Iraq vs Low income: Military expenditure

Iraq
6.18 billion current USD
in 2024
Low income
9.31 billion current USD
in 2024
Iraq rank
40th
Low income rank
40th

Military expenditure over time

  • Iraq
  • Low income
02.0B4.0B6.0B8.0B10.0B196019922024

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 40th of 167 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 40th of 167 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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Iraq vs Low income: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 23 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/iraq/low-income/

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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)