Military spending in Iraq

Iraq: Military spending was 6.40 billion constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
6.40 billion constant 2024 US$
Change on year
up 1.0%
World rank
43rd
of 162 countries
All-time high
8.92 billion constant 2024 US$
in 2015
All-time low
216.89 million constant 2024 US$
in 1957
Years of data
44
1957–2025

Military spending in Iraq, 1957–2025

02.0B4.0B6.0B8.0B1957199120251957: 216.9M constant 2024 US$1958: 233.4M constant 2024 US$1959: 273.3M constant 2024 US$1960: 313.1M constant 2024 US$1961: 327.9M constant 2024 US$1962: 348.5M constant 2024 US$1963: 405.1M constant 2024 US$1964: 460.1M constant 2024 US$1965: 563.3M constant 2024 US$1966: 575.0M constant 2024 US$1967: 555.6M constant 2024 US$1968: 675.6M constant 2024 US$1969: 824.3M constant 2024 US$1970: 842.5M constant 2024 US$1971: 856.1M constant 2024 US$1972: 827.7M constant 2024 US$1973: 1.0B constant 2024 US$1974: 2.0B constant 2024 US$1975: 2.0B constant 2024 US$1976: 2.0B constant 2024 US$1977: 2.1B constant 2024 US$1978: 2.0B constant 2024 US$2004: 2.0B constant 2024 US$2005: 2.7B constant 2024 US$2006: 1.9B constant 2024 US$2007: 2.9B constant 2024 US$2008: 3.9B constant 2024 US$2009: 3.7B constant 2024 US$2010: 4.1B constant 2024 US$2011: 4.5B constant 2024 US$2012: 4.1B constant 2024 US$2013: 7.5B constant 2024 US$2014: 6.5B constant 2024 US$2015: 8.9B constant 2024 US$2016: 5.6B constant 2024 US$2017: 6.9B constant 2024 US$2018: 5.9B constant 2024 US$2019: 7.1B constant 2024 US$2020: 5.3B constant 2024 US$2021: 5.1B constant 2024 US$2022: 4.8B constant 2024 US$2023: 5.1B constant 2024 US$2024: 6.3B constant 2024 US$2025: 6.4B constant 2024 US$

Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.

Analysis

The most recent figure for military spending in Iraq is 6.40 billion constant 2024 US$, measured in 2025.

Compared with earlier readings it is up 1.0% on the previous year and down 28.3% over ten years.

Over the whole period, military spending in Iraq peaked at 8.92 billion constant 2024 US$ in 2015 and was at its lowest, 216.89 million constant 2024 US$, in 1957.

Iraq ranks 43rd of 162 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1950s 241.21 million constant 2024 US$ 216.89 million constant 2024 US$ 273.35 million constant 2024 US$ 3
1960s 504.84 million constant 2024 US$ 313.12 million constant 2024 US$ 824.27 million constant 2024 US$ 10
1970s 1.52 billion constant 2024 US$ 827.65 million constant 2024 US$ 2.10 billion constant 2024 US$ 9
2000s 2.83 billion constant 2024 US$ 1.91 billion constant 2024 US$ 3.86 billion constant 2024 US$ 6
2010s 6.11 billion constant 2024 US$ 4.06 billion constant 2024 US$ 8.92 billion constant 2024 US$ 10
2020s 5.51 billion constant 2024 US$ 4.82 billion constant 2024 US$ 6.40 billion constant 2024 US$ 6

Countries ranked near Iraq

  1. 40 Iran 7.45 billion constant 2024 US$ compare
  2. 41 Switzerland 7.15 billion constant 2024 US$ compare
  3. 42 Czechia 6.49 billion constant 2024 US$ compare
  4. 44 Philippines 6.30 billion constant 2024 US$ compare
  5. 45 Oman 5.93 billion constant 2024 US$ compare
  6. 46 Austria 5.88 billion constant 2024 US$ compare

See the full ranking of 162 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 6.40 billion constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
What is the highest military spending recorded in Iraq?
The highest recorded value was 8.92 billion constant 2024 US$ in 2015.
What is the lowest military spending recorded in Iraq?
The lowest recorded value was 216.89 million constant 2024 US$ in 1957.
How does Iraq rank for military spending?
Iraq ranks 43rd out of 162 countries with data for 2025.
Is military spending rising or falling in Iraq?
Over the last ten years it is down 28.3%. The long-run trend across the full record is volatile.
Where does this Iraq data come from?
The figures come from Stockholm International Peace Research Institute (2026) – 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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About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
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.