Argentina Military Expenditure
0.6%▼ −0.1%
Dec 2024 · Annual
Argentina's military expenditure fell to 0.62% of GDP in 2024, down from 0.76% in the previous year. The reading is the lowest on record since the series began in 1960, and remains far below the all-time high of 4.72% set in 1978.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 0.6% | 0.8% | 4.7%Dec 1978 | 0.6%Dec 2024 | 1960 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Debt to GDP | 80.3% | 84.7% | 154.6% | 25.0% | Dec 2025 | Annual |
| Military Expenditure (USD) | $4.2B | $4.9B | $6.5B | $0 | Dec 2024 | Annual |
About this series
Military Expenditure in Argentina averaged 1.0% from 1960 until 2024, reaching an all-time high of 4.7% in Dec 1978 and a record low of 0.6% in Dec 2024. The series is reported yearly with history from 1960.
Military expenditure is measured as a share of gross domestic product, reported annually. The data series for Argentina begins in 1960 and includes the latest observation for 2024. The indicator reflects the proportion of economic resources allocated to defense.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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