Military Expenditure (Local Currency) in Iceland

Military expenditure in local currency reached ISK 2.18 bil in 2012 in Iceland, according to the SIPRI Military Expenditure Database. This is 3.49% less than in the previous year.

Historically, military expenditure in local currency in Iceland reached an all time high of ISK 2.78 bil in 2009 and an all time low of ISK 2.18 bil in 2012.

Iceland has been ranked 115th within the group of 153 countries we follow in terms of military expenditure in local currency.