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Military Expenditure in Argentina, 1960-2022

Military Expenditure in Argentina, 1960-2022

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TGM StatBox. (2024). Military Expenditure in Argentina, 1960-2022. TGM StatBox.
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Key Takeaways

Argentina's military expenditure peaked during the military dictatorship era of 1976–1983, reaching 4.7% of GDP in 1979. This surge reflects heightened spending due to internal security measures and the 1982 Falklands War. After the return to democracy in 1983, expenditure began a steady decline, falling to 1.5% by 1991. This reduction aligns with broader economic reforms and reduced militarization priorities during the 1990s.

Since the early 2000s, military spending has remained consistently low, averaging under 1% of GDP, reflecting Argentina’s focus on economic recovery and limited international security engagements. The decline to just 0.4% by 2022 highlights fiscal constraints and the prioritization of social and economic issues over defense.

For additional information, visit statistics on Argentina’s agriculture share in GDP, Argentina’s services sector share in GDP, Military personnel ratio in Argentina.

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