Iceland - General Government Expenditure on Defence
Since 2014, Iceland General Government Expenditure on Defence rose 8.7points year on year. At 0.03 Percent of GDP in 2019, the country was ranked number 26 among other countries in General Government Expenditure on Defence. Israel ranked the highest with 5.34 Percent of GDP in 2019, a fall of 4.5points compared to 2018. United States, Australia and Estonia respectively ranked number 2, 3 and 4 in this ranking. Latvia witnessed the best average annual growth at +18.1points per year, while Ireland witnessed the worst performance at -6.8points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 0.03 |
| 2018 | 0.02 |
| 2017 | 0.06 |
| 2016 | 0.02 |
| 2015 | 0.02 |
Download all data from 2012 to 2019
How does Iceland rank in General Government Expenditure on Defence?
| # | 26 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Israel
|
5.34 % | 2019 | -4.5 % | -2.5 % | View data | |
| 2 |
#2
United States
|
3.10 % | 2019 | -3.3 % | -2.3 % | View data | |
| 25 |
#25
Ireland
|
0.28 % | 2019 | -7.0 % | -6.8 % | View data | |
| 26 |
#26
Iceland
|
0.03 % | 2019 | +43.6 % | +8.7 % | View data | |