Military spending in Iraq

Iraq: Military spending was 6.46 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
6.46 billion constant 2022 US$
Change on year
down 4.9%
World rank
43rd
of 172 countries
All-time high
31.81 billion constant 2022 US$
in 1984
All-time low
40.59 million constant 2022 US$
in 1933
Years of data
92
1932–2023

Military spending in Iraq, 1932–2023

010.0B20.0B30.0B193219772023

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 Iraq stood at 6.46 billion constant 2022 US$.

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 in Iraq peaked at 31.81 billion constant 2022 US$ in 1984 and was at its lowest, 40.59 million constant 2022 US$, 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 in Iraq, year by year

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

Iraq compared with similar countries

  • Iraq's 6.46 billion constant 2022 US$ is above the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 5.2× the median. (49 countries reporting)
  • Iraq's 6.46 billion constant 2022 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.51 billion constant 2022 US$, 1.2× the median. (22 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1930s 79.48 million constant 2022 US$ 40.59 million constant 2022 US$ 123.38 million constant 2022 US$ 8
1940s 195.26 million constant 2022 US$ 136.37 million constant 2022 US$ 254.33 million constant 2022 US$ 10
1950s 371.33 million constant 2022 US$ 214.34 million constant 2022 US$ 512.19 million constant 2022 US$ 10
1960s 1.06 billion constant 2022 US$ 386.30 million constant 2022 US$ 2.02 billion constant 2022 US$ 10
1970s 4.81 billion constant 2022 US$ 2.13 billion constant 2022 US$ 8.41 billion constant 2022 US$ 10
1980s 23.45 billion constant 2022 US$ 9.50 billion constant 2022 US$ 31.81 billion constant 2022 US$ 10
1990s 5.86 billion constant 2022 US$ 1.99 billion constant 2022 US$ 17.85 billion constant 2022 US$ 10
2000s 2.44 billion constant 2022 US$ 1.65 billion constant 2022 US$ 4.45 billion constant 2022 US$ 10
2010s 13.88 billion constant 2022 US$ 5.63 billion constant 2022 US$ 18.42 billion constant 2022 US$ 10
2020s 7.61 billion constant 2022 US$ 6.46 billion constant 2022 US$ 9.65 billion constant 2022 US$ 4

Countries ranked near Iraq

  1. 40 Vietnam 6.74 billion constant 2022 US$ compare
  2. 41 Finland 6.73 billion constant 2022 US$ compare
  3. 42 Romania 6.50 billion constant 2022 US$ compare
  4. 44 Philippines 6.33 billion constant 2022 US$ compare
  5. 45 Chile 6.31 billion constant 2022 US$ compare
  6. 46 Morocco 6.18 billion constant 2022 US$ 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 in Iraq?
Military spending in Iraq was 6.46 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 Iraq?
The highest recorded value was 31.81 billion constant 2022 US$ in 1984.
What is the lowest military spending recorded in Iraq?
The lowest recorded value was 40.59 million constant 2022 US$ in 1933.
How does Iraq rank for military spending?
Iraq ranks 43rd out of 172 countries with data for 2023.
Is military spending 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 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.

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Military spending in Iraq. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/iraq/

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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.