Argentina: military expenditure as percentage of GDP 2007-2022

The military spending as percentage of the Gross Domestic Product (GDP) of Argentina has oscillated between 0.4 and 0.9 percent since 2007 until 2023. In 2023, the military expenditure reported by the South American country accounted for approximately 0.5 percent of the country's GDP, a decreasing from the share observed a year earlier. However, figures are, as the source notes, highly uncertain due to the lack of official inflation data.