Military Expenditure (As % of GDP) in Iceland

Military expenditure as a share of gdp reached 0.123% in 2012 in Iceland, according to the SIPRI Military Expenditure Database. This is 7.67% less than in the previous year.

Historically, military expenditure as a share of GDP in Iceland reached an all time high of 0.175% in 2009 and an all time low of 0.123% in 2012.

Iceland has been ranked 152nd within the group of 152 countries we follow in terms of military expenditure as a share of GDP.