Iran Military Spending/Defense Budget 1960-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Iran military spending/defense budget for 2021 was $24.59B, a 55.38% increase from 2020.
  • Iran military spending/defense budget for 2020 was $15.83B, a 26.31% increase from 2019.
  • Iran military spending/defense budget for 2019 was $12.53B, a 11.55% increase from 2018.
  • Iran military spending/defense budget for 2018 was $11.23B, a 19.38% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $293.35B
Russia $65.91B
Iran $24.59B
Brazil $19.19B
Turkey $15.48B
Colombia $10.18B
Algeria $9.11B
Mexico $8.68B
Thailand $6.60B
Romania $5.56B
Iraq $4.73B
Malaysia $3.83B
South Africa $3.27B
Azerbaijan $2.70B
Ecuador $2.42B
Peru $2.36B
Jordan $2.18B
Kazakhstan $1.62B
Serbia $1.27B
Bulgaria $1.22B
Belarus $0.76B
Armenia $0.62B
Dominican Republic $0.58B
Botswana $0.52B
Namibia $0.40B
Paraguay $0.37B
Guatemala $0.34B
Gabon $0.31B
Albania $0.24B
North Macedonia $0.21B
Jamaica $0.21B
Bosnia $0.19B
Equatorial Guinea $0.17B
Montenegro $0.10B
Guyana $0.07B
Fiji $0.07B
Belize $0.02B
Mauritius $0.02B
Costa Rica $0.00B
Iran Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $24.59B 2.30%
2020 $15.83B 2.16%
2019 $12.53B 2.10%
2018 $11.23B 2.46%
2017 $13.93B 3.11%
2016 $12.26B 2.97%
2015 $10.59B 2.76%
2014 $9.90B 2.28%
2013 $12.00B 2.24%
2012 $16.49B 2.76%
2011 $14.28B 2.38%
2010 $13.56B 2.79%
2009 $12.58B 3.05%
2008 $11.08B 2.68%
2007 $9.33B 2.65%
2006 $8.75B 3.32%
2005 $6.80B 3.04%
2004 $5.24B 2.83%
2003 $3.72B 2.41%
2002 $3.24B 2.17%
2001 $10.38B 2.42%
2000 $8.33B 2.30%
1999 $6.65B 2.40%
1998 $5.48B 2.63%
1997 $4.64B 2.50%
1996 $3.55B 2.24%
1995 $2.50B 2.15%
1994 $1.70B 2.07%
1993 $1.45B 1.70%
1992 $19.73B 1.79%
1991 $17.55B 2.17%
1990 $16.47B 2.94%
1989 $16.30B 4.56%
1988 $18.89B 6.27%
1987 $15.26B 5.89%
1986 $11.74B 6.08%
1985 $10.71B 6.51%
1984 $9.93B 6.35%
1983 $10.55B 7.10%
1982 $9.70B 7.91%
1981 $8.12B 8.19%
1980 $4.87B 5.34%
1979 $4.99B 5.80%
1978 $8.11B 11.11%
1977 $7.62B 10.19%
1976 $7.19B 11.25%
1975 $5.95B 12.07%
1974 $3.88B 8.75%
1973 $0.48B 1.86%
1972 $0.37B 2.28%
1971 $0.40B 3.05%
1970 $0.62B 5.86%
1969 $0.57B 5.97%
1968 $0.44B 5.18%
1967 $0.33B 4.46%
1966 $0.26B 3.82%
1965 $0.20B 3.25%
1964 $0.16B 2.88%
1963 $0.13B 2.59%
1962 $0.11B 2.31%
1961 $0.11B 2.35%
1960 $0.10B 2.29%