Iraq War Costs Could Hit Nearly $3 Trillion by 2050: Report

As the 20th anniversary of the U.S.-led invasion and occupation of Iraq approaches, a leading research institute on Wednesday said that "the total costs of the war in Iraq and Syria are expected to exceed half a million human lives and $2.89 trillion" by 2050.

The Costs of War Project at Brown University’s Watson Institute for International and Public Affairs said that "this budgetary figure includes costs to date, estimated at about $1.79 trillion, and the costs of veterans’ care through 2050."

According to the project:

March 19-20, 2023 marks 20 years since United States forces invaded Iraq to oust dictator Saddam Hussein, under the false claim that his regime was manufacturing weapons of mass destruction. The ensuing war, in which U.S. ground presence peaked in 2007 with over 170,000 soldiers, caused massive death, destruction, and political instability in Iraq. Among the consequences was the increase of sectarian politics, widespread violence, and the rise of the Islamic State militant group with its terror attacks throughout the Middle East.

Though the US government officially ended its Iraq War in 2011, the repercussions of the invasion and occupation as well as subsequent and ongoing military interventions have had an enormous human, social, economic, and environmental toll. An estimated 300,000 people have died from direct war violence in Iraq, while the reverberating effects of war continue to kill and sicken hundreds of thousands more.