Military spending in Argentina
Argentina: Military spending was 4.45 billion constant 2022 US$ in 2023. ◆ Volatile
Latest (2023)
4.45 billion constant 2022 US$
Change on year
up 0.2%
World rank
54th
of 172 countries
All-time high
10.93 billion constant 2022 US$
in 1982
All-time low
11.93 million constant 2022 US$
in 1875
Years of data
183
1841–2023
Military spending in Argentina, 1841–2023
Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
The most recent figure for military spending in Argentina is 4.45 billion constant 2022 US$, measured in 2023.
The figure is up 0.2% on the previous year and down 20.4% over ten years.
Over the whole period, military spending in Argentina peaked at 10.93 billion constant 2022 US$ in 1982 and was at its lowest, 11.93 million constant 2022 US$, in 1875.
That places Argentina 54th out of 172 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Argentina, year by year
| Year | constant 2022 US$ | Change |
|---|---|---|
| 1841 | 51.16 million constant 2022 US$ | — |
| 1842 | 38.01 million constant 2022 US$ | -25.7% |
| 1843 | 38.54 million constant 2022 US$ | +1.4% |
| 1844 | 38.03 million constant 2022 US$ | -1.3% |
| 1845 | 36.66 million constant 2022 US$ | -3.6% |
| 1846 | 36.74 million constant 2022 US$ | +0.2% |
| 1847 | 39.59 million constant 2022 US$ | +7.8% |
| 1848 | 43.67 million constant 2022 US$ | +10.3% |
| 1849 | 49.23 million constant 2022 US$ | +12.7% |
| 1850 | 51.56 million constant 2022 US$ | +4.7% |
| 1851 | 50.52 million constant 2022 US$ | -2.0% |
| 1852 | 47.90 million constant 2022 US$ | -5.2% |
| 1853 | 44.96 million constant 2022 US$ | -6.1% |
| 1854 | 40.75 million constant 2022 US$ | -9.4% |
| 1855 | 36.58 million constant 2022 US$ | -10.2% |
| 1856 | 35.20 million constant 2022 US$ | -3.8% |
| 1857 | 29.30 million constant 2022 US$ | -16.8% |
| 1858 | 32.56 million constant 2022 US$ | +11.1% |
| 1859 | 32.67 million constant 2022 US$ | +0.3% |
| 1860 | 32.67 million constant 2022 US$ | +0.0% |
| 1861 | 29.63 million constant 2022 US$ | -9.3% |
| 1862 | 27.99 million constant 2022 US$ | -5.6% |
| 1863 | 25.18 million constant 2022 US$ | -10.0% |
| 1864 | 24.31 million constant 2022 US$ | -3.4% |
| 1865 | 60.53 million constant 2022 US$ | +149.0% |
| 1866 | 62.93 million constant 2022 US$ | +4.0% |
| 1867 | 31.38 million constant 2022 US$ | -50.1% |
| 1868 | 68.51 million constant 2022 US$ | +118.3% |
| 1869 | 82.48 million constant 2022 US$ | +20.4% |
| 1870 | 67.56 million constant 2022 US$ | -18.1% |
| 1871 | 13.37 million constant 2022 US$ | -80.2% |
| 1872 | 14.00 million constant 2022 US$ | +4.8% |
| 1873 | 16.51 million constant 2022 US$ | +17.9% |
| 1874 | 12.18 million constant 2022 US$ | -26.2% |
| 1875 | 11.93 million constant 2022 US$ | -2.1% |
| 1876 | 13.03 million constant 2022 US$ | +9.2% |
| 1877 | 13.18 million constant 2022 US$ | +1.2% |
| 1878 | 92.70 million constant 2022 US$ | +603.3% |
| 1879 | 95.91 million constant 2022 US$ | +3.5% |
| 1880 | 99.25 million constant 2022 US$ | +3.5% |
| 1881 | 111.33 million constant 2022 US$ | +12.2% |
| 1882 | 125.91 million constant 2022 US$ | +13.1% |
| 1883 | 147.72 million constant 2022 US$ | +17.3% |
| 1884 | 169.73 million constant 2022 US$ | +14.9% |
| 1885 | 169.05 million constant 2022 US$ | -0.4% |
| 1886 | 181.36 million constant 2022 US$ | +7.3% |
| 1887 | 171.42 million constant 2022 US$ | -5.5% |
| 1888 | 170.30 million constant 2022 US$ | -0.7% |
| 1889 | 154.44 million constant 2022 US$ | -9.3% |
| 1890 | 155.38 million constant 2022 US$ | +0.6% |
| 1891 | 143.20 million constant 2022 US$ | -7.8% |
| 1892 | 161.05 million constant 2022 US$ | +12.5% |
| 1893 | 170.43 million constant 2022 US$ | +5.8% |
| 1894 | 195.70 million constant 2022 US$ | +14.8% |
| 1895 | 226.66 million constant 2022 US$ | +15.8% |
| 1896 | 301.88 million constant 2022 US$ | +33.2% |
| 1897 | 324.16 million constant 2022 US$ | +7.4% |
| 1898 | 278.29 million constant 2022 US$ | -14.1% |
| 1899 | 284.86 million constant 2022 US$ | +2.4% |
| 1900 | 291.14 million constant 2022 US$ | +2.2% |
| 1901 | 273.54 million constant 2022 US$ | -6.0% |
| 1902 | 288.71 million constant 2022 US$ | +5.5% |
| 1903 | 281.96 million constant 2022 US$ | -2.3% |
| 1904 | 294.76 million constant 2022 US$ | +4.5% |
| 1905 | 304.89 million constant 2022 US$ | +3.4% |
| 1906 | 325.71 million constant 2022 US$ | +6.8% |
| 1907 | 342.68 million constant 2022 US$ | +5.2% |
| 1908 | 355.85 million constant 2022 US$ | +3.8% |
| 1909 | 401.68 million constant 2022 US$ | +12.9% |
| 1910 | 426.30 million constant 2022 US$ | +6.1% |
| 1911 | 457.20 million constant 2022 US$ | +7.2% |
| 1912 | 481.05 million constant 2022 US$ | +5.2% |
| 1913 | 493.89 million constant 2022 US$ | +2.7% |
| 1914 | 349.43 million constant 2022 US$ | -29.2% |
| 1915 | 391.84 million constant 2022 US$ | +12.1% |
| 1916 | 310.70 million constant 2022 US$ | -20.7% |
| 1917 | 267.58 million constant 2022 US$ | -13.9% |
| 1918 | 259.04 million constant 2022 US$ | -3.2% |
| 1919 | 282.77 million constant 2022 US$ | +9.2% |
| 1920 | 280.07 million constant 2022 US$ | -1.0% |
| 1921 | 375.12 million constant 2022 US$ | +33.9% |
| 1922 | 420.85 million constant 2022 US$ | +12.2% |
| 1923 | 470.90 million constant 2022 US$ | +11.9% |
| 1924 | 500.38 million constant 2022 US$ | +6.3% |
| 1925 | 615.54 million constant 2022 US$ | +23.0% |
| 1926 | 661.85 million constant 2022 US$ | +7.5% |
| 1927 | 699.68 million constant 2022 US$ | +5.7% |
| 1928 | 721.11 million constant 2022 US$ | +3.1% |
| 1929 | 710.48 million constant 2022 US$ | -1.5% |
| 1930 | 738.39 million constant 2022 US$ | +3.9% |
| 1931 | 691.95 million constant 2022 US$ | -6.3% |
| 1932 | 671.89 million constant 2022 US$ | -2.9% |
| 1933 | 648.00 million constant 2022 US$ | -3.6% |
| 1934 | 832.29 million constant 2022 US$ | +28.4% |
| 1935 | 818.88 million constant 2022 US$ | -1.6% |
| 1936 | 928.07 million constant 2022 US$ | +13.3% |
| 1937 | 966.60 million constant 2022 US$ | +4.2% |
| 1938 | 961.32 million constant 2022 US$ | -0.5% |
| 1939 | 1.04 billion constant 2022 US$ | +8.6% |
| 1940 | 1.18 billion constant 2022 US$ | +13.2% |
| 1941 | 1.24 billion constant 2022 US$ | +4.6% |
| 1942 | 1.27 billion constant 2022 US$ | +2.6% |
| 1943 | 1.17 billion constant 2022 US$ | -7.8% |
| 1944 | 2.94 billion constant 2022 US$ | +151.9% |
| 1945 | 3.67 billion constant 2022 US$ | +24.8% |
| 1946 | 3.33 billion constant 2022 US$ | -9.4% |
| 1947 | 3.15 billion constant 2022 US$ | -5.3% |
| 1948 | 3.30 billion constant 2022 US$ | +4.7% |
| 1949 | 4.58 billion constant 2022 US$ | +38.8% |
| 1950 | 3.63 billion constant 2022 US$ | -20.7% |
| 1951 | 3.57 billion constant 2022 US$ | -1.7% |
| 1952 | 4.26 billion constant 2022 US$ | +19.4% |
| 1953 | 4.66 billion constant 2022 US$ | +9.5% |
| 1954 | 4.89 billion constant 2022 US$ | +4.8% |
| 1955 | 2.95 billion constant 2022 US$ | -39.7% |
| 1956 | 3.15 billion constant 2022 US$ | +7.0% |
| 1957 | 3.05 billion constant 2022 US$ | -3.4% |
| 1958 | 2.71 billion constant 2022 US$ | -11.0% |
| 1959 | 2.34 billion constant 2022 US$ | -13.7% |
| 1960 | 2.36 billion constant 2022 US$ | +0.8% |
| 1961 | 2.55 billion constant 2022 US$ | +8.0% |
| 1962 | 2.70 billion constant 2022 US$ | +6.0% |
| 1963 | 2.43 billion constant 2022 US$ | -10.1% |
| 1964 | 2.65 billion constant 2022 US$ | +9.2% |
| 1965 | 2.74 billion constant 2022 US$ | +3.2% |
| 1966 | 2.77 billion constant 2022 US$ | +1.2% |
| 1967 | 2.58 billion constant 2022 US$ | -6.9% |
| 1968 | 2.38 billion constant 2022 US$ | -7.6% |
| 1969 | 2.60 billion constant 2022 US$ | +9.1% |
| 1970 | 2.67 billion constant 2022 US$ | +2.8% |
| 1971 | 2.48 billion constant 2022 US$ | -7.2% |
| 1972 | 2.77 billion constant 2022 US$ | +11.8% |
| 1973 | 3.04 billion constant 2022 US$ | +9.9% |
| 1974 | 3.77 billion constant 2022 US$ | +23.9% |
| 1975 | 3.53 billion constant 2022 US$ | -6.4% |
| 1976 | 3.86 billion constant 2022 US$ | +9.3% |
| 1977 | 4.82 billion constant 2022 US$ | +25.0% |
| 1978 | 5.43 billion constant 2022 US$ | +12.8% |
| 1979 | 7.25 billion constant 2022 US$ | +33.5% |
| 1980 | 8.81 billion constant 2022 US$ | +21.4% |
| 1981 | 10.10 billion constant 2022 US$ | +14.7% |
| 1982 | 10.93 billion constant 2022 US$ | +8.2% |
| 1983 | 8.64 billion constant 2022 US$ | -20.9% |
| 1984 | 7.92 billion constant 2022 US$ | -8.3% |
| 1985 | 6.63 billion constant 2022 US$ | -16.3% |
| 1986 | 5.74 billion constant 2022 US$ | -13.4% |
| 1987 | 5.16 billion constant 2022 US$ | -10.2% |
| 1988 | 5.06 billion constant 2022 US$ | -1.9% |
| 1989 | 4.30 billion constant 2022 US$ | -14.9% |
| 1990 | 3.85 billion constant 2022 US$ | -10.6% |
| 1991 | 4.39 billion constant 2022 US$ | +14.1% |
| 1992 | 5.29 billion constant 2022 US$ | +20.6% |
| 1993 | 5.88 billion constant 2022 US$ | +11.0% |
| 1994 | 6.12 billion constant 2022 US$ | +4.2% |
| 1995 | 6.06 billion constant 2022 US$ | -1.1% |
| 1996 | 6.09 billion constant 2022 US$ | +0.5% |
| 1997 | 6.68 billion constant 2022 US$ | +9.7% |
| 1998 | 6.67 billion constant 2022 US$ | -0.1% |
| 1999 | 6.57 billion constant 2022 US$ | -1.5% |
| 2000 | 5.86 billion constant 2022 US$ | -10.9% |
| 2001 | 5.54 billion constant 2022 US$ | -5.4% |
| 2002 | 2.67 billion constant 2022 US$ | -51.8% |
| 2003 | 2.57 billion constant 2022 US$ | -3.8% |
| 2004 | 2.42 billion constant 2022 US$ | -5.6% |
| 2005 | 2.42 billion constant 2022 US$ | -0.2% |
| 2006 | 2.50 billion constant 2022 US$ | +3.6% |
| 2007 | 2.73 billion constant 2022 US$ | +9.2% |
| 2008 | 2.93 billion constant 2022 US$ | +7.4% |
| 2009 | 3.10 billion constant 2022 US$ | +5.8% |
| 2010 | 3.81 billion constant 2022 US$ | +22.6% |
| 2011 | 4.60 billion constant 2022 US$ | +20.9% |
| 2012 | 5.35 billion constant 2022 US$ | +16.2% |
| 2013 | 5.60 billion constant 2022 US$ | +4.6% |
| 2014 | 5.62 billion constant 2022 US$ | +0.4% |
| 2015 | 6.37 billion constant 2022 US$ | +13.4% |
| 2016 | 5.73 billion constant 2022 US$ | -10.0% |
| 2017 | 6.43 billion constant 2022 US$ | +12.1% |
| 2018 | 5.05 billion constant 2022 US$ | -21.4% |
| 2019 | 4.77 billion constant 2022 US$ | -5.6% |
| 2020 | 4.34 billion constant 2022 US$ | -8.9% |
| 2021 | 4.40 billion constant 2022 US$ | +1.4% |
| 2022 | 4.45 billion constant 2022 US$ | +1.0% |
| 2023 | 4.45 billion constant 2022 US$ | +0.2% |
Argentina compared with similar countries
- Argentina's 4.45 billion constant 2022 US$ is above the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 3.6× the median. (49 countries reporting)
- Argentina's 4.45 billion constant 2022 US$ is above the median for Latin America & Caribbean, which is 509.92 million constant 2022 US$, 8.7× the median. (27 countries reporting)
Biggest year-on-year movements
Years where Military spending in Argentina changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1878 | +603.3% | 13.18 million constant 2022 US$ | 92.70 million constant 2022 US$ |
| 1944 | +151.9% | 1.17 billion constant 2022 US$ | 2.94 billion constant 2022 US$ |
| 1865 | +149.0% | 24.31 million constant 2022 US$ | 60.53 million constant 2022 US$ |
| 1868 | +118.3% | 31.38 million constant 2022 US$ | 68.51 million constant 2022 US$ |
| 1871 | -80.2% | 67.56 million constant 2022 US$ | 13.37 million constant 2022 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1840s | 41.29 million constant 2022 US$ | 36.66 million constant 2022 US$ | 51.16 million constant 2022 US$ | 9 |
| 1850s | 40.20 million constant 2022 US$ | 29.30 million constant 2022 US$ | 51.56 million constant 2022 US$ | 10 |
| 1860s | 44.56 million constant 2022 US$ | 24.31 million constant 2022 US$ | 82.48 million constant 2022 US$ | 10 |
| 1870s | 35.04 million constant 2022 US$ | 11.93 million constant 2022 US$ | 95.91 million constant 2022 US$ | 10 |
| 1880s | 150.05 million constant 2022 US$ | 99.25 million constant 2022 US$ | 181.36 million constant 2022 US$ | 10 |
| 1890s | 224.16 million constant 2022 US$ | 143.20 million constant 2022 US$ | 324.16 million constant 2022 US$ | 10 |
| 1900s | 316.09 million constant 2022 US$ | 273.54 million constant 2022 US$ | 401.68 million constant 2022 US$ | 10 |
| 1910s | 371.98 million constant 2022 US$ | 259.04 million constant 2022 US$ | 493.89 million constant 2022 US$ | 10 |
| 1920s | 545.60 million constant 2022 US$ | 280.07 million constant 2022 US$ | 721.11 million constant 2022 US$ | 10 |
| 1930s | 830.17 million constant 2022 US$ | 648.00 million constant 2022 US$ | 1.04 billion constant 2022 US$ | 10 |
| 1940s | 2.58 billion constant 2022 US$ | 1.17 billion constant 2022 US$ | 4.58 billion constant 2022 US$ | 10 |
| 1950s | 3.52 billion constant 2022 US$ | 2.34 billion constant 2022 US$ | 4.89 billion constant 2022 US$ | 10 |
| 1960s | 2.58 billion constant 2022 US$ | 2.36 billion constant 2022 US$ | 2.77 billion constant 2022 US$ | 10 |
| 1970s | 3.96 billion constant 2022 US$ | 2.48 billion constant 2022 US$ | 7.25 billion constant 2022 US$ | 10 |
| 1980s | 7.33 billion constant 2022 US$ | 4.30 billion constant 2022 US$ | 10.93 billion constant 2022 US$ | 10 |
| 1990s | 5.76 billion constant 2022 US$ | 3.85 billion constant 2022 US$ | 6.68 billion constant 2022 US$ | 10 |
| 2000s | 3.27 billion constant 2022 US$ | 2.42 billion constant 2022 US$ | 5.86 billion constant 2022 US$ | 10 |
| 2010s | 5.33 billion constant 2022 US$ | 3.81 billion constant 2022 US$ | 6.43 billion constant 2022 US$ | 10 |
| 2020s | 4.41 billion constant 2022 US$ | 4.34 billion constant 2022 US$ | 4.45 billion constant 2022 US$ | 4 |
Countries ranked near Argentina
- 51 Libya 4.78 billion constant 2022 US$ compare
- 52 Portugal 4.74 billion constant 2022 US$ compare
- 53 Malaysia 4.68 billion constant 2022 US$ compare
- 55 Hungary 4.10 billion constant 2022 US$ compare
- 56 Nigeria 4.07 billion constant 2022 US$ compare
- 57 Azerbaijan 3.76 billion constant 2022 US$ compare
More reference data data for Argentina
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.56 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 20.99 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 37.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 5.76 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 37.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.24 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.69 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 111.77 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 187.7 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 31.35 (2050)
Frequently asked questions
- What is military spending in Argentina?
- Military spending in Argentina was 4.45 billion constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Argentina?
- The highest recorded value was 10.93 billion constant 2022 US$ in 1982.
- What is the lowest military spending recorded in Argentina?
- The lowest recorded value was 11.93 million constant 2022 US$ in 1875.
- How does Argentina rank for military spending?
- Argentina ranks 54th out of 172 countries with data for 2023.
- Is military spending rising or falling in Argentina?
- Over the last ten years it is down 20.4%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 183 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.