Military Expenditure in Iran decreased to 9582 USD Million in 2019 from 11231 USD Million in 2018. source: SIPRI
Military Expenditure in Iran averaged 7828.43 USD Million from 1960 until 2019, reaching an all time high of 18523 USD Million in 1976 and a record low of 569 USD Million in 1960. Iran Military Expenditure - values, historical data and charts - was last updated on April of 2021.
Military Expenditure in Iran is expected to reach 15121.15 USD Million by the end of 2021, 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 2022 and 15220.83 USD Million in 2023, according to our econometric models.