Ratio of military expenditure to gross domestic product (GDP) in Argentina 2022
The ratio of military expenditure to gross domestic product (GDP) in Argentina decreased by 0.2 percentage points (-31.75 percent) in 2022 in comparison to the previous year. This marks the lowest ratio during the observed period.
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.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Paraguay and Chile.
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.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Paraguay and Chile.
