Argentina AR: Military Expenditure

1960 - 2021 | Yearly | ARS mn | World Bank

Argentina AR: Military Expenditure data was reported at 246,232.000 ARS mn in 2021. This records an increase from the previous number of 199,750.400 ARS mn for 2020. Argentina AR: Military Expenditure data is updated yearly, averaging 1,863.000 ARS mn from Dec 1960 (Median) to 2021, with 62 observations. The data reached an all-time high of 246,232.000 ARS mn in 2021 and a record low of 0.000 ARS mn in 1965. Argentina AR: Military Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.);Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.;;Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

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Argentina Argentina AR: Military Expenditure
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Argentina Argentina AR: Military Expenditure

What was Argentina's Argentina AR: Military Expenditure in 2021?

Last Previous Min Max Unit Frequency Range
246,232.000 2021 199,750.400 2020 0.000 1965 246,232.000 2021 ARS mn yearly 1960 - 2021

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Argentina Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 30,656.300 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 14,489.737 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.000 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 78.8 Sep 2022 quarterly Mar 2005 - Sep 2022
GDP per Capita (USD) 13,659.387 2022 yearly 1962 - 2022
Gross Fixed Capital Formation (USD mn) 22,484.473 Jun 2024 quarterly Mar 1993 - Jun 2024
Gross National Product (GNP) (USD mn) 619,144.891 2022 yearly 1962 - 2022
Gross Savings Rate (%) 11.0 Mar 2023 quarterly Mar 2004 - Mar 2023
Investment: % of GDP (%) 13.4 Jun 2024 quarterly Mar 1993 - Jun 2024
Nominal GDP (USD mn) 161,468.8 Sep 2022 quarterly Mar 1993 - Sep 2022
Nominal GDP Growth (%) 250.930 Jun 2024 quarterly Mar 1994 - Jun 2024
Private Consumption Expenditure (USD mn) 107,405.939 Jun 2024 quarterly Mar 1993 - Jun 2024
Private Consumption: % of GDP (%) 69.6 Jun 2024 quarterly Mar 1993 - Jun 2024
Public Consumption Expenditure (USD mn) 23,368.136 Jun 2024 quarterly Mar 1993 - Jun 2024
Public Consumption: % of GDP (%) 15.1 Jun 2024 quarterly Mar 1993 - Jun 2024
Real GDP Growth (%) 1.2 Mar 2023 quarterly Mar 2005 - Mar 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 28.090 Jun 2024 quarterly Mar 1993 - Jun 2024
Production Last Frequency Range
Gold Production (kg) 43,000.000 2022 yearly 1990 - 2022
Industrial Production Index Growth (2004=100) 125.3 Sep 2024 monthly Jan 2016 - Sep 2024
Minerals Production (Metric Ton) 65,277,312.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 610,725.000 2023 yearly 1997 - 2023
Silver Production (Metric Ton) 910.000 2023 yearly 1986 - 2023
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.7 Jun 2024 quarterly Dec 2004 - Jun 2024
Forecast: Government Expenditure (ARS bn) 740,993.414 2029 yearly 1993 - 2029
Forecast: Government Net Debt (ARS bn) 1,158,144.357 2029 yearly 1992 - 2029
Forecast: Government Revenue (ARS bn) 770,888.979 2029 yearly 1993 - 2029
Government Debt: % of GDP (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
National Government Debt (USD mn) 442,514.9 Jun 2024 quarterly Dec 1994 - Jun 2024
Tax Revenue (USD mn) 9,096.893 Oct 2024 monthly Jan 1997 - Oct 2024
Consolidated Fiscal Balance (USD mn) 582.975 Sep 2024 monthly Jan 1993 - Sep 2024
Tax Revenue: % of GDP (%) 17.8 Jun 2024 quarterly Mar 2004 - Jun 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 13,298,000.000 Jun 2024 quarterly Mar 2003 - Jun 2024
Forecast: Population (Person mn) 49.149 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 7.000 2029 yearly 1980 - 2029
Labour Force Participation Rate (%) 60.8 2023 yearly 1990 - 2023
Labour Productivity Growth (%) -4.29 2023 yearly 1992 - 2023
Population (Person mn) 46.7 2023 yearly 1950 - 2023
Unemployment Rate (%) 6.90 Mar 2023 quarterly Jun 1990 - Mar 2023
Domestic Trade and Household Survey Last Frequency Range
Consumer Confidence Growth (% Point) -5.4 Oct 2024 monthly Mar 2002 - Oct 2024
Consumer Confidence: Net Balance (% Point) -16.4 Jun 2023 monthly Mar 2001 - Jun 2023
Household Income per Capita (USD) 4,522.736 2023 yearly 2004 - 2023
Motor Vehicle Sales: Commercial Cars (Unit) 164,445.000 2023 yearly 2005 - 2023
Motor Vehicle Sales: Passenger Cars (Unit) 274,728.000 2023 yearly 2005 - 2023
Motor Vehicles Sales (Unit) 43,627 Oct 2024 monthly Jan 1996 - Oct 2024
Motor Vehicles Sales Growth (%) 7.0 Oct 2024 monthly Jan 1997 - Oct 2024
Retail Sales Growth (%) -10.1 Aug 2024 monthly Jan 2018 - Aug 2024

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