Armenia—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #70 of 156Updated April 2026
Latest Value
$1.42B
2024
YoY Change
+6.9%
2023 → 2024
Global Rank
#70
of 156 countries
Maximum
$1.42B
2024
Minimum
$64.1M
2002
CAGR
+13.5%
25 years
Last
$1.42B
Previous
$1.33B
Highest
$1.42B
Lowest
$64.1M
Source
World Bank World Development Indicators
Armenia's military expenditure (usd) was $1.42B in 2024, ranking #70 out of 156 countries. This represents a +6.9% change from 2023. Over the past 25 years, the highest recorded value was $1.42B (2024) and the lowest was $64.1M (2002). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $1.42B | +6.9% |
| 2023 | $1.33B | +66.8% |
| 2022 | $795.2M | +28.4% |
| 2021 | $619.4M | -2.3% |
| 2020 | $634.0M | -2.8% |
| 2019 | $652.0M | +27.0% |
| 2018 | $513.3M | +15.7% |
| 2017 | $443.6M | +2.8% |
| 2016 | $431.4M | -3.6% |
| 2015 | $447.4M | -2.3% |
| 2014 | $457.8M | +3.0% |
| 2013 | $444.6M | +16.8% |
| 2012 | $380.6M | -2.6% |
| 2011 | $390.9M | -1.0% |
| 2010 | $395.0M | +9.9% |
| 2009 | $359.5M | -9.2% |
| 2008 | $396.0M | +41.4% |
| 2007 | $280.1M | +48.8% |
| 2006 | $188.2M | +33.7% |
| 2005 | $140.7M | +43.5% |
| 2004 | $98.1M | +28.0% |
| 2003 | $76.6M | +19.5% |
| 2002 | $64.1M | -3.2% |
| 2001 | $66.2M | -2.7% |
| 2000 | $68.1M |
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 |