Military spending per armed forces personnel in Argentina
Argentina: Military spending per armed forces personnel was 40,524 constant 2024 US$ in 2020. ▼ Falling
Latest (2020)
40,524 constant 2024 US$
Change on year
down 6.8%
World rank
59th
of 160 countries
All-time high
88,334 constant 2024 US$
in 1985
All-time low
35,260 constant 2024 US$
in 2002
Years of data
33
1985–2020
Military spending per armed forces personnel in Argentina, 1985–2020
Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.
Analysis
The most recent figure for military spending per armed forces personnel in Argentina is 40,524 constant 2024 US$, measured in 2020.
That represents a change of down 6.8% on the previous year and down 9.9% over ten years.
Over the whole period, military spending per armed forces personnel in Argentina peaked at 88,334 constant 2024 US$ in 1985 and was at its lowest, 35,260 constant 2024 US$, in 2002.
Argentina ranks 59th of 160 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 33 years of available data.
Military spending per armed forces personnel in Argentina, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1985 | 88,334 constant 2024 US$ | — |
| 1989 | 81,065 constant 2024 US$ | -8.2% |
| 1990 | 61,529 constant 2024 US$ | -24.1% |
| 1991 | 74,968 constant 2024 US$ | +21.8% |
| 1992 | 76,449 constant 2024 US$ | +2.0% |
| 1993 | 72,137 constant 2024 US$ | -5.6% |
| 1994 | 72,713 constant 2024 US$ | +0.8% |
| 1995 | 49,930 constant 2024 US$ | -31.3% |
| 1996 | 42,082 constant 2024 US$ | -15.7% |
| 1997 | 41,164 constant 2024 US$ | -2.2% |
| 1998 | 41,497 constant 2024 US$ | +0.8% |
| 1999 | 43,816 constant 2024 US$ | +5.6% |
| 2000 | 41,509 constant 2024 US$ | -5.3% |
| 2001 | 41,294 constant 2024 US$ | -0.5% |
| 2002 | 35,260 constant 2024 US$ | -14.6% |
| 2003 | 35,787 constant 2024 US$ | +1.5% |
| 2004 | 37,042 constant 2024 US$ | +3.5% |
| 2005 | 38,910 constant 2024 US$ | +5.0% |
| 2006 | 38,245 constant 2024 US$ | -1.7% |
| 2007 | 41,371 constant 2024 US$ | +8.2% |
| 2008 | 41,108 constant 2024 US$ | -0.6% |
| 2009 | 45,433 constant 2024 US$ | +10.5% |
| 2010 | 44,957 constant 2024 US$ | -1.0% |
| 2011 | 44,308 constant 2024 US$ | -1.4% |
| 2012 | 43,762 constant 2024 US$ | -1.2% |
| 2013 | 48,430 constant 2024 US$ | +10.7% |
| 2014 | 50,103 constant 2024 US$ | +3.5% |
| 2015 | 49,712 constant 2024 US$ | -0.8% |
| 2016 | 48,364 constant 2024 US$ | -2.7% |
| 2017 | 52,661 constant 2024 US$ | +8.9% |
| 2018 | 46,768 constant 2024 US$ | -11.2% |
| 2019 | 43,459 constant 2024 US$ | -7.1% |
| 2020 | 40,524 constant 2024 US$ | -6.8% |
Argentina compared with similar countries
- Argentina's 40,524 constant 2024 US$ is above the median for upper middle income countries, which is 19,504 constant 2024 US$, 2.1× the median. (46 countries reporting)
- Argentina's 40,524 constant 2024 US$ is above the median for Latin America & Caribbean, which is 23,332 constant 2024 US$, 1.7× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 84,699 constant 2024 US$ | 81,065 constant 2024 US$ | 88,334 constant 2024 US$ | 2 |
| 1990s | 57,629 constant 2024 US$ | 41,164 constant 2024 US$ | 76,449 constant 2024 US$ | 10 |
| 2000s | 39,596 constant 2024 US$ | 35,260 constant 2024 US$ | 45,433 constant 2024 US$ | 10 |
| 2010s | 47,252 constant 2024 US$ | 43,459 constant 2024 US$ | 52,661 constant 2024 US$ | 10 |
| 2020s | 40,524 constant 2024 US$ | 40,524 constant 2024 US$ | 40,524 constant 2024 US$ | 1 |
Countries ranked near Argentina
- 56 Lithuania 41,495 constant 2024 US$ compare
- 57 Cyprus 41,305 constant 2024 US$ compare
- 58 Burkina Faso 41,029 constant 2024 US$ compare
- 60 South Africa 40,436 constant 2024 US$ compare
- 61 Gabon 39,462 constant 2024 US$ compare
- 62 Trinidad and Tobago 38,762 constant 2024 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 per armed forces personnel in Argentina?
- Military spending per armed forces personnel in Argentina was 40,524 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
- What is the highest military spending per armed forces personnel recorded in Argentina?
- The highest recorded value was 88,334 constant 2024 US$ in 1985.
- What is the lowest military spending per armed forces personnel recorded in Argentina?
- The lowest recorded value was 35,260 constant 2024 US$ in 2002.
- How does Argentina rank for military spending per armed forces personnel?
- Argentina ranks 59th out of 160 countries with data for 2020.
- Is military spending per armed forces personnel rising or falling in Argentina?
- Over the last ten years it is down 9.9%. The long-run trend across the full record is falling.
- Where does this Argentina data come from?
- The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total military expenditure divided by armed forces personnel. 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.