Statizoid

Iceland vs Maldives: Military spending

Iceland
64.74 million constant 2022 US$
in 2023
Maldives
65.41 million constant 2022 US$
in 2016
Iceland rank
154th
Maldives rank
153rd

Military spending over time

  • Iceland
  • Maldives
020.0M40.0M60.0M80.0M100.0M194419832023

How they compare

Maldives currently reports 65.41 million constant 2022 US$ against 64.74 million constant 2022 US$ in Iceland, a difference of 671,700 constant 2022 US$.

The two have swapped places 1 time across 52 shared years of data; in 1965 it was Iceland ahead.

Iceland ranks 154th and Maldives ranks 153rd of 172 countries.

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.