Iran, Islamic Rep.—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #34 of 156Updated April 2026
Latest Value
$7.89B
2024
YoY Change
+6.8%
2023 → 2024
Global Rank
#34
of 156 countries
Maximum
$16.49B
2012
Minimum
$3.24B
2002
CAGR
-0.2%
25 years
Last
$7.89B
Previous
$7.39B
Highest
$16.49B
Lowest
$3.24B
Source
World Bank World Development Indicators
Iran, Islamic Rep.'s military expenditure (usd) was $7.89B in 2024, ranking #34 out of 156 countries. This represents a +6.8% change from 2023. Over the past 25 years, the highest recorded value was $16.49B (2012) and the lowest was $3.24B (2002). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $7.89B | +6.8% |
| 2023 | $7.39B | -0.9% |
| 2022 | $7.46B | +30.9% |
| 2021 | $5.70B | +70.2% |
| 2020 | $3.35B | -31.9% |
| 2019 | $4.92B | -58.3% |
| 2018 | $11.80B | -15.3% |
| 2017 | $13.93B | +13.6% |
| 2016 | $12.26B | +15.8% |
| 2015 | $10.59B | +6.9% |
| 2014 | $9.90B | -17.5% |
| 2013 | $12.00B | -27.3% |
| 2012 | $16.49B | +15.5% |
| 2011 | $14.28B | +5.3% |
| 2010 | $13.56B | +7.8% |
| 2009 | $12.58B | +13.6% |
| 2008 | $11.08B | +18.8% |
| 2007 | $9.33B | +6.6% |
| 2006 | $8.75B | +28.8% |
| 2005 | $6.80B | +29.6% |
| 2004 | $5.24B | +41.1% |
| 2003 | $3.72B | +14.6% |
| 2002 | $3.24B | -68.7% |
| 2001 | $10.38B | +24.6% |
| 2000 | $8.33B |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |