Military spending in Argentina
Argentina: Military spending was 3.73 billion constant 2024 US$ in 2025. ◆ Volatile
Latest (2025)
3.73 billion constant 2024 US$
Change on year
down 10.7%
World rank
55th
of 162 countries
All-time high
14.10 billion constant 2024 US$
in 1979
All-time low
1.94 billion constant 2024 US$
in 1959
Years of data
77
1949–2025
Military spending in Argentina, 1949–2025
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.
Analysis
In 2025, military spending in Argentina stood at 3.73 billion constant 2024 US$.
The figure is down 10.7% on the previous year and down 28.8% over ten years.
Over the whole period, military spending in Argentina peaked at 14.10 billion constant 2024 US$ in 1979 and was at its lowest, 1.94 billion constant 2024 US$, in 1959.
That places Argentina 55th out of 162 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Argentina, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1949 | 5.61 billion constant 2024 US$ | — |
| 1950 | 4.45 billion constant 2024 US$ | -20.7% |
| 1951 | 3.01 billion constant 2024 US$ | -32.2% |
| 1952 | 3.07 billion constant 2024 US$ | +1.8% |
| 1953 | 4.00 billion constant 2024 US$ | +30.4% |
| 1954 | 3.81 billion constant 2024 US$ | -4.7% |
| 1955 | 3.85 billion constant 2024 US$ | +1.0% |
| 1956 | 3.61 billion constant 2024 US$ | -6.4% |
| 1957 | 6.40 billion constant 2024 US$ | +77.5% |
| 1958 | 3.45 billion constant 2024 US$ | -46.2% |
| 1959 | 1.94 billion constant 2024 US$ | -43.7% |
| 1960 | 2.90 billion constant 2024 US$ | +49.8% |
| 1961 | 3.54 billion constant 2024 US$ | +21.8% |
| 1962 | 3.43 billion constant 2024 US$ | -3.1% |
| 1963 | 3.49 billion constant 2024 US$ | +2.0% |
| 1964 | 2.93 billion constant 2024 US$ | -16.0% |
| 1965 | 2.83 billion constant 2024 US$ | -3.6% |
| 1966 | 2.93 billion constant 2024 US$ | +3.4% |
| 1967 | 3.26 billion constant 2024 US$ | +11.3% |
| 1968 | 3.94 billion constant 2024 US$ | +20.9% |
| 1969 | 4.81 billion constant 2024 US$ | +22.1% |
| 1970 | 4.62 billion constant 2024 US$ | -4.0% |
| 1971 | 4.77 billion constant 2024 US$ | +3.2% |
| 1972 | 4.90 billion constant 2024 US$ | +2.9% |
| 1973 | 5.14 billion constant 2024 US$ | +4.8% |
| 1974 | 5.23 billion constant 2024 US$ | +1.8% |
| 1975 | 6.63 billion constant 2024 US$ | +26.9% |
| 1976 | 11.99 billion constant 2024 US$ | +80.7% |
| 1977 | 12.70 billion constant 2024 US$ | +5.9% |
| 1978 | 13.57 billion constant 2024 US$ | +6.9% |
| 1979 | 14.10 billion constant 2024 US$ | +3.9% |
| 1980 | 12.55 billion constant 2024 US$ | -11.0% |
| 1981 | 13.36 billion constant 2024 US$ | +6.4% |
| 1982 | 11.51 billion constant 2024 US$ | -13.8% |
| 1983 | 13.16 billion constant 2024 US$ | +14.3% |
| 1984 | 10.33 billion constant 2024 US$ | -21.5% |
| 1985 | 9.54 billion constant 2024 US$ | -7.6% |
| 1986 | 9.50 billion constant 2024 US$ | -0.4% |
| 1987 | 9.48 billion constant 2024 US$ | -0.3% |
| 1988 | 9.47 billion constant 2024 US$ | -0.0% |
| 1989 | 7.70 billion constant 2024 US$ | -18.7% |
| 1990 | 5.23 billion constant 2024 US$ | -32.1% |
| 1991 | 5.25 billion constant 2024 US$ | +0.3% |
| 1992 | 4.97 billion constant 2024 US$ | -5.3% |
| 1993 | 4.69 billion constant 2024 US$ | -5.6% |
| 1994 | 5.02 billion constant 2024 US$ | +7.0% |
| 1995 | 4.92 billion constant 2024 US$ | -2.0% |
| 1996 | 4.36 billion constant 2024 US$ | -11.3% |
| 1997 | 4.29 billion constant 2024 US$ | -1.7% |
| 1998 | 4.33 billion constant 2024 US$ | +0.8% |
| 1999 | 4.46 billion constant 2024 US$ | +3.1% |
| 2000 | 4.25 billion constant 2024 US$ | -4.7% |
| 2001 | 4.18 billion constant 2024 US$ | -1.5% |
| 2002 | 3.56 billion constant 2024 US$ | -14.8% |
| 2003 | 3.67 billion constant 2024 US$ | +3.0% |
| 2004 | 3.78 billion constant 2024 US$ | +2.9% |
| 2005 | 3.97 billion constant 2024 US$ | +5.0% |
| 2006 | 4.09 billion constant 2024 US$ | +3.1% |
| 2007 | 4.43 billion constant 2024 US$ | +8.2% |
| 2008 | 4.40 billion constant 2024 US$ | -0.6% |
| 2009 | 4.74 billion constant 2024 US$ | +7.8% |
| 2010 | 4.69 billion constant 2024 US$ | -1.0% |
| 2011 | 4.62 billion constant 2024 US$ | -1.4% |
| 2012 | 4.57 billion constant 2024 US$ | -1.2% |
| 2013 | 5.12 billion constant 2024 US$ | +12.0% |
| 2014 | 5.29 billion constant 2024 US$ | +3.5% |
| 2015 | 5.24 billion constant 2024 US$ | -1.0% |
| 2016 | 5.10 billion constant 2024 US$ | -2.7% |
| 2017 | 5.53 billion constant 2024 US$ | +8.4% |
| 2018 | 4.92 billion constant 2024 US$ | -11.0% |
| 2019 | 4.48 billion constant 2024 US$ | -9.0% |
| 2020 | 4.17 billion constant 2024 US$ | -6.8% |
| 2021 | 4.11 billion constant 2024 US$ | -1.5% |
| 2022 | 4.62 billion constant 2024 US$ | +12.4% |
| 2023 | 5.06 billion constant 2024 US$ | +9.5% |
| 2024 | 4.18 billion constant 2024 US$ | -17.4% |
| 2025 | 3.73 billion constant 2024 US$ | -10.7% |
Argentina compared with similar countries
- Argentina's 3.73 billion constant 2024 US$ is above the median for upper middle income countries, which is 1.62 billion constant 2024 US$, 2.3× the median. (46 countries reporting)
- Argentina's 3.73 billion constant 2024 US$ is above the median for Latin America & Caribbean, which is 575.75 million constant 2024 US$, 6.5× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Military spending in Argentina changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | +80.7% | 6.63 billion constant 2024 US$ | 11.99 billion constant 2024 US$ |
| 1957 | +77.5% | 3.61 billion constant 2024 US$ | 6.40 billion constant 2024 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 5.61 billion constant 2024 US$ | 5.61 billion constant 2024 US$ | 5.61 billion constant 2024 US$ | 1 |
| 1950s | 3.76 billion constant 2024 US$ | 1.94 billion constant 2024 US$ | 6.40 billion constant 2024 US$ | 10 |
| 1960s | 3.41 billion constant 2024 US$ | 2.83 billion constant 2024 US$ | 4.81 billion constant 2024 US$ | 10 |
| 1970s | 8.36 billion constant 2024 US$ | 4.62 billion constant 2024 US$ | 14.10 billion constant 2024 US$ | 10 |
| 1980s | 10.66 billion constant 2024 US$ | 7.70 billion constant 2024 US$ | 13.36 billion constant 2024 US$ | 10 |
| 1990s | 4.75 billion constant 2024 US$ | 4.29 billion constant 2024 US$ | 5.25 billion constant 2024 US$ | 10 |
| 2000s | 4.11 billion constant 2024 US$ | 3.56 billion constant 2024 US$ | 4.74 billion constant 2024 US$ | 10 |
| 2010s | 4.96 billion constant 2024 US$ | 4.48 billion constant 2024 US$ | 5.53 billion constant 2024 US$ | 10 |
| 2020s | 4.31 billion constant 2024 US$ | 3.73 billion constant 2024 US$ | 5.06 billion constant 2024 US$ | 6 |
Countries ranked near Argentina
- 52 Myanmar 4.65 billion constant 2024 US$ compare
- 53 Hungary 4.62 billion constant 2024 US$ compare
- 54 Malaysia 4.55 billion constant 2024 US$ compare
- 56 Bangladesh 3.66 billion constant 2024 US$ compare
- 57 South Africa 3.00 billion constant 2024 US$ compare
- 58 New Zealand 2.89 billion 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 in Argentina?
- Military spending in Argentina was 3.73 billion constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Argentina?
- The highest recorded value was 14.10 billion constant 2024 US$ in 1979.
- What is the lowest military spending recorded in Argentina?
- The lowest recorded value was 1.94 billion constant 2024 US$ in 1959.
- How does Argentina rank for military spending?
- Argentina ranks 55th out of 162 countries with data for 2025.
- Is military spending rising or falling in Argentina?
- Over the last ten years it is down 28.8%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from Stockholm International Peace Research Institute (2026) – 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.