Ranking
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Military expenditure in local currency at current prices (by calendar year)
As of 2025, Iran ranks first with 4,899,887,835,250,000, followed by Vietnam (272,716,000,000,000) and Indonesia (247,525,700,000,000).
Iran is 18 times higher than Vietnam, the runner-up.
Across 149 countries and territories, values run from 4,899,887,835,250,000 (Iran) to 0 (Panama), with a median of 54,106,000,000.
By region, the top 10 is made up of 7 from Asia, 1 from Africa, 1 from the Americas and 1 from Europe.
Source: World Bank Open Data โ Military expenditure (current LCU), 2025. Unit: current LCU.
Source: World Bank Open Data โ Military expenditure (current LCU) ยท CC BY 4.0 ยท fetched Oct 17, 2026