Military expenditure in Iraq
Iraq: Military expenditure was 6.18 billion current USD in 2024. ◆ Volatile
Military expenditure in Iraq, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Iraq recorded 6.18 billion current USD for military expenditure in 2024.
The figure is up 12.0% on the previous year and down 10.8% over ten years.
Over the whole period, military expenditure in Iraq peaked at 9.60 billion current USD in 2015 and was at its lowest, 118.73 million current USD, in 1960.
Iraq ranks 40th of 167 countries on this measure, in the top quarter.
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 | 209.04 million current USD | 118.73 million current USD | 376.00 million current USD | 10 |
| 1970s | 1.31 billion current USD | 401.05 million current USD | 2.37 billion current USD | 10 |
| 1980s | 3.53 billion current USD | 2.98 billion current USD | 4.09 billion current USD | 2 |
| 2000s | 1.89 billion current USD | 613.73 million current USD | 3.24 billion current USD | 6 |
| 2010s | 6.38 billion current USD | 3.75 billion current USD | 9.60 billion current USD | 10 |
| 2020s | 5.36 billion current USD | 4.69 billion current USD | 6.18 billion current USD | 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 6.18 billion current USD 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 9.60 billion current USD in 2015.
- What is the lowest military expenditure recorded in Iraq?
- The lowest recorded value was 118.73 million current USD in 1960.
- How does Iraq rank for military expenditure?
- Iraq ranks 40th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Iraq?
- Over the last ten years it is down 10.8%. 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 USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)