Iraq Military Spending

Defense budget and military expenditure data (1957–2027)

Data updated: July 7, 2026

Key Facts (2026 estimate)

Military Expenditure

$6.7 billion

Ranked #41 of 153 countries worldwide

Percent of GDP

3.5%

Ranked #27 of 163 countries by % of GDP

Year-over-Year Change

+5.0%

From $6.4B in 2025

Historical Peak Spending

$8.9 billion

Reached in 2015

Iraq Defense Budget Summary

In 2026, Iraq is estimated to have spent $6.7 billion on military and defense, representing 3.5% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Iraq is the #41 highest military spender in the world by absolute spending.

Compared to the previous year (2025), defense spending increased by 5.0%, from $6.4 billion to $6.7 billion. This change in the military budget reflects growing defense priorities.

The highest percentage of GDP allocated to defense spending was 12.5% in 1974. The historical average military budget is 5.9% of GDP.

Data source: SIPRI Military Expenditure Database. Values are in constant 2024 US dollars. Data for 2026 is an estimate based on government budget announcements.

Historical Military Spending

Military Spending (% of GDP)

Military Spending (USD Billions, 2024 prices)

Historical Data

YearPercent of GDPUSD (millions)
2027(estimate)3.50%$7,038M
2026(estimate)3.50%$6,718M
20252.45%$6,399M
20242.27%$6,336M
20232.26%$5,071M
20221.64%$4,823M
20212.26%$5,108M
20203.11%$5,304M
20193.24%$7,140M
20182.75%$5,891M
20173.91%$6,934M
20163.55%$5,583M
20155.41%$8,919M
20142.95%$6,512M
20133.32%$7,481M
20121.90%$4,057M
20112.30%$4,462M
20102.71%$4,141M
20092.90%$3,675M
20082.37%$3,855M
20072.24%$2,916M
20061.90%$1,906M
20052.24%$2,655M
20041.68%$1,967M
198110.83%
19805.51%
19796.15%
19788.12%$1,986M
19779.81%$2,100M
197611.16%$2,011M
197511.67%$2,049M
197412.49%$2,017M
197312.26%$1,026M
197210.64%$828M
197110.52%$856M
197011.17%$842M
196911.38%$824M
19689.22%$676M
19678.43%$556M
19668.52%$575M
19658.87%$563M
19647.96%$460M
19638.25%$405M
19626.91%$348M
19616.85%$328M
19607.05%$313M
19596.71%$273M
19586.08%$233M
19576.54%$217M

Related countries