Fiji vs Iceland: Military spending

Fiji
87.78 million constant 2022 US$
in 2023
Iceland
64.74 million constant 2022 US$
in 2023
Fiji rank
151st
Iceland rank
154th

Military spending over time

  • Fiji
  • Iceland
050.0M100.0M150.0M194419832023

How they compare

Fiji currently reports 87.78 million constant 2022 US$ against 64.74 million constant 2022 US$ in Iceland, a difference of 23.04 million constant 2022 US$.

That makes Fiji's figure about 1.4 times Iceland's.

The two have swapped places 5 times across 54 shared years of data; in 1970 it was Iceland ahead.

Fiji ranks 151st and Iceland ranks 154th of 172 countries.

Across the 6 decades both report, Fiji averaged higher in 2 and Iceland in 4.

Head to head by decade

Decade Fiji Iceland Difference Ahead
1970s 8.11 million constant 2022 US$ 73.63 million constant 2022 US$ 65.52 million constant 2022 US$ Iceland
1980s 32.97 million constant 2022 US$ 56.30 million constant 2022 US$ 23.33 million constant 2022 US$ Iceland
1990s 55.37 million constant 2022 US$ 57.82 million constant 2022 US$ 2.45 million constant 2022 US$ Iceland
2000s 56.68 million constant 2022 US$ 60.89 million constant 2022 US$ 4.21 million constant 2022 US$ Iceland
2010s 75.21 million constant 2022 US$ 47.32 million constant 2022 US$ 27.89 million constant 2022 US$ Fiji
2020s 82.11 million constant 2022 US$ 63.84 million constant 2022 US$ 18.27 million constant 2022 US$ Fiji

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Fiji or Iceland?
Fiji, at 87.78 million constant 2022 US$ against 64.74 million constant 2022 US$ in Iceland as of 2023.
What is the difference in military spending between Fiji and Iceland?
23.04 million constant 2022 US$, with Fiji ahead.
How many years of comparable data are there for Fiji and Iceland?
54 years are reported by both, from 1970 to 2023.
How do Fiji and Iceland rank globally for military spending?
Fiji ranks 151st 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.

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Fiji vs Iceland: Military spending. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/fiji/iceland/

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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.