Statizoid

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.

Individual pages

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.