Military Expenditure in Argentina decreased to 3488 USD Million in 2019 from 3843 USD Million in 2018. source: SIPRI

Military Expenditure in Argentina averaged 4397.58 USD Million from 1949 until 2019, reaching an all time high of 10846 USD Million in 1979 and a record low of 1492 USD Million in 1959. Argentina Military Expenditure - values, historical data and charts - was last updated on May of 2021.

Military Expenditure in Argentina is expected to reach 2800.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Military Expenditure is projected to trend around 3200.00 USD Million in 2022 and 3400.00 USD Million in 2023, according to our econometric models.

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Argentina Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
3488.00 3843.00 10846.00 1492.00 1949 - 2019 USD Million Yearly
constant 2018 prices

Argentina Government Last Previous Highest Lowest Unit
Government Debt to GDP 102.00 90.20 166.70 34.50 percent [+]
Government Budget -8.50 -3.80 3.70 -8.50 percent of GDP [+]
Government Budget Value -74465.70 -18757.20 25973.80 -307627.50 ARS Million [+]
Government Spending 96832.00 90647.00 105392.00 49687.00 ARS Million [+]
Government Revenues 761323.70 705236.20 837104.50 3240.10 ARS Million [+]
Tax Revenue 817882.12 763857.82 817882.12 2818.66 ARS Million [+]
Military Expenditure 3488.00 3843.00 10846.00 1492.00 USD Million [+]
Credit Rating 15.00 [+]