Argentina Military Expenditure (USD)
$4.2B▼ −$704.7M
Dec 2024 · Annual
Argentina's military expenditure totaled USD 4.18 billion in 2024, a decrease from USD 4.88 billion in 2023. The annual figure is below the all-time high of USD 6.48 billion set in 1980 and above the all-time low of zero recorded in 1961. The series begins in 1960.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| $4.2B | $4.9B | $6.5BDec 1980 | $0Dec 1961 | 1960 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Military Expenditure | 0.6% | 0.8% | 4.7% | 0.6% | Dec 2024 | Annual |
| GDP | $683.1B | $638.4B | $683.1B | $15.9B | Dec 2025 | Annual |
About this series
Military Expenditure (USD) in Argentina averaged $3.4B from 1960 until 2024, reaching an all-time high of $6.5B in Dec 1980 and a record low of $0 in Dec 1961. The series is reported yearly with history from 1960.
Military expenditure measures annual outlays of a country's armed forces, including personnel, operations, equipment, and related defense activities. For Argentina, the indicator is expressed in current US dollars and is reported annually. The series spans from 1960 to 2024, with the unit being US dollars.
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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