Heavily indebted poor countries (HIPC) vs Iraq: Military expenditure

Heavily indebted poor countries (HIPC)
13.44 billion current USD
in 2024
Iraq
6.18 billion current USD
in 2024
Heavily indebted poor countries (HIPC) rank
39th
Iraq rank
40th

Military expenditure over time

  • Heavily indebted poor countries (HIPC)
  • Iraq
05.0B10.0B15.0B196019922024

How they compare

Heavily indebted poor countries (HIPC) currently reports 13.44 billion current USD against 6.18 billion current USD in Iraq, a difference of 7.27 billion current USD.

That makes Heavily indebted poor countries (HIPC)'s figure about 2.2 times Iraq's.

The two have swapped places 8 times across 35 shared years of data; in 1968 it was Heavily indebted poor countries (HIPC) ahead.

Heavily indebted poor countries (HIPC) ranks 39th and Iraq ranks 40th of 42 groups.

Across the 6 decades both report, Heavily indebted poor countries (HIPC) averaged higher in 4 and Iraq in 2.

Head to head by decade

Decade Heavily indebted poor countries (HIPC) Iraq Difference Ahead
1960s 360.23 million current USD 333.72 million current USD 26.52 million current USD Heavily indebted poor countries (HIPC)
1970s 1.18 billion current USD 1.31 billion current USD 130.39 million current USD Iraq
1980s 2.71 billion current USD 3.53 billion current USD 819.66 million current USD Iraq
2000s 5.87 billion current USD 1.89 billion current USD 3.98 billion current USD Heavily indebted poor countries (HIPC)
2010s 7.92 billion current USD 6.38 billion current USD 1.54 billion current USD Heavily indebted poor countries (HIPC)
2020s 11.84 billion current USD 5.36 billion current USD 6.47 billion current USD Heavily indebted poor countries (HIPC)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Heavily indebted poor countries (HIPC) or Iraq?
Heavily indebted poor countries (HIPC), at 13.44 billion current USD against 6.18 billion current USD in Iraq as of 2024.
What is the difference in military expenditure between Heavily indebted poor countries (HIPC) and Iraq?
7.27 billion current USD, with Heavily indebted poor countries (HIPC) ahead.
How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Iraq?
35 years are reported by both, from 1968 to 2024.
How do Heavily indebted poor countries (HIPC) and Iraq rank globally for military expenditure?
Heavily indebted poor countries (HIPC) ranks 39th and Iraq ranks 40th of 42 groups.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current USD). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Heavily indebted poor countries (HIPC) vs Iraq: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 25 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/heavily-indebted-poor-countries-hipc/iraq/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)