Iran vs Least developed countries: Military expenditure (current USD)

Iran
7.89 billion current USD
in 2024
Least developed countries
23.48 billion current USD
in 2024
Iran rank
35th
Least developed countries rank
34th

Military expenditure (current USD) over time

  • Iran
  • Least developed countries
010.0B20.0B30.0B40.0B196019922024

How they compare

Least developed countries currently reports 23.48 billion current USD against 7.89 billion current USD in Iran, a difference of 15.59 billion current USD.

That makes Least developed countries's figure about 3.0 times Iran's.

The two have swapped places 6 times across 52 shared years of data; in 1973 it was Least developed countries ahead.

Iran ranks 35th and Least developed countries ranks 34th of 168 countries.

Across the 6 decades both report, Iran averaged higher in 3 and Least developed countries in 3.

Head to head by decade

Decade Iran Least developed countries Difference Ahead
1970s 5.46 billion current USD 1.48 billion current USD 3.98 billion current USD Iran
1980s 11.61 billion current USD 3.53 billion current USD 8.08 billion current USD Iran
1990s 7.97 billion current USD 7.82 billion current USD 154.15 million current USD Iran
2000s 7.95 billion current USD 19.01 billion current USD 11.06 billion current USD Least developed countries
2010s 11.97 billion current USD 16.04 billion current USD 4.07 billion current USD Least developed countries
2020s 6.36 billion current USD 19.46 billion current USD 13.10 billion current USD Least developed countries

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Iran or Least developed countries?
Least developed countries, at 23.48 billion current USD against 7.89 billion current USD in Iran as of 2024.
What is the difference in military expenditure between Iran and Least developed countries?
15.59 billion current USD, with Least developed countries ahead.
How many years of comparable data are there for Iran and Least developed countries?
52 years are reported by both, from 1973 to 2024.
How do Iran and Least developed countries rank globally for military expenditure?
Iran ranks 35th and Least developed countries ranks 34th of 168 countries.
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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Iran vs Least developed countries: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 October 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/iran-islamic-rep/least-developed-countries-un-classification/

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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
212 places, 10,618 data points, 1960–2024
Last refreshed

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