Military Expenditure (Local Currency) in Iran

Military expenditure in local currency reached IQD 2,930,679,054,500,000 bil in 2023 in Iran, according to the SIPRI Military Expenditure Database. This is 158,365,840,711% more than in the previous year.

Historically, military expenditure in local currency in Iran reached an all time high of IQD 2,930,679,054,500,000 bil in 2023 and an all time low of IQD 7.48 bil in 1960.

Iran has been ranked 2nd within the group of 148 countries we follow in terms of military expenditure in local currency.