Military expenditure (current USD), gaps filled in Iran

Iran: Military expenditure (current USD), gaps filled was 7.89 billion current USD in 2024. ◆ Volatile

Latest (2024)
7.89 billion current USD
Change on year
up 6.8%
World rank
35th
of 167 countries
All-time high
19.73 billion current USD
in 1992
All-time low
98.68 million current USD
in 1960
Years of data
65
1960–2024

Military expenditure (current USD), gaps filled in Iran, 1960–2024

05.0B10.0B15.0B20.0B196019922024

Source: Statizoid (derived). Measured in current USD.

Analysis

In 2024, military expenditure (current usd), gaps filled in Iran stood at 7.89 billion current USD.

The figure is up 6.8% on the previous year and down 20.3% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Iran peaked at 19.73 billion current USD in 1992 and was at its lowest, 98.68 million current USD, in 1960.

Iran ranks 35th of 167 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current USD), gaps filled in Iran, year by year

Annual values for Military expenditure (current USD), gaps filled in Iran, 1960 to 2024.
Year current USD Change
1960 98.68 million current USD —
1961 105.94 million current USD +7.4%
1962 109.90 million current USD +3.7%
1963 128.71 million current USD +17.1%
1964 155.45 million current USD +20.8%
1965 200.00 million current USD +28.7%
1966 256.11 million current USD +28.1%
1967 331.02 million current USD +29.3%
1968 437.29 million current USD +32.1%
1969 566.01 million current USD +29.4%
1970 620.13 million current USD +9.6%
1971 402.31 million current USD -35.1%
1972 371.95 million current USD -7.5%
1973 480.86 million current USD +29.3%
1974 3.88 billion current USD +706.4%
1975 5.95 billion current USD +53.5%
1976 7.19 billion current USD +20.8%
1977 7.62 billion current USD +6.0%
1978 8.11 billion current USD +6.5%
1979 4.99 billion current USD -38.5%
1980 4.87 billion current USD -2.4%
1981 8.12 billion current USD +66.6%
1982 9.70 billion current USD +19.5%
1983 10.55 billion current USD +8.7%
1984 9.93 billion current USD -5.9%
1985 10.71 billion current USD +7.9%
1986 11.74 billion current USD +9.7%
1987 15.26 billion current USD +30.0%
1988 18.89 billion current USD +23.8%
1989 16.30 billion current USD -13.7%
1990 16.47 billion current USD +1.1%
1991 17.55 billion current USD +6.5%
1992 19.73 billion current USD +12.4%
1993 1.45 billion current USD -92.7%
1994 1.70 billion current USD +17.6%
1995 2.50 billion current USD +46.9%
1996 3.55 billion current USD +42.0%
1997 4.64 billion current USD +30.7%
1998 5.48 billion current USD +18.0%
1999 6.65 billion current USD +21.4%
2000 8.33 billion current USD +25.2%
2001 10.38 billion current USD +24.6%
2002 3.24 billion current USD -68.7%
2003 3.72 billion current USD +14.6%
2004 5.24 billion current USD +41.1%
2005 6.80 billion current USD +29.6%
2006 8.75 billion current USD +28.8%
2007 9.33 billion current USD +6.6%
2008 11.08 billion current USD +18.8%
2009 12.58 billion current USD +13.6%
2010 13.56 billion current USD +7.8%
2011 14.28 billion current USD +5.3%
2012 16.49 billion current USD +15.5%
2013 12.00 billion current USD -27.3%
2014 9.90 billion current USD -17.5%
2015 10.59 billion current USD +6.9%
2016 12.26 billion current USD +15.8%
2017 13.93 billion current USD +13.6%
2018 11.80 billion current USD -15.3%
2019 4.92 billion current USD -58.3%
2020 3.35 billion current USD -31.9%
2021 5.70 billion current USD +70.2%
2022 7.46 billion current USD +30.9%
2023 7.39 billion current USD -0.9%
2024 7.89 billion current USD +6.8%

Iran compared with similar countries

  • Iran's 7.89 billion current USD is above the median for upper middle income countries, which is 1.38 billion current USD, 5.7× the median. (48 countries reporting)
  • Iran's 7.89 billion current USD is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.04 billion current USD, 2.0× the median. (22 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current USD), gaps filled in Iran changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1974 +706.4% 480.86 million current USD 3.88 billion current USD

Averages by decade

DecadeAverage LowestHighest Years
1960s 238.91 million current USD 98.68 million current USD 566.01 million current USD 10
1970s 3.96 billion current USD 371.95 million current USD 8.11 billion current USD 10
1980s 11.61 billion current USD 4.87 billion current USD 18.89 billion current USD 10
1990s 7.97 billion current USD 1.45 billion current USD 19.73 billion current USD 10
2000s 7.95 billion current USD 3.24 billion current USD 12.58 billion current USD 10
2010s 11.97 billion current USD 4.92 billion current USD 16.49 billion current USD 10
2020s 6.36 billion current USD 3.35 billion current USD 7.89 billion current USD 5

Countries ranked near Iran

  1. 32 Romania 8.72 billion current USD compare
  2. 33 Belgium 8.56 billion current USD compare
  3. 34 Greece 8.02 billion current USD compare
  4. 36 Kuwait 7.79 billion current USD compare
  5. 37 Finland 6.99 billion current USD compare
  6. 38 Switzerland 6.72 billion current USD compare

See the full ranking of 211 places →

More public sector data for Iran

All data for Iran →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Iran?
Military expenditure (current usd), gaps filled in Iran was 7.89 billion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Iran?
The highest recorded value was 19.73 billion current USD in 1992.
What is the lowest military expenditure (current usd), gaps filled recorded in Iran?
The lowest recorded value was 98.68 million current USD in 1960.
How does Iran rank for military expenditure (current usd), gaps filled?
Iran ranks 35th out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Iran?
Over the last ten years it is down 20.3%. The long-run trend across the full record is volatile.
Where does this Iran data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), gaps filled. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), gaps filled in Iran. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/iran-islamic-rep/

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How this figure is calculated

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military expenditure (current USD), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.