Statizoid

Iceland vs Moldova: Military spending

Iceland
64.74 million constant 2022 US$
in 2023
Moldova
82.38 million constant 2022 US$
in 2023
Iceland rank
154th
Moldova rank
152nd

Military spending over time

  • Iceland
  • Moldova
0250.0M500.0M750.0M1.0B194419832023

How they compare

Moldova currently reports 82.38 million constant 2022 US$ against 64.74 million constant 2022 US$ in Iceland, a difference of 17.64 million constant 2022 US$.

That makes Moldova's figure about 1.3 times Iceland's.

The two have swapped places 4 times across 33 shared years of data; in 1991 it was Moldova ahead.

Iceland ranks 154th and Moldova ranks 152nd 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.