Military expenditure in Argentina
Argentina: Military expenditure was 0.6% in 2024. ◆ Volatile
Latest (2024)
0.6%
Change on year
down 18.2%
World rank
148th
of 164 countries
All-time high
4.7%
in 1978
All-time low
0.6%
in 2024
Years of data
65
1960–2024
Military expenditure in Argentina, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.
Analysis
Argentina recorded 0.6% for military expenditure in 2024. That is the lowest value across all 65 years on record.
That represents a change of down 18.2% on the previous year and down 29.6% over ten years.
Over the whole period, military expenditure in Argentina peaked at 4.7% in 1978 and was at its lowest, 0.6%, in 2024.
That places Argentina 148th 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 in Argentina, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 1.6% | — |
| 1961 | 2.1% | +38.1% |
| 1962 | 2.7% | +24.3% |
| 1963 | 1.7% | -36.8% |
| 1964 | 1.1% | -31.5% |
| 1965 | 1.1% | -7.0% |
| 1966 | 1.2% | +9.2% |
| 1967 | 1.4% | +19.9% |
| 1968 | 1.7% | +20.4% |
| 1969 | 1.9% | +14.9% |
| 1970 | 1.9% | -3.1% |
| 1971 | 1.8% | -3.7% |
| 1972 | 1.8% | +0.9% |
| 1973 | 1.8% | +1.4% |
| 1974 | 1.7% | -10.2% |
| 1975 | 2.0% | +23.1% |
| 1976 | 3.8% | +85.2% |
| 1977 | 4.0% | +6.0% |
| 1978 | 4.7% | +17.7% |
| 1979 | 4.7% | -1.0% |
| 1980 | 3.1% | -33.7% |
| 1981 | 3.5% | +11.8% |
| 1982 | 2.7% | -22.0% |
| 1983 | 2.7% | +1.3% |
| 1984 | 2.2% | -21.1% |
| 1985 | 2.3% | +6.4% |
| 1986 | 2.3% | +0.6% |
| 1987 | 2.3% | -1.3% |
| 1988 | 2.1% | -7.0% |
| 1989 | 1.9% | -11.5% |
| 1990 | 1.5% | -22.8% |
| 1991 | 1.5% | +3.9% |
| 1992 | 1.4% | -5.7% |
| 1993 | 1.4% | +0.1% |
| 1994 | 1.5% | +2.4% |
| 1995 | 1.5% | +1.1% |
| 1996 | 1.2% | -15.7% |
| 1997 | 1.1% | -8.1% |
| 1998 | 1.1% | -0.3% |
| 1999 | 1.2% | +7.4% |
| 2000 | 1.1% | -5.9% |
| 2001 | 1.2% | +3.1% |
| 2002 | 1.1% | -7.8% |
| 2003 | 1.1% | -2.8% |
| 2004 | 0.9% | -16.7% |
| 2005 | 0.8% | -4.1% |
| 2006 | 0.8% | -7.0% |
| 2007 | 0.8% | +0.5% |
| 2008 | 0.8% | -3.8% |
| 2009 | 0.9% | +16.2% |
| 2010 | 0.8% | -8.1% |
| 2011 | 0.8% | -6.2% |
| 2012 | 0.8% | +2.7% |
| 2013 | 0.8% | +6.7% |
| 2014 | 0.9% | +4.8% |
| 2015 | 0.9% | -3.2% |
| 2016 | 0.8% | -4.8% |
| 2017 | 0.8% | +4.8% |
| 2018 | 0.7% | -13.6% |
| 2019 | 0.7% | -4.5% |
| 2020 | 0.7% | +4.9% |
| 2021 | 0.6% | -13.9% |
| 2022 | 0.7% | +8.4% |
| 2023 | 0.8% | +10.4% |
| 2024 | 0.6% | -18.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.6% | 1.1% | 2.7% | 10 |
| 1970s | 2.8% | 1.7% | 4.7% | 10 |
| 1980s | 2.5% | 1.9% | 3.5% | 10 |
| 1990s | 1.3% | 1.1% | 1.5% | 10 |
| 2000s | 0.9% | 0.8% | 1.2% | 10 |
| 2010s | 0.8% | 0.7% | 0.9% | 10 |
| 2020s | 0.7% | 0.6% | 0.8% | 5 |
Countries ranked near Argentina
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), 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)
Frequently asked questions
- What is military expenditure in Argentina?
- Military expenditure in Argentina was 0.6% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Argentina?
- The highest recorded value was 4.7% in 1978.
- What is the lowest military expenditure recorded in Argentina?
- The lowest recorded value was 0.6% in 2024.
- How does Argentina rank for military expenditure?
- Argentina ranks 148th out of 164 countries with data for 2024.
- Is military expenditure rising or falling in Argentina?
- Over the last ten years it is down 29.6%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Military expenditure by country as percentage of gross domestic product