Cuba vs Iceland: Military spending, per unit of GDP

Cuba
0.0016 constant 2022 US$ per US$ of GDP
in 2018
Iceland
0.002 constant 2022 US$ per US$ of GDP
in 2023
Cuba rank
168th
Iceland rank
166th

Military spending, per unit of GDP over time

  • Cuba
  • Iceland
00.10.20.3196019912023

How they compare

Iceland currently reports 0.002 constant 2022 US$ per US$ of GDP against 0.0016 constant 2022 US$ per US$ of GDP in Cuba, a difference of 0.0004 constant 2022 US$ per US$ of GDP.

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

The two have swapped places 3 times across 49 shared years of data; in 1970 it was Cuba ahead.

Cuba ranks 168th and Iceland ranks 166th of 170 countries.

Across the 5 decades both report, Cuba averaged higher in 4 and Iceland in 1.

Head to head by decade

Decade Cuba Iceland Difference Ahead
1970s 0.1674 constant 2022 US$ per US$ of GDP 0.065 constant 2022 US$ per US$ of GDP 0.1024 constant 2022 US$ per US$ of GDP Cuba
1980s 0.1295 constant 2022 US$ per US$ of GDP 0.0147 constant 2022 US$ per US$ of GDP 0.1148 constant 2022 US$ per US$ of GDP Cuba
1990s 0.049 constant 2022 US$ per US$ of GDP 0.0078 constant 2022 US$ per US$ of GDP 0.0412 constant 2022 US$ per US$ of GDP Cuba
2000s 0.0339 constant 2022 US$ per US$ of GDP 0.0049 constant 2022 US$ per US$ of GDP 0.0291 constant 2022 US$ per US$ of GDP Cuba
2010s 0.0017 constant 2022 US$ per US$ of GDP 0.0025 constant 2022 US$ per US$ of GDP 0.0008 constant 2022 US$ per US$ of GDP Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, per unit of gdp, Cuba or Iceland?
Iceland, at 0.002 constant 2022 US$ per US$ of GDP against 0.0016 constant 2022 US$ per US$ of GDP in Cuba as of 2023.
What is the difference in military spending, per unit of gdp between Cuba and Iceland?
0.0004 constant 2022 US$ per US$ of GDP, with Iceland ahead.
How many years of comparable data are there for Cuba and Iceland?
49 years are reported by both, from 1970 to 2018.
How do Cuba and Iceland rank globally for military spending, per unit of gdp?
Cuba ranks 168th and Iceland ranks 166th of 170 countries.
Where does this data come from?
Statizoid (derived), published as Military spending, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cuba vs Iceland: Military spending, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-per-unit-of-gdp-2/cuba/iceland/

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About this data

Indicator
Military spending, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.