Argentina Military Spending/Defense Budget 1960-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Argentina military spending/defense budget for 2021 was $2.59B, a 8.45% decline from 2020.
  • Argentina military spending/defense budget for 2020 was $2.83B, a 9.63% decline from 2019.
  • Argentina military spending/defense budget for 2019 was $3.13B, a 18.48% decline from 2018.
  • Argentina military spending/defense budget for 2018 was $3.84B, a 29.61% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $800.67B
United Kingdom $68.37B
France $56.65B
Germany $56.02B
Saudi Arabia $55.56B
Japan $54.12B
South Korea $50.23B
Italy $32.01B
Australia $31.75B
Canada $26.45B
Israel $24.34B
Spain $19.54B
Netherlands $13.75B
Poland $13.71B
Qatar $11.59B
Singapore $11.12B
Kuwait $9.02B
Norway $8.25B
Greece $8.08B
Sweden $7.89B
Belgium $6.31B
Chile $6.23B
Finland $5.90B
Oman $5.78B
Switzerland $5.74B
Denmark $5.39B
Portugal $4.91B
Czech Republic $3.94B
Austria $3.83B
New Zealand $3.39B
Hungary $2.78B
Argentina $2.59B
Slovak Republic $1.98B
Croatia $1.74B
Bahrain $1.38B
Ireland $1.27B
Uruguay $1.26B
Lithuania $1.24B
Latvia $0.83B
Estonia $0.76B
Slovenia $0.73B
Cyprus $0.52B
Luxembourg $0.46B
Brunei $0.45B
Trinidad and Tobago $0.21B
Malta $0.08B
Seychelles $0.02B
Iceland $0.00B
Panama $0.00B
Argentina Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $2.59B 0.57%
2020 $2.83B 0.73%
2019 $3.13B 0.71%
2018 $3.84B 0.75%
2017 $5.46B 0.86%
2016 $4.51B 0.81%
2015 $5.48B 0.85%
2014 $4.98B 0.88%
2013 $5.14B 0.84%
2012 $4.56B 0.78%
2011 $4.05B 0.76%
2010 $3.48B 0.81%
2009 $2.98B 0.89%
2008 $2.79B 0.76%
2007 $2.30B 0.79%
2006 $1.85B 0.79%
2005 $1.70B 0.85%
2004 $1.47B 0.88%
2003 $1.37B 1.06%
2002 $1.11B 1.09%
2001 $3.18B 1.18%
2000 $3.27B 1.15%
1999 $3.46B 1.22%
1998 $3.40B 1.14%
1997 $3.34B 1.14%
1996 $3.38B 1.24%
1995 $3.80B 1.47%
1994 $3.75B 1.46%
1993 $3.37B 1.42%
1992 $3.25B 1.42%
1991 $2.86B 1.51%
1990 $2.05B 1.45%
1989 $1.44B 1.88%
1988 $2.70B 2.12%
1987 $2.49B 2.28%
1986 $2.45B 2.31%
1985 $2.03B 2.30%
1984 $2.53B 2.16%
1983 $2.85B 2.74%
1982 $2.28B 2.70%
1981 $5.88B 3.47%
1980 $6.48B 3.10%
1979 $5.06B 4.67%
1978 $3.10B 4.72%
1977 $2.06B 4.01%
1976 $2.05B 3.78%
1975 $0.80B 2.04%
1974 $1.63B 1.66%
1973 $1.29B 1.85%
1972 $0.77B 1.82%
1971 $0.52B 1.81%
1970 $0.45B 1.88%
1969 $0.44B 1.94%
1968 $0.34B 1.69%
1967 $0.25B 1.40%
1966 $0.28B 1.17%
1965 $0.25B 1.07%
1964 $0.25B 1.15%
1963 $0.24B 1.68%
1962 $0.31B 2.66%
1961 $0.00B 2.14%
1960 $0.00B 1.55%