Military expenditure as % of GDP - Iceland
Value & RankThe Military expenditure as % of GDP of Iceland is 0.13 (% of GDP) with a global rank of 157.
Iceland compared to other CountriesThe Military expenditure as % of GDP of Iceland is similar to that of Luxembourg, Cape Verde, Guatemala, Nigeria, Moldova, Lao PDR, Mauritius, Haiti, Senegal, Sierra Leone with a respective Military expenditure as % of GDP of 0.51, 0.50, 0.48, 0.47, 0.31, 0.21, 0.20, 0.10, 0.00, 0.00 (% of GDP) and a global rank of 150, 151, 152, 153, 154, 155, 156, 158, 159, 160.Iceland since the end of the Great RecessionIceland's Military expenditure as % of GDP had a negative growth (decline) of 30.8% since the end of the Great Recession
Iceland compared to other CountriesThe Military expenditure as % of GDP of Iceland is similar to that of Luxembourg, Cape Verde, Guatemala, Nigeria, Moldova, Lao PDR, Mauritius, Haiti, Senegal, Sierra Leone with a respective Military expenditure as % of GDP of 0.51, 0.50, 0.48, 0.47, 0.31, 0.21, 0.20, 0.10, 0.00, 0.00 (% of GDP) and a global rank of 150, 151, 152, 153, 154, 155, 156, 158, 159, 160.Iceland since the end of the Great RecessionIceland's Military expenditure as % of GDP had a negative growth (decline) of 30.8% since the end of the Great Recession
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Luxembourg | 150 | 0.51 |
Cape Verde | 151 | 0.50 |
Guatemala | 152 | 0.48 |
Nigeria | 153 | 0.47 |
Moldova | 154 | 0.31 |
Lao PDR | 155 | 0.21 |
Mauritius | 156 | 0.20 |
Iceland | 157 | 0.13 |
Haiti | 158 | 0.10 |
Senegal | 159 | 0.00 |
Sierra Leone | 160 | 0.00 |
click on the following link or the worldmap below to view a complete list of countries by Military expenditure as % of GDP

Datasource: Workbank - World Development Indicators