{"entity":{"iso2":"AR","iso3":"ARG","name":"Argentina","slug":"argentina"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"military-spending-per-armed-forces-personnel","source":"Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/military-spending-per-armed-forces-personnel","title":"Military spending per armed forces personnel","unit":"constant 2024 US$"},"observations":[{"date":"1985-01-01","value":88333.5},{"date":"1989-01-01","value":81064.9},{"date":"1990-01-01","value":61528.6},{"date":"1991-01-01","value":74968.5},{"date":"1992-01-01","value":76448.8},{"date":"1993-01-01","value":72137.4},{"date":"1994-01-01","value":72713.3},{"date":"1995-01-01","value":49929.5},{"date":"1996-01-01","value":42082.3},{"date":"1997-01-01","value":41163.9},{"date":"1998-01-01","value":41497.3},{"date":"1999-01-01","value":43816.5},{"date":"2000-01-01","value":41509.4},{"date":"2001-01-01","value":41293.9},{"date":"2002-01-01","value":35259.6},{"date":"2003-01-01","value":35786.8},{"date":"2004-01-01","value":37042.3},{"date":"2005-01-01","value":38909.5},{"date":"2006-01-01","value":38245.3},{"date":"2007-01-01","value":41371.1},{"date":"2008-01-01","value":41108.3},{"date":"2009-01-01","value":45433.4},{"date":"2010-01-01","value":44957.1},{"date":"2011-01-01","value":44308.3},{"date":"2012-01-01","value":43761.5},{"date":"2013-01-01","value":48429.7},{"date":"2014-01-01","value":50102.6},{"date":"2015-01-01","value":49712.1},{"date":"2016-01-01","value":48364.2},{"date":"2017-01-01","value":52660.9},{"date":"2018-01-01","value":46768.4},{"date":"2019-01-01","value":43459.4},{"date":"2020-01-01","value":40523.8}],"summary":{"latest_period":"2020-01-01","latest_value":40523.8,"max":88333.5,"mean":50142.2,"min":35259.6,"of":160,"rank":59,"trend":"falling"}}