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Military Expenditure (Local Currency) in Iran

Source: World Bank
Last Updated: May 1, 2024

Military expenditure in local currency reached IQD 1,850,575 bil in 2022 in Iran, according to the SIPRI Military Expenditure Database. This is 46.4% more than in the previous year.

Historically, military expenditure in local currency in Iran reached an all time high of IQD 1,850,575 bil in 2022 and an all time low of IQD 7.48 bil in 1960.

Iran has been ranked 2nd within the group of 150 countries we follow in terms of military expenditure in local currency.

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