Statizoid

Argentina vs Portugal: Military spending

Argentina
4.45 billion constant 2022 US$
in 2023
Portugal
4.74 billion constant 2022 US$
in 2023
Argentina rank
54th
Portugal rank
52nd

Military spending over time

  • Argentina
  • Portugal
02.5B5.0B7.5B10.0B181619192023

How they compare

Portugal currently reports 4.74 billion constant 2022 US$ against 4.45 billion constant 2022 US$ in Argentina, a difference of 287.19 million constant 2022 US$.

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

The two have swapped places 10 times across 183 shared years of data; in 1841 it was Portugal ahead.

Argentina ranks 54th and Portugal ranks 52nd 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.