Armenia—Military Spending (% of govt expenditure)
Category: MilitarySource: World Bank World Development Indicators
Latest Value
18.3%
2024
YoY Change
-10.2%
2023 → 2024
Maximum
20.4%
2023
Minimum
13.6%
2007
CAGR
+1.3%
20 years
Last
18.3%
Previous
20.4%
Highest
20.4%
Lowest
13.6%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 18.3% | -10.2% |
| 2023 | 20.4% | +31.9% |
| 2022 | 15.5% | -0.7% |
| 2021 | 15.6% | -4.2% |
| 2020 | 16.3% | -15.4% |
| 2019 | 19.2% | +12.2% |
| 2018 | 17.1% | +15.8% |
| 2017 | 14.8% | -2.2% |
| 2016 | 15.1% | -6.1% |
| 2015 | 16.1% | -2.1% |
| 2014 | 16.4% | -2.1% |
| 2013 | 16.8% | +5.1% |
| 2012 | 16.0% | +3.6% |
| 2011 | 15.4% | -5.2% |
| 2010 | 16.3% | +11.8% |
| 2009 | 14.6% | -4.7% |
| 2008 | 15.3% | +12.5% |
| 2007 | 13.6% | -7.9% |
| 2006 | 14.7% | +2.0% |
| 2005 | 14.5% |