Argentina vs Libya: Military spending

Argentina
4.45 billion constant 2022 US$
in 2023
Libya
4.78 billion constant 2022 US$
in 2016
Argentina rank
54th
Libya rank
51st

Military spending over time

  • Argentina
  • Libya
02.5B5.0B7.5B10.0B184119322023

How they compare

Libya currently reports 4.78 billion constant 2022 US$ against 4.45 billion constant 2022 US$ in Argentina, a difference of 330.37 million constant 2022 US$.

That makes Libya's figure about 1.1 times Argentina's.

The two have swapped places 2 times across 66 shared years of data; in 1951 it was Argentina ahead.

Argentina ranks 54th and Libya ranks 51st of 172 countries.

Argentina has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Argentina Libya Difference Ahead
1950s 3.51 billion constant 2022 US$ 36.25 million constant 2022 US$ 3.47 billion constant 2022 US$ Argentina
1960s 2.58 billion constant 2022 US$ 196.97 million constant 2022 US$ 2.38 billion constant 2022 US$ Argentina
1970s 3.96 billion constant 2022 US$ 1.61 billion constant 2022 US$ 2.35 billion constant 2022 US$ Argentina
1980s 7.33 billion constant 2022 US$ 4.60 billion constant 2022 US$ 2.73 billion constant 2022 US$ Argentina
1990s 5.76 billion constant 2022 US$ 2.63 billion constant 2022 US$ 3.13 billion constant 2022 US$ Argentina
2000s 3.27 billion constant 2022 US$ 1.11 billion constant 2022 US$ 2.16 billion constant 2022 US$ Argentina
2010s 5.30 billion constant 2022 US$ 4.05 billion constant 2022 US$ 1.24 billion constant 2022 US$ Argentina

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Argentina or Libya?
Libya, at 4.78 billion constant 2022 US$ against 4.45 billion constant 2022 US$ in Argentina as of 2016.
What is the difference in military spending between Argentina and Libya?
330.37 million constant 2022 US$, with Libya ahead.
How many years of comparable data are there for Argentina and Libya?
66 years are reported by both, from 1951 to 2016.
How do Argentina and Libya rank globally for military spending?
Argentina ranks 54th and Libya ranks 51st of 172 countries.
Where does this data come from?
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Argentina vs Libya: Military spending. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/argentina/libya/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.