Military Expenditure in Iran decreased to 12612 USD Million in 2018 from 13931 USD Million in 2017.

Military Expenditure in Iran averaged 7435.07 USD Million from 1960 until 2018, reaching an all time high of 17581 USD Million in 1976 and a record low of 540 USD Million in 1960. Iran Military Expenditure - values, historical data and charts - was last updated on June of 2020. source: SIPRI

Military Expenditure in Iran is expected to reach 15121.15 USD Million by the end of 2020, 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 2021 and 15220.83 USD Million in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Iran Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
12612.00 13931.00 17581.00 540.00 1960 - 2018 USD Million Yearly
constant 2017 prices

Iran Government Last Previous Highest Lowest Unit
Government Debt to GDP 44.20 39.50 47.50 8.90 percent [+]
Government Budget -4.40 -3.90 6.60 -6.20 percent of GDP [+]
Government Budget Value -778100.00 -610301.10 -19764.50 -778100.00 IRR Billion [+]
Government Revenues 2161900.00 1459875.40 2161900.00 31006.10 IRR Billion [+]
Fiscal Expenditure 2429400.00 2070176.50 2429400.00 53545.60 IRR Billion [+]
Military Expenditure 12612.00 13931.00 17581.00 540.00 USD Million [+]
Government Spending 256990.00 149000.00 256990.00 7002.11 RR Billion [+]
Credit Rating 15.00 [+]