Military spending in Iran

Iran: Military spending was 10.44 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
10.44 billion constant 2022 US$
Change on year
up 9.2%
World rank
31st
of 172 countries
All-time high
30.73 billion constant 2022 US$
in 1975
All-time low
77.81 million constant 2022 US$
in 1931
Years of data
169
1855–2023

Military spending in Iran, 1855–2023

010.0B20.0B30.0B185519392023

Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2023, military spending in Iran stood at 10.44 billion constant 2022 US$.

The figure is up 9.2% on the previous year and down 39.4% over ten years.

Over the whole period, military spending in Iran peaked at 30.73 billion constant 2022 US$ in 1975 and was at its lowest, 77.81 million constant 2022 US$, in 1931.

That places Iran 31st out of 172 countries with data for 2023, putting it 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
1850s 153.84 million constant 2022 US$ 108.32 million constant 2022 US$ 208.99 million constant 2022 US$ 5
1860s 334.53 million constant 2022 US$ 258.79 million constant 2022 US$ 489.22 million constant 2022 US$ 10
1870s 457.51 million constant 2022 US$ 116.56 million constant 2022 US$ 890.75 million constant 2022 US$ 10
1880s 739.77 million constant 2022 US$ 220.23 million constant 2022 US$ 925.38 million constant 2022 US$ 10
1890s 757.14 million constant 2022 US$ 629.65 million constant 2022 US$ 890.79 million constant 2022 US$ 10
1900s 822.52 million constant 2022 US$ 515.43 million constant 2022 US$ 917.66 million constant 2022 US$ 10
1910s 360.91 million constant 2022 US$ 182.44 million constant 2022 US$ 487.18 million constant 2022 US$ 10
1920s 137.57 million constant 2022 US$ 128.28 million constant 2022 US$ 159.12 million constant 2022 US$ 10
1930s 234.50 million constant 2022 US$ 77.81 million constant 2022 US$ 389.98 million constant 2022 US$ 10
1940s 471.30 million constant 2022 US$ 391.86 million constant 2022 US$ 679.46 million constant 2022 US$ 10
1950s 806.73 million constant 2022 US$ 475.79 million constant 2022 US$ 1.23 billion constant 2022 US$ 10
1960s 2.30 billion constant 2022 US$ 1.11 billion constant 2022 US$ 5.11 billion constant 2022 US$ 10
1970s 18.89 billion constant 2022 US$ 5.90 billion constant 2022 US$ 30.73 billion constant 2022 US$ 10
1980s 16.17 billion constant 2022 US$ 11.99 billion constant 2022 US$ 22.61 billion constant 2022 US$ 10
1990s 6.85 billion constant 2022 US$ 4.18 billion constant 2022 US$ 10.12 billion constant 2022 US$ 10
2000s 8.58 billion constant 2022 US$ 5.61 billion constant 2022 US$ 11.92 billion constant 2022 US$ 10
2010s 17.15 billion constant 2022 US$ 13.90 billion constant 2022 US$ 20.24 billion constant 2022 US$ 10
2020s 9.87 billion constant 2022 US$ 9.45 billion constant 2022 US$ 10.44 billion constant 2022 US$ 4

Countries ranked near Iran

  1. 28 Mexico 12.06 billion constant 2022 US$ compare
  2. 29 Indonesia 11.67 billion constant 2022 US$ compare
  3. 30 Norway 10.47 billion constant 2022 US$ compare
  4. 32 Sweden 9.90 billion constant 2022 US$ compare
  5. 33 Kuwait 9.79 billion constant 2022 US$ compare
  6. 34 Greece 9.38 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Iran

All data for Iran →

Frequently asked questions

What is military spending in Iran?
Military spending in Iran was 10.44 billion constant 2022 US$ in 2023, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Iran?
The highest recorded value was 30.73 billion constant 2022 US$ in 1975.
What is the lowest military spending recorded in Iran?
The lowest recorded value was 77.81 million constant 2022 US$ in 1931.
How does Iran rank for military spending?
Iran ranks 31st out of 172 countries with data for 2023.
Is military spending rising or falling in Iran?
Over the last ten years it is down 39.4%. The long-run trend across the full record is volatile.
Where does this Iran data come from?
The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 169 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.