Argentina vs New Zealand: Military spending

Argentina
3.73 billion constant 2024 US$
in 2025
New Zealand
2.89 billion constant 2024 US$
in 2025
Argentina rank
55th
New Zealand rank
58th

Military spending over time

  • Argentina
  • New Zealand
05.0B10.0B15.0B194919872025

How they compare

Argentina currently reports 3.73 billion constant 2024 US$ against 2.89 billion constant 2024 US$ in New Zealand, a difference of 838.28 million constant 2024 US$.

That makes Argentina's figure about 1.3 times New Zealand's.

Across all 70 years both countries report, Argentina has been ahead every year.

Argentina ranks 55th and New Zealand ranks 58th of 162 countries.

Argentina has averaged higher in every one of the 8 decades both report.

Head to head by decade

Decade Argentina New Zealand Difference Ahead
1950s 3.85 billion constant 2024 US$ 1.20 billion constant 2024 US$ 2.65 billion constant 2024 US$ Argentina
1960s 3.41 billion constant 2024 US$ 1.37 billion constant 2024 US$ 2.03 billion constant 2024 US$ Argentina
1970s 8.36 billion constant 2024 US$ 1.74 billion constant 2024 US$ 6.62 billion constant 2024 US$ Argentina
1980s 10.66 billion constant 2024 US$ 2.30 billion constant 2024 US$ 8.36 billion constant 2024 US$ Argentina
1990s 4.75 billion constant 2024 US$ 2.10 billion constant 2024 US$ 2.65 billion constant 2024 US$ Argentina
2000s 4.11 billion constant 2024 US$ 1.96 billion constant 2024 US$ 2.14 billion constant 2024 US$ Argentina
2010s 4.96 billion constant 2024 US$ 2.19 billion constant 2024 US$ 2.76 billion constant 2024 US$ Argentina
2020s 4.31 billion constant 2024 US$ 3.00 billion constant 2024 US$ 1.31 billion constant 2024 US$ Argentina

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Argentina or New Zealand?
Argentina, at 3.73 billion constant 2024 US$ against 2.89 billion constant 2024 US$ in New Zealand as of 2025.
What is the difference in military spending between Argentina and New Zealand?
838.28 million constant 2024 US$, with Argentina ahead.
How many years of comparable data are there for Argentina and New Zealand?
70 years are reported by both, from 1956 to 2025.
How do Argentina and New Zealand rank globally for military spending?
Argentina ranks 55th and New Zealand ranks 58th of 162 countries.
Where does this data come from?
Stockholm International Peace Research Institute (2026) – 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 New Zealand: Military spending. Statizoid, drawing on Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Retrieved 28 September 2026, from https://reference.statizoid.com/compare/military-spending-sipri/argentina/new-zealand/

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About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
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.