Armenia vs Peru: Military spending per armed forces personnel

Armenia
19,870 constant 2024 US$
in 2020
Peru
19,177 constant 2024 US$
in 2020
Armenia rank
95th
Peru rank
98th

Military spending per armed forces personnel over time

  • Armenia
  • Peru
020.0k40.0k60.0k198520022020

How they compare

Armenia currently reports 19,870 constant 2024 US$ against 19,177 constant 2024 US$ in Peru, a difference of 693 constant 2024 US$.

The two have swapped places 3 times across 28 shared years of data; in 1992 it was Peru ahead.

Armenia ranks 95th and Peru ranks 98th of 160 countries.

Across the 4 decades both report, Armenia averaged higher in 1 and Peru in 3.

Head to head by decade

Decade Armenia Peru Difference Ahead
1990s 4,460 constant 2024 US$ 12,693 constant 2024 US$ 8,232 constant 2024 US$ Peru
2000s 7,519 constant 2024 US$ 10,291 constant 2024 US$ 2,773 constant 2024 US$ Peru
2010s 13,356 constant 2024 US$ 18,568 constant 2024 US$ 5,212 constant 2024 US$ Peru
2020s 19,870 constant 2024 US$ 19,177 constant 2024 US$ 692.5 constant 2024 US$ Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending per armed forces personnel, Armenia or Peru?
Armenia, at 19,870 constant 2024 US$ against 19,177 constant 2024 US$ in Peru as of 2020.
What is the difference in military spending per armed forces personnel between Armenia and Peru?
693 constant 2024 US$, with Armenia ahead.
How many years of comparable data are there for Armenia and Peru?
28 years are reported by both, from 1992 to 2020.
How do Armenia and Peru rank globally for military spending per armed forces personnel?
Armenia ranks 95th and Peru ranks 98th of 160 countries.
Where does this data come from?
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as Military spending per armed forces personnel. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Military spending per armed forces personnel
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 4,610 data points, 1985–2020
Last refreshed

Total military expenditure divided by armed forces personnel. 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.