Argentina vs Malaysia: Military spending

Argentina
4.45 billion constant 2022 US$
in 2023
Malaysia
4.68 billion constant 2022 US$
in 2023
Argentina rank
54th
Malaysia rank
53rd

Military spending over time

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

How they compare

Malaysia currently reports 4.68 billion constant 2022 US$ against 4.45 billion constant 2022 US$ in Argentina, a difference of 227.76 million constant 2022 US$.

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

The two have swapped places 5 times across 67 shared years of data; in 1957 it was Argentina ahead.

Argentina ranks 54th and Malaysia ranks 53rd of 172 countries.

Across the 8 decades both report, Argentina averaged higher in 6 and Malaysia in 2.

Head to head by decade

Decade Argentina Malaysia Difference Ahead
1950s 2.70 billion constant 2022 US$ 401.02 million constant 2022 US$ 2.30 billion constant 2022 US$ Argentina
1960s 2.58 billion constant 2022 US$ 579.70 million constant 2022 US$ 2.00 billion constant 2022 US$ Argentina
1970s 3.96 billion constant 2022 US$ 1.59 billion constant 2022 US$ 2.37 billion constant 2022 US$ Argentina
1980s 7.33 billion constant 2022 US$ 2.84 billion constant 2022 US$ 4.49 billion constant 2022 US$ Argentina
1990s 5.76 billion constant 2022 US$ 3.66 billion constant 2022 US$ 2.10 billion constant 2022 US$ Argentina
2000s 3.27 billion constant 2022 US$ 4.18 billion constant 2022 US$ 910.62 million constant 2022 US$ Malaysia
2010s 5.33 billion constant 2022 US$ 4.99 billion constant 2022 US$ 338.79 million constant 2022 US$ Argentina
2020s 4.41 billion constant 2022 US$ 4.54 billion constant 2022 US$ 128.89 million constant 2022 US$ Malaysia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Argentina or Malaysia?
Malaysia, at 4.68 billion constant 2022 US$ against 4.45 billion constant 2022 US$ in Argentina as of 2023.
What is the difference in military spending between Argentina and Malaysia?
227.76 million constant 2022 US$, with Malaysia ahead.
How many years of comparable data are there for Argentina and Malaysia?
67 years are reported by both, from 1957 to 2023.
How do Argentina and Malaysia rank globally for military spending?
Argentina ranks 54th and Malaysia ranks 53rd 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 Malaysia: 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/malaysia/

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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.