Military spending gmsd in Armenia

Armenia: Military spending gmsd was 1.19 billion in 2023. ◆ Volatile

Latest (2023)
1.19 billion
Change on year
up 17.3%
World rank
83rd
of 172 countries
All-time high
1.19 billion
in 2023
All-time low
95.32 million
in 1993
Years of data
33
1991–2023

Military spending gmsd in Armenia, 1991–2023

0250.0M500.0M750.0M1.0B1.2B1991200720231991: 172.5M1992: 171.6M1993: 95.3M1994: 106.8M1995: 119.8M1996: 144.8M1997: 164.6M1998: 179.0M1999: 208.6M2000: 373.1M2001: 512.5M2002: 621.5M2003: 627.0M2004: 553.4M2005: 293.3M2006: 280.9M2007: 378.9M2008: 441.4M2009: 446.6M2010: 477.6M2011: 477.9M2012: 483.2M2013: 530.8M2014: 533.7M2015: 525.5M2016: 531.9M2017: 572.6M2018: 643.9M2019: 771.9M2020: 824.7M2021: 888.0M2022: 1.0B2023: 1.2B

Source: Our World in Data.

Analysis

In 2023, military spending gmsd in Armenia stood at 1.19 billion. That is the highest value across all 33 years on record.

That represents a change of up 17.3% on the previous year and up 123.5% over ten years.

Over the whole period, military spending gmsd in Armenia peaked at 1.19 billion in 2023 and was at its lowest, 95.32 million, in 1993.

That places Armenia 83rd 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 gmsd in Armenia, year by year

Annual values for Military spending gmsd in Armenia, 1991 to 2023.
Year Value Change
1991 172.49 million —
1992 171.65 million -0.5%
1993 95.32 million -44.5%
1994 106.78 million +12.0%
1995 119.76 million +12.2%
1996 144.79 million +20.9%
1997 164.64 million +13.7%
1998 178.97 million +8.7%
1999 208.56 million +16.5%
2000 373.11 million +78.9%
2001 512.47 million +37.4%
2002 621.53 million +21.3%
2003 626.95 million +0.9%
2004 553.42 million -11.7%
2005 293.26 million -47.0%
2006 280.85 million -4.2%
2007 378.93 million +34.9%
2008 441.39 million +16.5%
2009 446.57 million +1.2%
2010 477.60 million +6.9%
2011 477.91 million +0.1%
2012 483.24 million +1.1%
2013 530.84 million +9.8%
2014 533.70 million +0.5%
2015 525.54 million -1.5%
2016 531.86 million +1.2%
2017 572.60 million +7.7%
2018 643.88 million +12.4%
2019 771.89 million +19.9%
2020 824.69 million +6.8%
2021 888.01 million +7.7%
2022 1.01 billion +13.9%
2023 1.19 billion +17.3%

Armenia compared with similar countries

  • Armenia's 1.19 billion is below the median for upper middle income countries, which is 1.25 billion, 95% of the median. (49 countries reporting)
  • Armenia's 1.19 billion is below the median for Europe & Central Asia, which is 2.44 billion, 49% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd in Armenia 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.

YearChange FromTo
2000 +78.9% 208.56 million 373.11 million

Averages by decade

DecadeAverage LowestHighest Years
1990s 151.44 million 95.32 million 208.56 million 9
2000s 452.85 million 280.85 million 626.95 million 10
2010s 554.91 million 477.60 million 771.89 million 10
2020s 977.65 million 824.69 million 1.19 billion 4

Countries ranked near Armenia

  1. 80 Belarus 1.36 billion compare
  2. 81 Serbia 1.25 billion compare
  3. 82 Estonia 1.19 billion compare
  4. 84 Uganda 1.15 billion compare
  5. 85 Ethiopia 1.14 billion compare
  6. 86 Latvia 1.10 billion compare

See the full ranking of 172 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is military spending gmsd in Armenia?
Military spending gmsd in Armenia was 1.19 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Armenia?
The highest recorded value was 1.19 billion in 2023.
What is the lowest military spending gmsd recorded in Armenia?
The lowest recorded value was 95.32 million in 1993.
How does Armenia rank for military spending gmsd?
Armenia ranks 83rd out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Armenia?
Over the last ten years it is up 123.5%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Armenia. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/armenia/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed