Military Expenditure in Argentina decreased to 5337 USD Million in 2018 from 5460 USD Million in 2017. source: SIPRI

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. Argentina Military Expenditure - values, historical data and charts - was last updated on October of 2020.

Military Expenditure in Argentina is expected to reach 5350.00 USD Million by the end of 2020, 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 2021, 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 89.40 86.00 166.70 34.50 percent [+]
Government Budget -3.80 -5.00 3.70 -6.40 percent of GDP [+]
Government Budget Value -167181.50 -251287.02 25973.80 -253706.20 ARS Million [+]
Government Spending 86822.00 90957.00 105392.00 49687.00 ARS Million [+]
Government Revenues 671334.10 609900.22 749012.40 3240.10 ARS Million [+]
Fiscal Expenditure 805790.00 832709.30 1037577.60 3240.10 ARS Million [+]
Tax Revenue 606510.00 612150.00 612150.00 2818.66 ARS Million [+]
Military Expenditure 5337.00 5460.00 13711.00 1886.00 USD Million [+]
Credit Rating 15.00 [+]