🇮🇷 Iran, Islamic Rep. Military expenditure
Iran, Islamic Rep. Military expenditure was $7.89B in 2024, up 6.8% from 2023, according to World Bank data. The 10-year average is $8.53B. Historical data available from 1960 to 2024 (65 data points). The all-time high was $19.73B in 1992.
Source: World Bank World Development Indicators • 1960–2024 • 65 data points • Public Sector
Latest Value
$7.89B
2024
Year-on-Year
+6.8%
vs 2023
10-Year Average
$8.53B
2015–2024
Range
High: $19.73B (1992)
Low: $98.68M (1960)
Iran, Islamic Rep. Military expenditure (current USD) — 1960 to 2024
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About this Indicator
Military spending USD, in current prices (converted at the exchange rate for the given year)
Historical Data Table
| Year | Value |
|---|---|
| 2024 | $7.89B |
| 2023 | $7.39B |
| 2022 | $7.46B |
| 2021 | $5.70B |
| 2020 | $3.35B |
| 2019 | $4.92B |
| 2018 | $11.80B |
| 2017 | $13.93B |
| 2016 | $12.26B |
| 2015 | $10.59B |
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<iframe src="https://nationstat.com/country/iran-islamic-rep/military-expenditure-current-usd" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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