Iraq—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #39 of 156Updated April 2026
Latest Value
$6.18B
2024
YoY Change
+12.0%
2023 → 2024
Global Rank
#39
of 156 countries
Maximum
$9.60B
2015
Minimum
$613.7M
2004
CAGR
+12.2%
21 years
Last
$6.18B
Previous
$5.52B
Highest
$9.60B
Lowest
$613.7M
Source
World Bank World Development Indicators
Iraq's military expenditure (usd) was $6.18B in 2024, ranking #39 out of 156 countries. This represents a +12.0% change from 2023. Over the past 21 years, the highest recorded value was $9.60B (2015) and the lowest was $613.7M (2004). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $6.18B | +12.0% |
| 2023 | $5.52B | +17.6% |
| 2022 | $4.69B | -1.7% |
| 2021 | $4.77B | -15.5% |
| 2020 | $5.65B | -25.7% |
| 2019 | $7.60B | +20.3% |
| 2018 | $6.32B | -14.8% |
| 2017 | $7.42B | +24.2% |
| 2016 | $5.97B | -37.8% |
| 2015 | $9.60B | +38.7% |
| 2014 | $6.92B | -11.0% |
| 2013 | $7.78B | +87.9% |
| 2012 | $4.14B | -3.2% |
| 2011 | $4.28B | +14.0% |
| 2010 | $3.75B | +15.9% |
| 2009 | $3.24B | +3.9% |
| 2008 | $3.12B | +56.6% |
| 2007 | $1.99B | +61.0% |
| 2006 | $1.24B | +10.3% |
| 2005 | $1.12B | +82.5% |
| 2004 | $613.7M |
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 |