Argentina vs Nigeria: Military spending

Argentina
4.45 billion constant 2022 US$
in 2023
Nigeria
4.07 billion constant 2022 US$
in 2023
Argentina rank
54th
Nigeria rank
56th

Military spending over time

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

How they compare

Argentina currently reports 4.45 billion constant 2022 US$ against 4.07 billion constant 2022 US$ in Nigeria, a difference of 388.17 million constant 2022 US$.

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

The two have swapped places 4 times across 64 shared years of data; in 1960 it was Argentina ahead.

Argentina ranks 54th and Nigeria ranks 56th of 172 countries.

Across the 7 decades both report, Argentina averaged higher in 6 and Nigeria in 1.

Head to head by decade

Decade Argentina Nigeria Difference Ahead
1960s 2.58 billion constant 2022 US$ 883.67 million constant 2022 US$ 1.69 billion constant 2022 US$ Argentina
1970s 3.96 billion constant 2022 US$ 4.46 billion constant 2022 US$ 502.20 million constant 2022 US$ Nigeria
1980s 7.33 billion constant 2022 US$ 1.73 billion constant 2022 US$ 5.60 billion constant 2022 US$ Argentina
1990s 5.76 billion constant 2022 US$ 1.22 billion constant 2022 US$ 4.54 billion constant 2022 US$ Argentina
2000s 3.27 billion constant 2022 US$ 1.22 billion constant 2022 US$ 2.06 billion constant 2022 US$ Argentina
2010s 5.33 billion constant 2022 US$ 2.37 billion constant 2022 US$ 2.96 billion constant 2022 US$ Argentina
2020s 4.41 billion constant 2022 US$ 3.84 billion constant 2022 US$ 574.57 million constant 2022 US$ Argentina

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Argentina or Nigeria?
Argentina, at 4.45 billion constant 2022 US$ against 4.07 billion constant 2022 US$ in Nigeria as of 2023.
What is the difference in military spending between Argentina and Nigeria?
388.17 million constant 2022 US$, with Argentina ahead.
How many years of comparable data are there for Argentina and Nigeria?
64 years are reported by both, from 1960 to 2023.
How do Argentina and Nigeria rank globally for military spending?
Argentina ranks 54th and Nigeria ranks 56th 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.

Individual pages

Share, cite or embed this page

Cite this page

Argentina vs Nigeria: 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/nigeria/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/compare/military-spending-gmsd/argentina/nigeria/">Argentina vs Nigeria: Military spending</a> — Statizoid

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.