Iran vs. Israel Military Spending: Who Spends More?

Economics & Macro

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Adi Ahdiat 16/04/2024 17:46 WIB

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According to SIPRI data, Iran's military expenditure is significantly less than Israel's.

Top 10 Countries with the Highest Military Spending in the Middle East (2022)

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Iran vs. Israel Military Spending: Who Spends More?

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Top 10 Countries with the Highest Military Spending in the Middle East (2022)

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According to an *Al Jazeera* report, on April 1, 2024, an air strike hit the Iranian consulate building in Syria. The attack killed at least 11 people, including an Iranian armed forces commander.

The Iranian government claimed Israel was responsible for the attack. In retaliation, they launched hundreds of missiles into Israeli territory on April 14, 2024.

("Read: [link to article about Middle East conflicts impacting global oil market]")

“This is the first time Iran has directly attacked Israel after nearly half a century of being sworn enemies,” said Maziar Motamedi, an *Al Jazeera* journalist based in Iran (April 14, 2024).

Israel declared it would not remain silent. "Iran will face consequences for its actions. We will choose an appropriate response. We are prepared to counter any threat from Iran," said Israeli armed forces representative Herzi Halevi, as reported by *The Times of Israel* (April 15, 2024).

("Read: [link to article about Russia and China as major arms suppliers to Iran]")

Iran and Israel are among the top 10 countries with the largest military spending in the Middle East, although Iran's spending is significantly less.

According to data compiled by the Stockholm International Peace Research Institute (SIPRI), in 2022 the Israeli government spent approximately US$23.41 billion on military expenditure.

This makes Israel the second-largest military spender in the Middle East and 15th in the world.

Meanwhile, Iran's military spending in 2022 was approximately US$6.85 billion, ranking sixth in the Middle East and 34th globally.

("Read: [link to article about countries supplying arms to Israel, with the US at the top]")

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Iran vs. Israel Military Spending: Who Spends More?

Iran vs. Israel Military Spending: Who Spends More?

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