Colombia vs Iceland: Military spending, annual growth rate

Colombia
1.34 % change on previous year
in 2023
Iceland
1.4 % change on previous year
in 2023
Colombia rank
145th
Iceland rank
143rd

Military spending, annual growth rate over time

  • Colombia
  • Iceland
-50050100150183219272023

How they compare

Iceland currently reports 1.4 % change on previous year against 1.34 % change on previous year in Colombia, a difference of 0.06 % change on previous year.

The two have swapped places 27 times across 79 shared years of data; in 1945 it was Colombia ahead.

Colombia ranks 145th and Iceland ranks 143rd of 172 countries.

Across the 9 decades both report, Colombia averaged higher in 8 and Iceland in 1.

Head to head by decade

Decade Colombia Iceland Difference Ahead
1940s 19.93 % change on previous year -0.1973 % change on previous year 20.13 % change on previous year Colombia
1950s 8.69 % change on previous year 1.22 % change on previous year 7.48 % change on previous year Colombia
1960s 5.99 % change on previous year 2.69 % change on previous year 3.3 % change on previous year Colombia
1970s 3.38 % change on previous year -3.35 % change on previous year 6.73 % change on previous year Colombia
1980s 4.88 % change on previous year -0.576 % change on previous year 5.46 % change on previous year Colombia
1990s 14.6 % change on previous year 1.01 % change on previous year 13.59 % change on previous year Colombia
2000s 10.93 % change on previous year -1.69 % change on previous year 12.62 % change on previous year Colombia
2010s 3.07 % change on previous year 2.32 % change on previous year 0.7527 % change on previous year Colombia
2020s -1.66 % change on previous year 1.1 % change on previous year 2.76 % change on previous year Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, annual growth rate, Colombia or Iceland?
Iceland, at 1.4 % change on previous year against 1.34 % change on previous year in Colombia as of 2023.
What is the difference in military spending, annual growth rate between Colombia and Iceland?
0.06 % change on previous year, with Iceland ahead.
How many years of comparable data are there for Colombia and Iceland?
79 years are reported by both, from 1945 to 2023.
How do Colombia and Iceland rank globally for military spending, annual growth rate?
Colombia ranks 145th and Iceland ranks 143rd of 172 countries.
Where does this data come from?
Statizoid (derived), published as Military spending, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Colombia vs Iceland: Military spending, annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-annual-growth-rate-2/colombia/iceland/

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About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.