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.

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Iran Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
9582.00 11231.00 18523.00 569.00 1960 - 2019 USD Million Yearly
constant 2018 prices

Iran Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.40 44.70 46.20 8.90 percent [+]
Government Budget -9.50 -5.50 6.60 -9.50 percent of GDP [+]
Government Budget Value -937852.00 -753339.00 -19764.50 -937852.00 IRR Billion [+]
Government Revenues 1838360.00 1676033.00 1838360.00 31006.10 IRR Billion [+]
Fiscal Expenditure 2776212.00 2429371.00 2776212.00 53545.60 IRR Billion [+]
Credit Rating 15.00 [+]
Military Expenditure 9582.00 11231.00 18523.00 569.00 USD Million [+]
Government Spending 176000.00 137313.00 236547.41 7002.11 RR Billion [+]