Military Expenditure in Iran decreased to 12612 USD Million in 2018 from 13931 USD Million in 2017. source: SIPRI

Military Expenditure in Iran averaged 7435.07 USD Million from 1960 until 2018, reaching an all time high of 17581 USD Million in 1976 and a record low of 540 USD Million in 1960. Iran Military Expenditure - values, historical data and charts - was last updated on November of 2020.

Military Expenditure in Iran is expected to reach 15226.69 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iran Military Expenditure is projected to trend around 15348.08 USD Million in 2021 and 15220.83 USD Million in 2022, according to our econometric models.

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Iran Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
12612.00 13931.00 17581.00 540.00 1960 - 2018 USD Million Yearly
constant 2017 prices

Iran Government Last Previous Highest Lowest Unit
Government Debt to GDP 37.90 44.20 47.50 8.90 percent [+]
Government Budget -4.40 -3.90 6.60 -6.20 percent of GDP [+]
Government Budget Value -778100.00 -610301.10 -19764.50 -778100.00 IRR Billion [+]
Government Revenues 2161900.00 1459875.40 2161900.00 31006.10 IRR Billion [+]
Fiscal Expenditure 2429400.00 2070176.50 2429400.00 53545.60 IRR Billion [+]
Military Expenditure 12612.00 13931.00 17581.00 540.00 USD Million [+]
Government Spending 196074.00 138965.00 236547.41 7002.11 RR Billion [+]
Credit Rating 15.00 [+]