Military Expenditure in Argentina increased to 3143 USD Million in 2020 from 3133 USD Million in 2019. source: SIPRI
Military Expenditure in Argentina averaged 3929.24 USD Million from 1949 until 2020, reaching an all time high of 9718 USD Million in 1979 and a record low of 1337 USD Million in 1959. Argentina Military Expenditure - values, historical data and charts - was last updated on June of 2021.
Military Expenditure in Argentina is expected to reach 3000.00 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.