Argentina - Military Expenditure
Since 2014, Argentina Military Expenditure decreased by 8.8% year on year. In 2019, the country was number 52 comparing other countries in Military Expenditure with $3,143,285,844.82. Argentina is overtaken by Austria, which was number 51 at $3,237,796,686.07 and is followed by New Zealand with $2,926,961,107.45. United States topped the ranking with $731,751,400,000 in 2019, that is a growth of 7.2% compared to 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria witnessed the best average annual growth at +23.3% per year, while Venezuela witnessed the worst performance at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 3,143,285,844.82 |
| 2018 | 3,842,852,365.32 |
| 2017 | 5,459,643,672.45 |
| 2016 | 4,509,647,660.05 |
| 2015 | 5,482,616,700.96 |
Download all data from 1962 to 2019
How does Argentina rank in Military Expenditure?
| # | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
| 2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
| 51 |
#51
Austria
|
3,237,796,686.07 | 2019 | -4.4 % | -0.4 % | View data | |
| 52 |
#52
Argentina
|
3,143,285,844.82 | 2019 | -18.2 % | -8.8 % | View data | |
| 53 |
#53
New Zealand
|
2,926,961,107.45 | 2019 | +15.9 % | +5.2 % | View data | |