Ratio of military expenditure to gross domestic product (GDP) in Argentina 2023

In 2023, the ratio of military expenditure to gross domestic product (GDP) in Argentina decreased by 0.2 percentage points (-28.99 percent) compared to 2022. The ratio thereby reached its lowest value in recent years. Over the observed period, the ratio has been subject to fluctuation.
Military expenditure refers to the total amount of money spent on a country's armed forces, including peacekeeping and defense operations. This figure is then given as a share of its gross domestic product (not total government expenditure). When comparing international figures there may be some discrepancies depending on what countries consider military spending.

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