Military spending in Armenia

Armenia: Military spending was 1.65 billion constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
1.65 billion constant 2024 US$
Change on year
up 16.0%
World rank
73rd
of 162 countries
All-time high
1.65 billion constant 2024 US$
in 2025
All-time low
76.78 million constant 2024 US$
in 1993
Years of data
33
1992–2025

Military spending in Armenia, 1992–2025

0500.0M1.0B1.5B1992200820251992: 208.2M constant 2024 US$1993: 76.8M constant 2024 US$1995: 189.7M constant 2024 US$1996: 163.6M constant 2024 US$1997: 208.1M constant 2024 US$1998: 205.3M constant 2024 US$1999: 220.9M constant 2024 US$2000: 223.9M constant 2024 US$2001: 217.4M constant 2024 US$2002: 215.0M constant 2024 US$2003: 247.6M constant 2024 US$2004: 273.2M constant 2024 US$2005: 334.3M constant 2024 US$2006: 394.9M constant 2024 US$2007: 462.9M constant 2024 US$2008: 537.3M constant 2024 US$2009: 560.0M constant 2024 US$2010: 585.1M constant 2024 US$2011: 536.1M constant 2024 US$2012: 549.0M constant 2024 US$2013: 618.0M constant 2024 US$2014: 627.5M constant 2024 US$2015: 679.3M constant 2024 US$2016: 667.9M constant 2024 US$2017: 683.7M constant 2024 US$2018: 771.7M constant 2024 US$2019: 961.3M constant 2024 US$2020: 933.9M constant 2024 US$2021: 883.1M constant 2024 US$2022: 903.5M constant 2024 US$2023: 1.3B constant 2024 US$2024: 1.4B constant 2024 US$2025: 1.6B constant 2024 US$

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 Armenia stood at 1.65 billion constant 2024 US$. That is the highest value across all 33 years on record.

That represents a change of up 16.0% on the previous year and up 142.3% over ten years.

Over the whole period, military spending in Armenia peaked at 1.65 billion constant 2024 US$ in 2025 and was at its lowest, 76.78 million constant 2024 US$, in 1993.

That places Armenia 73rd 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
1990s 181.80 million constant 2024 US$ 76.78 million constant 2024 US$ 220.89 million constant 2024 US$ 7
2000s 346.66 million constant 2024 US$ 215.03 million constant 2024 US$ 560.02 million constant 2024 US$ 10
2010s 667.96 million constant 2024 US$ 536.14 million constant 2024 US$ 961.33 million constant 2024 US$ 10
2020s 1.19 billion constant 2024 US$ 883.10 million constant 2024 US$ 1.65 billion constant 2024 US$ 6

Countries ranked near Armenia

  1. 70 Belarus 1.83 billion constant 2024 US$ compare
  2. 71 Uzbekistan 1.77 billion constant 2024 US$ compare
  3. 72 Nigeria 1.76 billion constant 2024 US$ compare
  4. 74 Latvia 1.60 billion constant 2024 US$ compare
  5. 75 Libya 1.60 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is military spending in Armenia?
Military spending in Armenia was 1.65 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 Armenia?
The highest recorded value was 1.65 billion constant 2024 US$ in 2025.
What is the lowest military spending recorded in Armenia?
The lowest recorded value was 76.78 million constant 2024 US$ in 1993.
How does Armenia rank for military spending?
Armenia ranks 73rd out of 162 countries with data for 2025.
Is military spending rising or falling in Armenia?
Over the last ten years it is up 142.3%. The long-run trend across the full record is volatile.
Where does this Armenia 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

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.