Iraq vs Low income: Military expenditure (current USD)
Iraq
6.18 billion current USD
in 2024
Low income
9.31 billion current USD
in 2024
Iraq rank
40th
Low income rank
42nd
Military expenditure (current USD) over time
- Iraq
- Low income
How they compare
Low income currently reports 9.31 billion current USD against 6.18 billion current USD in Iraq, a difference of 3.13 billion current USD.
That makes Low income's figure about 1.5 times Iraq's.
The two have swapped places 8 times across 31 shared years of data; in 1970 it was Low income ahead.
Iraq ranks 40th and Low income ranks 42nd of 168 countries.
Low income has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Iraq | Low income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.53 billion current USD | 1.59 billion current USD | 59.90 million current USD | Low income |
| 1980s | 3.53 billion current USD | 3.81 billion current USD | 278.88 million current USD | Low income |
| 2000s | 1.89 billion current USD | 7.08 billion current USD | 5.20 billion current USD | Low income |
| 2010s | 6.38 billion current USD | 6.47 billion current USD | 92.78 million current USD | Low income |
| 2020s | 5.36 billion current USD | 7.23 billion current USD | 1.86 billion current USD | Low income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, Iraq or Low income?
- Low income, at 9.31 billion current USD against 6.18 billion current USD in Iraq as of 2024.
- What is the difference in military expenditure between Iraq and Low income?
- 3.13 billion current USD, with Low income ahead.
- How many years of comparable data are there for Iraq and Low income?
- 31 years are reported by both, from 1970 to 2024.
- How do Iraq and Low income rank globally for military expenditure?
- Iraq ranks 40th and Low income ranks 42nd 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.
Individual pages
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)