Military expenditure (current USD), gaps filled in Iran (Islamic Republic of)

Iran (Islamic Republic of): 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 (Islamic Republic of), 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 (Islamic Republic of) 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 (Islamic Republic of) peaked at 19.73 billion current USD in 1992 and was at its lowest, 98.68 million current USD, in 1960.

Iran (Islamic Republic of) 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.

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 (Islamic Republic of)

  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 (Islamic Republic of)

All data for Iran (Islamic Republic of) →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Iran (Islamic Republic of)?
Military expenditure (current usd), gaps filled in Iran (Islamic Republic of) 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 (Islamic Republic of)?
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 (Islamic Republic of)?
The lowest recorded value was 98.68 million current USD in 1960.
How does Iran (Islamic Republic of) rank for military expenditure (current usd), gaps filled?
Iran (Islamic Republic of) ranks 35th out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Iran (Islamic Republic of)?
Over the last ten years it is down 20.3%. The long-run trend across the full record is volatile.
Where does this Iran (Islamic Republic of) 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 (Islamic Republic of). Statizoid, drawing on Statizoid (derived). Retrieved 21 August 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.