Argentina Military Spending/Defense Budget 1960-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Argentina military spending/defense budget for 2022 was $2.58B, a 16.13% decline from 2021.
  • Argentina military spending/defense budget for 2021 was $3.07B, a 8.57% increase from 2020.
  • Argentina military spending/defense budget for 2020 was $2.83B, a 9.63% decline from 2019.
  • Argentina military spending/defense budget for 2019 was $3.13B, a 18.48% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $876.94B
Saudi Arabia $75.01B
United Kingdom $68.46B
Germany $55.76B
France $53.64B
South Korea $46.37B
Japan $45.99B
Italy $33.49B
Australia $32.30B
Canada $26.90B
Israel $23.41B
Spain $20.31B
Poland $16.57B
Netherlands $15.61B
Qatar $15.41B
Singapore $11.69B
Norway $8.39B
Kuwait $8.24B
Greece $8.10B
Sweden $7.72B
Belgium $6.87B
Switzerland $6.15B
Oman $5.78B
Chile $5.57B
Denmark $5.47B
Finland $4.82B
Czech Republic $4.01B
Austria $3.63B
Portugal $3.50B
New Zealand $2.83B
Argentina $2.58B
Hungary $2.57B
Slovak Republic $1.99B
Lithuania $1.73B
Bahrain $1.38B
Uruguay $1.38B
Croatia $1.31B
Ireland $1.16B
Latvia $0.85B
Estonia $0.81B
Slovenia $0.74B
Luxembourg $0.56B
Cyprus $0.49B
Brunei $0.44B
Trinidad and Tobago $0.20B
Malta $0.09B
Seychelles $0.03B
Iceland $0.00B
Panama $0.00B
Argentina Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2022 $2.58B 0.41%
2021 $3.07B 0.63%
2020 $2.83B 0.73%
2019 $3.13B 0.70%
2018 $3.84B 0.73%
2017 $5.46B 0.86%
2016 $4.51B 0.81%
2015 $5.48B 0.85%
2014 $4.98B 0.88%
2013 $5.14B 0.84%
2012 $4.56B 0.78%
2011 $4.05B 0.76%
2010 $3.48B 0.81%
2009 $2.98B 0.89%
2008 $2.79B 0.76%
2007 $2.30B 0.79%
2006 $1.85B 0.79%
2005 $1.70B 0.85%
2004 $1.47B 0.88%
2003 $1.37B 1.06%
2002 $1.11B 1.09%
2001 $3.18B 1.18%
2000 $3.27B 1.15%
1999 $3.46B 1.22%
1998 $3.40B 1.14%
1997 $3.34B 1.14%
1996 $3.38B 1.24%
1995 $3.80B 1.47%
1994 $3.75B 1.46%
1993 $3.37B 1.42%
1992 $3.25B 1.42%
1991 $2.86B 1.51%
1990 $2.05B 1.45%
1989 $1.44B 1.88%
1988 $2.70B 2.12%
1987 $2.49B 2.28%
1986 $2.45B 2.31%
1985 $2.03B 2.30%
1984 $2.53B 2.16%
1983 $2.85B 2.74%
1982 $2.28B 2.70%
1981 $5.88B 3.47%
1980 $6.48B 3.10%
1979 $5.06B 4.67%
1978 $3.10B 4.72%
1977 $2.06B 4.01%
1976 $2.05B 3.78%
1975 $0.80B 2.04%
1974 $1.63B 1.66%
1973 $1.29B 1.85%
1972 $0.77B 1.82%
1971 $0.52B 1.81%
1970 $0.45B 1.88%
1969 $0.44B 1.94%
1968 $0.34B 1.69%
1967 $0.25B 1.40%
1966 $0.28B 1.17%
1965 $0.25B 1.07%
1964 $0.25B 1.15%
1963 $0.24B 1.68%
1962 $0.31B 2.66%
1961 $0.00B 2.14%
1960 $0.00B 1.55%