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.

Military spending in Armenia, year by year

Annual values for Military spending in Armenia, 1992 to 2025.
Year constant 2024 US$ Change
1992 208.18 million constant 2024 US$ —
1993 76.78 million constant 2024 US$ -63.1%
1995 189.74 million constant 2024 US$ +147.1%
1996 163.65 million constant 2024 US$ -13.8%
1997 208.08 million constant 2024 US$ +27.2%
1998 205.25 million constant 2024 US$ -1.4%
1999 220.89 million constant 2024 US$ +7.6%
2000 223.91 million constant 2024 US$ +1.4%
2001 217.41 million constant 2024 US$ -2.9%
2002 215.03 million constant 2024 US$ -1.1%
2003 247.63 million constant 2024 US$ +15.2%
2004 273.24 million constant 2024 US$ +10.3%
2005 334.30 million constant 2024 US$ +22.3%
2006 394.91 million constant 2024 US$ +18.1%
2007 462.90 million constant 2024 US$ +17.2%
2008 537.25 million constant 2024 US$ +16.1%
2009 560.02 million constant 2024 US$ +4.2%
2010 585.08 million constant 2024 US$ +4.5%
2011 536.14 million constant 2024 US$ -8.4%
2012 548.98 million constant 2024 US$ +2.4%
2013 618.03 million constant 2024 US$ +12.6%
2014 627.53 million constant 2024 US$ +1.5%
2015 679.30 million constant 2024 US$ +8.2%
2016 667.89 million constant 2024 US$ -1.7%
2017 683.66 million constant 2024 US$ +2.4%
2018 771.68 million constant 2024 US$ +12.9%
2019 961.33 million constant 2024 US$ +24.6%
2020 933.88 million constant 2024 US$ -2.9%
2021 883.10 million constant 2024 US$ -5.4%
2022 903.50 million constant 2024 US$ +2.3%
2023 1.33 billion constant 2024 US$ +47.1%
2024 1.42 billion constant 2024 US$ +6.7%
2025 1.65 billion constant 2024 US$ +16.0%

Armenia compared with similar countries

  • Armenia's 1.65 billion constant 2024 US$ is above the median for upper middle income countries, which is 1.62 billion constant 2024 US$, 1.0× the median. (46 countries reporting)
  • Armenia's 1.65 billion constant 2024 US$ is below the median for Europe & Central Asia, which is 2.80 billion constant 2024 US$, 59% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending 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
1995 +147.1% 76.78 million constant 2024 US$ 189.74 million constant 2024 US$

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
  6. 76 Ireland 1.46 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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Military spending in Armenia. Statizoid, drawing on Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Retrieved 28 September 2026, from https://reference.statizoid.com/stat/military-spending-sipri/armenia/

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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.