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Military Expenditure (Local Currency) in Armenia

Source: World Bank
Last Updated: October 23, 2023

Military expenditure in local currency reached AMD 347 bil in 2022 in Armenia, according to the SIPRI Military Expenditure Database. This is 11.2% more than in the previous year.

Historically, military expenditure in local currency in Armenia reached an all time high of AMD 347 bil in 2022 and an all time low of AMD 0.007 bil in 1992.

Armenia has been ranked 33rd within the group of 150 countries we follow in terms of military expenditure in local currency.

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