2021 619.43 million current USD -2.3%
2022 795.20 million current USD +28.4%
2023 1.33 billion current USD +66.8%
2024 1.42 billion current USD +6.9%

Armenia compared with similar countries

  • Armenia's 1.42 billion current USD is above the median for upper middle income countries, which is 1.38 billion current USD, 1.0× the median. (48 countries reporting)
  • Armenia's 1.42 billion current USD is below the median for Europe & Central Asia, which is 2.63 billion current USD, 54% of the median. (49 countries reporting)

Biggest year-on-year movements

Years where Military expenditure in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1995 +431.3% 9.83 million current USD 52.23 million current USD

Averages by decade

DecadeAverage LowestHighest Years
1990s 44.79 million current USD 0 current USD 68.23 million current USD 7
2000s 173.76 million current USD 64.11 million current USD 395.99 million current USD 10
2010s 455.65 million current USD 380.57 million current USD 652.00 million current USD 10
2020s 958.57 million current USD 619.43 million current USD 1.42 billion current USD 5

Countries ranked near Armenia

  1. 73 Estonia 1.44 billion current USD compare
  2. 74 Uzbekistan 1.44 billion current USD compare
  3. 75 Latvia 1.43 billion current USD compare
  4. 77 Bahrain 1.38 billion current USD compare
  5. 78 Sri Lanka 1.33 billion current USD compare
  6. 79 Ireland 1.33 billion current USD compare

See the full ranking of 212 places →

More public sector data for Armenia

All data for Armenia →

Frequently asked questions

What is military expenditure in Armenia?
Military expenditure in Armenia was 1.42 billion current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Armenia?
The highest recorded value was 1.42 billion current USD in 2024.
What is the lowest military expenditure recorded in Armenia?
The lowest recorded value was 0 current USD in 1992.
How does Armenia rank for military expenditure?
Armenia ranks 76th out of 168 countries with data for 2024.
Is military expenditure rising or falling in Armenia?
Over the last ten years it is up 209.7%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.

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Military expenditure in Armenia. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd/armenia/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
212 places, 10,618 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)