Military Expenditure in Argentina decreased to 5337 USD Million in 2018 from 5460 USD Million in 2017. Military Expenditure in Argentina averaged 5582.50 USD Million from 1949 until 2018, reaching an all time high of 13711 USD Million in 1979 and a record low of 1886 USD Million in 1959. source: SIPRI

Military Expenditure in Argentina is expected to be 5238.37 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Military Expenditure is projected to trend around 5450.00 USD Million in 2020, according to our econometric models.


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Argentina Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
5337.00 5460.00 13711.00 1886.00 1949 - 2018 USD Million Yearly
constant 2016 prices

Argentina Government Last Previous Highest Lowest Unit
Government Debt to GDP 86.20 56.60 166.70 34.50 percent [+]
Government Budget -5.50 -6.10 3.70 -6.40 percent of GDP [+]
Government Budget Value -120147.40 -6397.00 25973.80 -135316.20 ARS Million [+]
Government Spending 94453.00 94405.00 105558.00 49687.00 ARS Million [+]
Government Revenues 627465.40 470442.40 627465.40 3240.10 ARS Million [+]
Fiscal Expenditure 852868.20 476839.40 852868.20 3240.10 ARS Million [+]
Credit Rating 12.00 [+]
Tax Revenue 492366.63 474870.11 492366.63 2818.66 ARS Million [+]
Military Expenditure 5337.00 5460.00 13711.00 1886.00 USD Million [+]