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Military spending gmsd in Iraq

Iraq: Military spending gmsd was 6.46 billion in 2023. ◆ Volatile

Latest (2023)
6.46 billion
Change on year
down 4.9%
World rank
43rd
of 172 countries
All-time high
31.81 billion
in 1984
All-time low
40.59 million
in 1933
Years of data
92
1932–2023

Military spending gmsd in Iraq, 1932–2023

010.0B20.0B30.0B193219772023

Source: Our World in Data.

Analysis

In 2023, military spending gmsd in Iraq stood at 6.46 billion.

That represents a change of down 4.9% on the previous year and down 57.6% over ten years.

Over the whole period, military spending gmsd in Iraq peaked at 31.81 billion in 1984 and was at its lowest, 40.59 million, in 1933.

Iraq ranks 43rd of 172 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 spending gmsd in Iraq, year by year

Year Value Change
1932 43.15 million —
1933 40.59 million -5.9%
1934 54.13 million +33.3%
1935 61.17 million +13.0%
1936 87.43 million +42.9%
1937 104.75 million +19.8%
1938 121.20 million +15.7%
1939 123.38 million +1.8%
1940 136.37 million +10.5%
1941 147.98 million +8.5%
1942 168.26 million +13.7%
1943 172.76 million +2.7%
1944 196.92 million +14.0%
1945 243.86 million +23.8%
1946 225.50 million -7.5%
1947 206.05 million -8.6%
1948 200.56 million -2.7%
1949 254.33 million +26.8%
1950 214.34 million -15.7%
1951 223.54 million +4.3%
1952 292.75 million +31.0%
1953 385.86 million +31.8%
1954 438.57 million +13.7%
1955 434.45 million -0.9%
1956 512.19 million +17.9%
1957 428.50 million -16.3%
1958 411.87 million -3.9%
1959 371.18 million -9.9%
1960 386.30 million +4.1%
1961 517.24 million +33.9%
1962 542.85 million +5.0%
1963 821.87 million +51.4%
1964 932.51 million +13.5%
1965 1.09 billion +16.9%
1966 1.21 billion +11.3%
1967 1.37 billion +12.7%
1968 1.69 billion +23.5%
1969 2.02 billion +20.0%
1970 2.13 billion +5.2%
1971 2.19 billion +2.9%
1972 2.24 billion +2.2%
1973 3.29 billion +46.7%
1974 5.74 billion +74.6%
1975 7.90 billion +37.7%
1976 5.37 billion -32.0%
1977 5.39 billion +0.3%
1978 5.42 billion +0.6%
1979 8.41 billion +55.1%
1980 9.50 billion +12.9%
1981 15.45 billion +62.7%
1982 21.39 billion +38.4%
1983 28.77 billion +34.5%
1984 31.81 billion +10.6%
1985 26.55 billion -16.5%
1986 26.16 billion -1.5%
1987 28.71 billion +9.8%
1988 24.29 billion -15.4%
1989 21.89 billion -9.9%
1990 17.85 billion -18.4%
1991 15.80 billion -11.5%
1992 5.22 billion -66.9%
1993 4.40 billion -15.7%
1994 3.85 billion -12.6%
1995 3.00 billion -22.0%
1996 1.99 billion -33.6%
1997 2.08 billion +4.2%
1998 2.21 billion +6.4%
1999 2.18 billion -1.4%
2000 2.00 billion -8.2%
2001 2.06 billion +3.0%
2002 2.00 billion -3.2%
2003 1.82 billion -8.8%
2004 1.65 billion -9.6%
2005 1.85 billion +12.6%
2006 2.02 billion +9.2%
2007 2.79 billion +37.7%
2008 3.79 billion +36.2%
2009 4.45 billion +17.4%
2010 5.63 billion +26.4%
2011 10.08 billion +79.1%
2012 12.52 billion +24.2%
2013 15.24 billion +21.7%
2014 16.88 billion +10.8%
2015 18.42 billion +9.1%
2016 16.49 billion -10.5%
2017 16.36 billion -0.8%
2018 14.07 billion -14.0%
2019 13.06 billion -7.2%
2020 9.65 billion -26.1%
2021 7.54 billion -21.8%
2022 6.79 billion -9.9%
2023 6.46 billion -4.9%

Iraq compared with similar countries

  • Iraq's 6.46 billion is above the median for upper middle income countries, which is 1.25 billion, 5.2× the median. (49 countries reporting)
  • Iraq's 6.46 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.51 billion, 1.2× the median. (22 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1930s 79.48 million 40.59 million 123.38 million 8
1940s 195.26 million 136.37 million 254.33 million 10
1950s 371.33 million 214.34 million 512.19 million 10
1960s 1.06 billion 386.30 million 2.02 billion 10
1970s 4.81 billion 2.13 billion 8.41 billion 10
1980s 23.45 billion 9.50 billion 31.81 billion 10
1990s 5.86 billion 1.99 billion 17.85 billion 10
2000s 2.44 billion 1.65 billion 4.45 billion 10
2010s 13.88 billion 5.63 billion 18.42 billion 10
2020s 7.61 billion 6.46 billion 9.65 billion 4

Countries ranked near Iraq

  1. 40 Vietnam 6.74 billion compare
  2. 41 Finland 6.73 billion compare
  3. 42 Romania 6.50 billion compare
  4. 44 Philippines 6.33 billion compare
  5. 45 Chile 6.31 billion compare
  6. 46 Morocco 6.18 billion compare

See the full ranking of 172 places →

More reference data data for Iraq

All data for Iraq →

Frequently asked questions

What is military spending gmsd in Iraq?
Military spending gmsd in Iraq was 6.46 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Iraq?
The highest recorded value was 31.81 billion in 1984.
What is the lowest military spending gmsd recorded in Iraq?
The lowest recorded value was 40.59 million in 1933.
How does Iraq rank for military spending gmsd?
Iraq ranks 43rd out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Iraq?
Over the last ten years it is down 57.6%. The long-run trend across the full record is volatile.
Where does this Iraq data come from?
The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Iraq. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/iraq/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed