Military spending per military personnel in Armenia

Armenia: Military spending per military personnel was 23,524 constant 2022 US$ in 2022. ◆ Volatile

Latest (2022)
23,524 constant 2022 US$
Change on year
up 13.9%
World rank
110th
of 170 countries
All-time high
23,524 constant 2022 US$
in 2022
All-time low
1,996 constant 2022 US$
in 1995
Years of data
31
1992–2022

Military spending per military personnel in Armenia, 1992–2022

05.0k10.0k15.0k20.0k25.0k1992200720221992: 8.6k constant 2022 US$1993: 4.5k constant 2022 US$1994: 2.4k constant 2022 US$1995: 2.0k constant 2022 US$1996: 2.4k constant 2022 US$1997: 2.7k constant 2022 US$1998: 3.6k constant 2022 US$1999: 4.2k constant 2022 US$2000: 9.1k constant 2022 US$2001: 12.2k constant 2022 US$2002: 14.1k constant 2022 US$2003: 13.9k constant 2022 US$2004: 11.8k constant 2022 US$2005: 6.1k constant 2022 US$2006: 5.9k constant 2022 US$2007: 8.6k constant 2022 US$2008: 10.5k constant 2022 US$2009: 10.6k constant 2022 US$2010: 10.2k constant 2022 US$2011: 9.8k constant 2022 US$2012: 9.9k constant 2022 US$2013: 10.8k constant 2022 US$2014: 11.9k constant 2022 US$2015: 11.7k constant 2022 US$2016: 11.8k constant 2022 US$2017: 12.7k constant 2022 US$2018: 14.3k constant 2022 US$2019: 17.2k constant 2022 US$2020: 18.3k constant 2022 US$2021: 20.7k constant 2022 US$2022: 23.5k constant 2022 US$

Source: Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2022, military spending per military personnel in Armenia stood at 23,524 constant 2022 US$. That is the highest value across all 31 years on record.

The figure is up 13.9% on the previous year and up 138.5% over ten years.

Over the whole period, military spending per military personnel in Armenia peaked at 23,524 constant 2022 US$ in 2022 and was at its lowest, 1,996 constant 2022 US$, in 1995.

That places Armenia 110th out of 170 countries with data for 2022, 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 per military personnel in Armenia, year by year

Annual values for Military spending per military personnel in Armenia, 1992 to 2022.
Year constant 2022 US$ Change
1992 8,582 constant 2022 US$ —
1993 4,539 constant 2022 US$ -47.1%
1994 2,373 constant 2022 US$ -47.7%
1995 1,996 constant 2022 US$ -15.9%
1996 2,413 constant 2022 US$ +20.9%
1997 2,744 constant 2022 US$ +13.7%
1998 3,579 constant 2022 US$ +30.4%
1999 4,171 constant 2022 US$ +16.5%
2000 9,100 constant 2022 US$ +118.2%
2001 12,202 constant 2022 US$ +34.1%
2002 14,126 constant 2022 US$ +15.8%
2003 13,932 constant 2022 US$ -1.4%
2004 11,775 constant 2022 US$ -15.5%
2005 6,110 constant 2022 US$ -48.1%
2006 5,851 constant 2022 US$ -4.2%
2007 8,612 constant 2022 US$ +47.2%
2008 10,509 constant 2022 US$ +22.0%
2009 10,633 constant 2022 US$ +1.2%
2010 10,162 constant 2022 US$ -4.4%
2011 9,753 constant 2022 US$ -4.0%
2012 9,862 constant 2022 US$ +1.1%
2013 10,833 constant 2022 US$ +9.8%
2014 11,860 constant 2022 US$ +9.5%
2015 11,679 constant 2022 US$ -1.5%
2016 11,819 constant 2022 US$ +1.2%
2017 12,724 constant 2022 US$ +7.7%
2018 14,308 constant 2022 US$ +12.4%
2019 17,153 constant 2022 US$ +19.9%
2020 18,326 constant 2022 US$ +6.8%
2021 20,651 constant 2022 US$ +12.7%
2022 23,524 constant 2022 US$ +13.9%

Armenia compared with similar countries

  • Armenia's 23,524 constant 2022 US$ is below the median for upper middle income countries, which is 33,699 constant 2022 US$, 70% of the median. (48 countries reporting)
  • Armenia's 23,524 constant 2022 US$ is below the median for Europe & Central Asia, which is 90,225 constant 2022 US$, 26% of the median. (47 countries reporting)

Biggest year-on-year movements

Years where Military spending per military personnel 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 +118.2% 4,171 constant 2022 US$ 9,100 constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 3,800 constant 2022 US$ 1,996 constant 2022 US$ 8,582 constant 2022 US$ 8
2000s 10,285 constant 2022 US$ 5,851 constant 2022 US$ 14,126 constant 2022 US$ 10
2010s 12,015 constant 2022 US$ 9,753 constant 2022 US$ 17,153 constant 2022 US$ 10
2020s 20,834 constant 2022 US$ 18,326 constant 2022 US$ 23,524 constant 2022 US$ 3

Countries ranked near Armenia

  1. 107 Uganda 24,924 constant 2022 US$ compare
  2. 108 Syria 24,595 constant 2022 US$ compare
  3. 109 Mauritius 23,542 constant 2022 US$ compare
  4. 111 Togo 22,732 constant 2022 US$ compare
  5. 112 Lesotho 21,533 constant 2022 US$ compare
  6. 113 Thailand 21,499 constant 2022 US$ compare

See the full ranking of 170 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is military spending per military personnel in Armenia?
Military spending per military personnel in Armenia was 23,524 constant 2022 US$ in 2022, according to Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data.
What is the highest military spending per military personnel recorded in Armenia?
The highest recorded value was 23,524 constant 2022 US$ in 2022.
What is the lowest military spending per military personnel recorded in Armenia?
The lowest recorded value was 1,996 constant 2022 US$ in 1995.
How does Armenia rank for military spending per military personnel?
Armenia ranks 110th out of 170 countries with data for 2022.
Is military spending per military personnel rising or falling in Armenia?
Over the last ten years it is up 138.5%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data, published as part of Military spending per military personnel. Statizoid updates them automatically from the source API.

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Military spending per military personnel in Armenia. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data. Retrieved 28 September 2026, from https://reference.statizoid.com/stat/military-spending-per-military-personnel/armenia/

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About this data

Indicator
Military spending per military personnel
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
170 places, 14,182 data points, 1816–2022
Last refreshed

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.