In 2023, Azerbaijan's military spending was approximately 2.7 times the expenditure of Armenia, measured at almost 3.6 billion current U.S. dollars. That represented around five percent of Azerbaijan's gross domestic product (GDP). Between 2022 and 2023, Azerbaijan increased its defense spending by 19 percent. Over the observed period, the country's expenditure on its military peaked in 2023.
Military spending of Armenia and Azerbaijan from 2007 to 2023
(in million current U.S. dollars)
Characteristic
Armenia
Azerbaijan
2007
280.1
946.6
2008
396
1,607.8
2009
359.5
1,472.9
2010
395
1,476.6
2011
390.9
3,080.1
2012
380.6
3,246.1
2013
444.6
3,367.6
2014
457.8
3,427.2
2015
447.4
2,900.6
2016
431.4
1,397
2017
443.6
1,528.9
2018
513.3
1,672.2
2019
652
1,854.2
Created with Highcharts 7.2.2Military spending in million current U.S. dollarsArmeniaAzerbaijan20072008200920102011201220132014201520162017201820192020202120222023
05001,0001,5002,0002,5003,0003,5004,000
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SIPRI. (April 22, 2024). Military spending of Armenia and Azerbaijan from 2007 to 2023 (in million current U.S. dollars) [Graph]. In Statista. Retrieved January 05, 2025, from https://www.statista.com/statistics/1416025/military-expenditure-armenia-azerbaijan/
SIPRI. "Military spending of Armenia and Azerbaijan from 2007 to 2023 (in million current U.S. dollars)." Chart. April 22, 2024. Statista. Accessed January 05, 2025. https://www.statista.com/statistics/1416025/military-expenditure-armenia-azerbaijan/
SIPRI. (2024). Military spending of Armenia and Azerbaijan from 2007 to 2023 (in million current U.S. dollars). Statista. Statista Inc.. Accessed: January 05, 2025. https://www.statista.com/statistics/1416025/military-expenditure-armenia-azerbaijan/
SIPRI. "Military Spending of Armenia and Azerbaijan from 2007 to 2023 (in Million Current U.S. Dollars)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/1416025/military-expenditure-armenia-azerbaijan/
SIPRI, Military spending of Armenia and Azerbaijan from 2007 to 2023 (in million current U.S. dollars) Statista, https://www.statista.com/statistics/1416025/military-expenditure-armenia-azerbaijan/ (last visited January 05, 2025)
Military spending of Armenia and Azerbaijan from 2007 to 2023 (in million current U.S. dollars) [Graph], SIPRI, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/1416025/military-expenditure-armenia-azerbaijan/
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