Central African Republic vs Iceland: Military spending

Central African Republic
62.88 million constant 2022 US$
in 2023
Iceland
64.74 million constant 2022 US$
in 2023
Central African Republic rank
155th
Iceland rank
154th

Military spending over time

  • Central African Republic
  • Iceland
020.0M40.0M60.0M80.0M100.0M194419832023

How they compare

Iceland currently reports 64.74 million constant 2022 US$ against 62.88 million constant 2022 US$ in Central African Republic, a difference of 1.86 million constant 2022 US$.

The two have swapped places 2 times across 64 shared years of data; in 1960 it was Iceland ahead.

Central African Republic ranks 155th and Iceland ranks 154th of 172 countries.

Iceland has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Central African Republic Iceland Difference Ahead
1960s 16.28 million constant 2022 US$ 81.10 million constant 2022 US$ 64.83 million constant 2022 US$ Iceland
1970s 31.67 million constant 2022 US$ 73.63 million constant 2022 US$ 41.96 million constant 2022 US$ Iceland
1980s 35.53 million constant 2022 US$ 56.30 million constant 2022 US$ 20.77 million constant 2022 US$ Iceland
1990s 40.74 million constant 2022 US$ 57.82 million constant 2022 US$ 17.07 million constant 2022 US$ Iceland
2000s 25.93 million constant 2022 US$ 60.89 million constant 2022 US$ 34.96 million constant 2022 US$ Iceland
2010s 46.01 million constant 2022 US$ 47.32 million constant 2022 US$ 1.31 million constant 2022 US$ Iceland
2020s 58.02 million constant 2022 US$ 63.84 million constant 2022 US$ 5.82 million constant 2022 US$ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Central African Republic or Iceland?
Iceland, at 64.74 million constant 2022 US$ against 62.88 million constant 2022 US$ in Central African Republic as of 2023.
What is the difference in military spending between Central African Republic and Iceland?
1.86 million constant 2022 US$, with Iceland ahead.
How many years of comparable data are there for Central African Republic and Iceland?
64 years are reported by both, from 1960 to 2023.
How do Central African Republic and Iceland rank globally for military spending?
Central African Republic ranks 155th and Iceland ranks 154th of 172 countries.
Where does this data come from?
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.