Argentina vs Peru

Argentina vs Peru: Military spending in US dollars

Military spending in US dollars in 2025: $3.73B in Argentina and $2.43B in Peru, by SIPRI estimates. In 2025 the value was higher in Argentina, by $1.3B, or 1.54 times that in Peru.

US dollars at 2024 prices · SIPRI

Argentina vs Peru: Military spending in US dollarsMilitary spending in US dollars in 2025: $3.73B in Argentina and $2.43B in Peru, by SIPRI estimates. In 2025 the value was higher in Argentina, by $1.3B, or 1.54 times that in Peru.
ArgentinaPeruSIPRI estimateHighly uncertain

What the numbers say

  • Argentina has been higher since 1976, when it overtook Peru.
  • In 2025, Argentina ranked 51 and Peru ranked 60 of 151 countries, counting from the highest.

Every year

US dollars at 2024 prices · SIPRI

YearArgentinaPeru
2025$3.73B$2.43B
2024$4.18B$2.54B
2023$5.06B$3.37B
2022$4.62B$3.11B
2021$4.11B$3.21B
2020$4.17B$3.03B
2019$4.48B$3.06B
2018$4.92B$2.97B
2017$5.53B$3.01B
2016$5.1B$3.05B
2015$5.24B$3.89B
2014$5.29B$3.49B
2013$5.12B$3.53B
2012$4.57B$3.06B
2011$4.62B$2.73B
2010$4.69B$2.67B
2009$4.74B$2.46B
2008$4.4B$2B
2007$4.43B$2B
2006$4.09B$2.07B
2005$3.97B$1.98B
2004$3.78B$1.6B
2003$3.67B$1.63B
2002$3.57B$1.59B
2001$4.18B$1.71B
2000$4.25B$1.75B
1999$4.46B$1.91B
1998$4.33B$1.97B
1997$4.29B$1.98B
1996$4.36B$2.35B
1995$4.92B$2.44B
1994$5.02B$2.07B
1993$4.69B$2B
1992$4.97B$1.76B
1991$5.25B$1.46B
1990$5.23B$2.02B
1989$7.7B$2.41B
1988$9.47B$3.48B
1987$9.48B$6.89B
1986$9.5B$6.32B
1985$9.54B$6.81B
1984$10.3B$5.66B
1983$13.2B$7.77B
1982$11.5B$9.62B
1981$13.4B$7.51B
1980$12.6B$8.59B
1979$14.1B$5.84B
1978$13.6B$8.65B
1977$12.7B$11.4B
1976$12B$7.87B
1975$6.64B$6.95B
1974$5.23B$5.27B
1973$5.14B$4.93B
1972$4.9B$4.1B
1971$4.77B$3.93B
1970$4.62B$3.7B
1969$4.81B$2.3B
1968$3.94B$2.14B
1967$3.26B$4.3B
1966$2.93B$2.49B
1965$2.83B$2.48B
1964$2.94B$2.62B
1963$3.49B$2.32B
1962$3.43B$1.68B
1961$3.54B$1.7B
1960$2.91B$1.43B
1959$1.94B$1.37B
1958$3.45B$1.4B
1957$6.4B$1.39B
1956$3.61B$1.43B
1955$3.85B$1.26B
1954$3.82B$1.13B
1953$4B$1.11B
1952$3.07B$1.07B
1951$3.02B$1.12B
1950$4.45B$974M
1949$5.61B$897M
  • Estimate
  • Highly uncertain

Each country on its own

Good to know

  • What the country spends on its armed forces and defence, in constant 2024 US dollars so that years compare, by SIPRI’s count.
  • Source: Information from the Stockholm International Peace Research Institute (SIPRI) Military Expenditure Database, https://doi.org/10.55163/CQGC9685.
  • Marked points are SIPRI’s own: a dot where it gives the figure as its estimate, a ring where it calls the figure highly uncertain.
  • Ranks count the 151 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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