Military spending in Argentina
Argentina: Military spending was 4.45 billion constant 2022 US$ in 2023. ◆ Volatile
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$, in 1875.
That places Argentina 54th out of 172 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1840s | 41.29 million constant 2022 US$ | 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
- Spring temperature anomalies 0.3552 °C (2026)
- Summer temperature anomalies 0.4752 °C (2026)
- Temperature anomalies by month 0.7158 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.9494 °C (2025)
- Winter temperature anomalies 0.8008 °C (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
- Elected parliament 1 (2025)
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.
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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.