Argentina—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #50 of 156Updated April 2026
Latest Value
$4.18B
2024
YoY Change
-14.4%
2023 → 2024
Global Rank
#50
of 156 countries
Maximum
$5.48B
2015
Minimum
$1.11B
2002
CAGR
+1.0%
25 years
Last
$4.18B
Previous
$4.88B
Highest
$5.48B
Lowest
$1.11B
Source
World Bank World Development Indicators
Argentina's military expenditure (usd) was $4.18B in 2024, ranking #50 out of 156 countries. This represents a -14.4% change from 2023. Over the past 25 years, the highest recorded value was $5.48B (2015) and the lowest was $1.11B (2002). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $4.18B | -14.4% |
| 2023 | $4.88B | +12.5% |
| 2022 | $4.34B | +41.2% |
| 2021 | $3.07B | +8.6% |
| 2020 | $2.83B | -9.6% |
| 2019 | $3.13B | -18.5% |
| 2018 | $3.84B | -29.6% |
| 2017 | $5.46B | +21.1% |
| 2016 | $4.51B | -17.7% |
| 2015 | $5.48B | +10.1% |
| 2014 | $4.98B | -3.1% |
| 2013 | $5.14B | +12.6% |
| 2012 | $4.56B | +12.6% |
| 2011 | $4.05B | +16.6% |
| 2010 | $3.48B | +16.5% |
| 2009 | $2.98B | +6.9% |
| 2008 | $2.79B | +21.4% |
| 2007 | $2.30B | +24.3% |
| 2006 | $1.85B | +8.7% |
| 2005 | $1.70B | +15.9% |
| 2004 | $1.47B | +6.6% |
| 2003 | $1.37B | +23.4% |
| 2002 | $1.11B | -65.0% |
| 2001 | $3.18B | -2.5% |
| 2000 | $3.27B |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |