Military expenditure in Iraq
Iraq: Military expenditure was 8.09 trillion current LCU in 2024. ◆ Volatile
Military expenditure in Iraq, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
In 2024, military expenditure in Iraq stood at 8.09 trillion current LCU.
Compared with earlier readings it is up 7.7% on the previous year and up 0.3% over ten years.
Over the whole period, military expenditure in Iraq peaked at 11.21 trillion current LCU in 2015 and was at its lowest, 42.40 million current LCU, in 1960.
Iraq ranks 12th of 167 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 74.66 million current LCU | 42.40 million current LCU | 134.28 million current LCU | 10 |
| 1970s | 393.83 million current LCU | 143.23 million current LCU | 700.40 million current LCU | 10 |
| 1980s | 1.04 billion current LCU | 879.00 million current LCU | 1.21 billion current LCU | 2 |
| 2000s | 2.39 trillion current LCU | 892.00 billion current LCU | 3.79 trillion current LCU | 6 |
| 2010s | 7.50 trillion current LCU | 4.39 trillion current LCU | 11.21 trillion current LCU | 10 |
| 2020s | 7.23 trillion current LCU | 6.77 trillion current LCU | 8.09 trillion current LCU | 5 |
Countries ranked near Iraq
More public sector data for Iraq
- Arms imports 23.00 million SIPRI trend indicator values (2024)
- Tax revenue 1.3% (2019)
- Taxes on income, profits and capital gains 2.0% (2019)
- Taxes on goods and services 0.4% (2019)
- Net investment in nonfinancial assets 9.0% (2019)
- Net lending (+) / net borrowing (-) 2.0% (2019)
- Interest payments 0.0% (2019)
- Grants and other revenue 96.5% (2019)
- Interest payments 0.0% (2019)
- Other taxes 0.2% (2019)
Frequently asked questions
- What is military expenditure in Iraq?
- Military expenditure in Iraq was 8.09 trillion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Iraq?
- The highest recorded value was 11.21 trillion current LCU in 2015.
- What is the lowest military expenditure recorded in Iraq?
- The lowest recorded value was 42.40 million current LCU in 1960.
- How does Iraq rank for military expenditure?
- Iraq ranks 12th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Iraq?
- Over the last ten years it is up 0.3%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military expenditure in local currency at current prices (by calendar year)