Argentina's military expenditure (current USD) was 3.88 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 29.31% from 5.48 billion in 2015 (3.41% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 3.88 billion | 2025 |
| Five years earlier | 2.83 billion | 2020 |
| Ten years earlier | 5.48 billion | 2015 |
| Highest | 6.48 billion | 1980 |
| Lowest | 242.22 million | 1963 |
| Average since 2016 | 4.01 billion | 2016–2025 |
| First recorded | 305.16 million |
What the numbers say
In 2025, Argentina's military expenditure (current USD) fell 7.3% on 2024 (from 4.18 billion to 3.88 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +2.9% and a typical year strayed about 19.8% from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 156.8% in 1976 and the biggest yearly fall was 65% in 2002. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 2% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Argentina had the 50th highest value of the 150 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Argentina | 3.88 billion | 2025 |
| World | 2.86 trillion | 2025 |
| Latin America & Caribbean | 73.39 billion | 2025 |
| Upper middle income | 619.58 billion | 2025 |
Closest to Argentina in the 2025 ranking
- Hungary — 47th of 150: 5 billion
- Azerbaijan — 48th of 150: 4.94 billion
- Malaysia — 49th of 150: 4.93 billion
- Bangladesh — 51st of 150: 3.83 billion
- South Africa — 52nd of 150: 3.17 billion
- Slovak Republic — 53rd of 150: 3.12 billion
What this measures
Military spending USD, in current prices (converted at the exchange rate for the given year)
Limitations: SIPRI strives to compile reliable, consistent military expenditure data by assessing multiple sources, but accuracy depends on the quality and transparency of those sources. Challenges arise from two key issues: whether reported figures reflect actual spending and how closely they match SIPRI’s definition. While data is generally accurate in developed and many developing countries, weak governance, corruption, and secret transfers in others can lead to major discrepancies. SIPRI sometimes makes estimates, when sources conflict or lack coverage, introducing uncertainty, especially for countries like China or the UAE.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 64 values
| Year | Military expenditure (current USD) |
|---|---|
| 2025 | 3,875,750,072 |
| 2024 | 4,179,838,657 |
| 2023 | 4,882,352,999 |
| 2022 | 4,338,261,310 |
| 2021 | 3,073,433,323 |
| 2020 | 2,830,929,705 |
| 2019 | 3,132,654,926 |
| 2018 | 3,842,852,365 |
| 2017 | 5,459,643,672 |
| 2016 | 4,509,647,660 |
| 2015 |
Military expenditure (current USD) in nearby economies
- Belize — 33.32 million (2025)
- Bolivia — 688.31 million (2025)
- Brazil — 23.95 billion (2025)
- Chile — 5.33 billion (2025)
- Colombia — 14.5 billion (2025)
- Costa Rica — 0 (2025)
- Cuba — 128.61 million (2018)
- Dominican Republic — 1.04 billion (2025)
- Ecuador — 2.74 billion (2025)
- El Salvador — 490 million (2025)
- Guatemala
More public sector data for Argentina
- Military expenditure (current LCU) — 4.82 trillion (2025)
- Military expenditure (% of GDP) — 0.56% (2025)
- Arms imports (SIPRI trend indicator values) — 108 million (2025)
- Grants and other revenue (current LCU) — 8.18 trillion (2024)
- Grants and other revenue (% of revenue) — 8.29% (2024)
- Social contributions (current LCU) — 29.54 trillion (2024)
- Social contributions (% of revenue) — 29.96% (2024)
- Revenue, excluding grants (current LCU) — 98.45 trillion (2024)
- Revenue, excluding grants (% of GDP) — 16.86% (2024)
- Taxes on exports (current LCU)
Reading data like this
Questions people ask
- What is Argentina's military expenditure (current USD)?
- 3.88 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1962?
- It is up 1,170% from 305.16 million in 1962 (4.12% a year on average, compounded). The highest value was 6.48 billion in 1980 and the lowest 242.22 million in 1963.
- How does Argentina rank?
- 50th highest of 150 economies with data for 2025.
- Is the latest change in military expenditure (current USD) unusual for Argentina?
- In 2025, Argentina's military expenditure (current USD) fell 7.3% on 2024 (from 4.18 billion to 3.88 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +2.9% and a typical year strayed about 19.8% from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator MS.MIL.XPND.CD, licensed CC BY 4.0. Original source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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