Military Expenditure in Iraq decreased to 6994 USD Million in 2020 from 7599 USD Million in 2019. source: SIPRI
Military Expenditure in Iraq averaged 2810.13 USD Million from 1957 until 2020, reaching an all time high of 9493 USD Million in 2015 and a record low of 217 USD Million in 1957. Iraq Military Expenditure - values, historical data and charts - was last updated on June of 2022.
Military Expenditure in Iraq is expected to reach 5634.58 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq Military Expenditure is projected to trend around 5701.04 USD Million in 2022 and 6529.91 USD Million in 2023, according to our econometric models.