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.

Military spending in Iraq, year by year

Annual values for Military spending in Iraq, 1957 to 2025.
Year constant 2024 US$ Change
1957 216.89 million constant 2024 US$ —
1958 233.41 million constant 2024 US$ +7.6%
1959 273.35 million constant 2024 US$ +17.1%
1960 313.12 million constant 2024 US$ +14.5%
1961 327.93 million constant 2024 US$ +4.7%
1962 348.47 million constant 2024 US$ +6.3%
1963 405.08 million constant 2024 US$ +16.2%
1964 460.05 million constant 2024 US$ +13.6%
1965 563.33 million constant 2024 US$ +22.4%
1966 575.02 million constant 2024 US$ +2.1%
1967 555.62 million constant 2024 US$ -3.4%
1968 675.57 million constant 2024 US$ +21.6%
1969 824.27 million constant 2024 US$ +22.0%
1970 842.49 million constant 2024 US$ +2.2%
1971 856.11 million constant 2024 US$ +1.6%
1972 827.65 million constant 2024 US$ -3.3%
1973 1.03 billion constant 2024 US$ +24.0%
1974 2.02 billion constant 2024 US$ +96.6%
1975 2.05 billion constant 2024 US$ +1.6%
1976 2.01 billion constant 2024 US$ -1.8%
1977 2.10 billion constant 2024 US$ +4.4%
1978 1.99 billion constant 2024 US$ -5.4%
2004 1.97 billion constant 2024 US$ -1.0%
2005 2.65 billion constant 2024 US$ +35.0%
2006 1.91 billion constant 2024 US$ -28.2%
2007 2.92 billion constant 2024 US$ +53.0%
2008 3.86 billion constant 2024 US$ +32.2%
2009 3.67 billion constant 2024 US$ -4.7%
2010 4.14 billion constant 2024 US$ +12.7%
2011 4.46 billion constant 2024 US$ +7.8%
2012 4.06 billion constant 2024 US$ -9.1%
2013 7.48 billion constant 2024 US$ +84.4%
2014 6.51 billion constant 2024 US$ -13.0%
2015 8.92 billion constant 2024 US$ +37.0%
2016 5.58 billion constant 2024 US$ -37.4%
2017 6.93 billion constant 2024 US$ +24.2%
2018 5.89 billion constant 2024 US$ -15.0%
2019 7.14 billion constant 2024 US$ +21.2%
2020 5.30 billion constant 2024 US$ -25.7%
2021 5.11 billion constant 2024 US$ -3.7%
2022 4.82 billion constant 2024 US$ -5.6%
2023 5.07 billion constant 2024 US$ +5.1%
2024 6.34 billion constant 2024 US$ +25.0%
2025 6.40 billion constant 2024 US$ +1.0%

Iraq compared with similar countries

  • Iraq's 6.40 billion constant 2024 US$ is above the median for upper middle income countries, which is 1.62 billion constant 2024 US$, 3.9× the median. (46 countries reporting)
  • Iraq's 6.40 billion constant 2024 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.93 billion constant 2024 US$, 1.1× the median. (21 countries reporting)

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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Military spending in Iraq. Statizoid, drawing on Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/military-spending-sipri/iraq/

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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.