In 2022, Azerbaijan's military spending was approximately 3.8 times the expenditure of Armenia, measured at almost three billion current U.S. dollars. That represented more than five percent of Azerbaijan's gross domestic product (GDP). Between 2021 and 2022, Azerbaijan increased its defense spending by 10.6 percent. Over the observed period, the country's expenditure on its military peaked at over 3.4 billion current U.S. dollars in 2014.
Military spending of Armenia and Azerbaijan from 2007 to 2022
(in million current U.S. dollars)
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SIPRI. (April 24, 2023). Military spending of Armenia and Azerbaijan from 2007 to 2022 (in million current U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1416025/military-expenditure-armenia-azerbaijan/
SIPRI. "Military spending of Armenia and Azerbaijan from 2007 to 2022 (in million current U.S. dollars)." Chart. April 24, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1416025/military-expenditure-armenia-azerbaijan/
SIPRI. (2023). Military spending of Armenia and Azerbaijan from 2007 to 2022 (in million current U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1416025/military-expenditure-armenia-azerbaijan/
SIPRI. "Military Spending of Armenia and Azerbaijan from 2007 to 2022 (in Million Current U.S. Dollars)." Statista, Statista Inc., 24 Apr 2023, https://www.statista.com/statistics/1416025/military-expenditure-armenia-azerbaijan/
SIPRI, Military spending of Armenia and Azerbaijan from 2007 to 2022 (in million current U.S. dollars) Statista, https://www.statista.com/statistics/1416025/military-expenditure-armenia-azerbaijan/ (last visited July 22, 2024)
Military spending of Armenia and Azerbaijan from 2007 to 2022 (in million current U.S. dollars) [Graph], SIPRI, April 24, 2023. [Online]. Available: https://www.statista.com/statistics/1416025/military-expenditure-armenia-azerbaijan/