Military Expenditure in Iran decreased to 12151 USD Million in 2020 from 12528 USD Million in 2019. source: SIPRI

Military Expenditure in Iran averaged 9558.69 USD Million from 1960 until 2020, reaching an all time high of 22527 USD Million in 1976 and a record low of 692 USD Million in 1960. Iran Military Expenditure - values, historical data and charts - was last updated on July of 2021.

Military Expenditure in Iran is expected to reach 15121.15 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iran Military Expenditure is projected to trend around 15348.08 USD Million in 2022 and 15220.83 USD Million in 2023, according to our econometric models.

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Iran Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
12151.00 12528.00 22527.00 692.00 1960 - 2020 USD Million Yearly
Constant 2019 prices

Iran Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.40 44.70 46.20 8.90 percent of GDP [+]
Government Budget -9.50 -5.50 6.60 -9.50 percent of GDP [+]
Government Budget Value -937852.00 -753339.00 -19764.50 -937852.00 IRR Billion [+]
Government Revenues 1838360.00 1676033.00 1838360.00 31006.10 IRR Billion [+]
Fiscal Expenditure 2776212.00 2429371.00 2776212.00 53545.60 IRR Billion [+]
Credit Rating 15.00 [+]
Military Expenditure 12151.00 12528.00 22527.00 692.00 USD Million [+]
Government Spending 134000.00 176000.00 236547.41 7002.11 RR Billion [+]