Argentina: Military expenditure (% of GDP)
In , Argentina's Military expenditure (% of GDP) was 0.62.
That's down 18.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Argentina ranks #133 globally out of 147 reporting countries. Within Latin America & Caribbean, it ranks #17 of 20.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 0.89
- Trough
- 0.62
- 1-year change
- -18.2%
- 5-year change
- -11.6%
- -2.4% / yr
- 10-year change
- -29.6%
- -3.4% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 0.6184 | |
| 0.7557 | |
| 0.6846 | |
| 0.6318 | |
| 0.7341 | |
| 0.6997 | |
| 0.7323 | |
| 0.8478 | |
| 0.8092 | |
| 0.8501 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was Argentina's Military expenditure (% of GDP) in 2024?
- In 2024, Argentina's Military expenditure (% of GDP) was 0.62, according to World Bank Open Data.
- Is Argentina's Military expenditure (% of GDP) rising or falling?
- Argentina's Military expenditure (% of GDP) fell 18.2% from 2023 to 2024.
- How does Argentina rank globally on Military expenditure (% of GDP)?
- In 2024, Argentina ranked #133 out of 147 countries reporting Military expenditure (% of GDP).
- How does Argentina's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Argentina is below the world average. Within Latin America & Caribbean, it ranks #17 of 20.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.