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

2.5B5.0B7.5B10.0B12.5B15.0B194919872025

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 52 Myanmar 4.65 billion constant 2024 US$ compare
  2. 53 Hungary 4.62 billion constant 2024 US$ compare
  3. 54 Malaysia 4.55 billion constant 2024 US$ compare
  4. 56 Bangladesh 3.66 billion constant 2024 US$ compare
  5. 57 South Africa 3.00 billion constant 2024 US$ compare
  6. 58 New Zealand 2.89 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Argentina

All data for Argentina →

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.

Download this data

CSV · JSON — 77 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
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.