Military Expenditure in Iran increased to 24589.10 USD Million in 2021 from 15825.10 USD Million in 2020. source: SIPRI
Military Expenditure in Iran averaged 7813.88 USD Million from 1960 until 2021, reaching an all time high of 24589.10 USD Million in 2021 and a record low of 98.70 USD Million in 1960. Iran Military Expenditure - values, historical data and charts - was last updated on November of 2022.
Military Expenditure in Iran is expected to reach 15121.15 USD Million by the end of 2022, 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 2023 and 15220.83 USD Million in 2024, according to our econometric models.