Iceland vs Ireland: Military spending, per unit of GDP

Iceland
0.002 constant 2022 US$ per US$ of GDP
in 2023
Ireland
0.0027 constant 2022 US$ per US$ of GDP
in 2023
Iceland rank
166th
Ireland rank
164th

Military spending, per unit of GDP over time

  • Iceland
  • Ireland
00.10.20.3196019912023

How they compare

Ireland currently reports 0.0027 constant 2022 US$ per US$ of GDP against 0.002 constant 2022 US$ per US$ of GDP in Iceland, a difference of 0.0007 constant 2022 US$ per US$ of GDP.

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

The two have swapped places 1 time across 64 shared years of data; in 1960 it was Iceland ahead.

Iceland ranks 166th and Ireland ranks 164th of 170 countries.

Across the 7 decades both report, Iceland averaged higher in 2 and Ireland in 5.

Head to head by decade

Decade Iceland Ireland Difference Ahead
1960s 0.1983 constant 2022 US$ per US$ of GDP 0.0869 constant 2022 US$ per US$ of GDP 0.1113 constant 2022 US$ per US$ of GDP Iceland
1970s 0.065 constant 2022 US$ per US$ of GDP 0.0539 constant 2022 US$ per US$ of GDP 0.0111 constant 2022 US$ per US$ of GDP Iceland
1980s 0.0147 constant 2022 US$ per US$ of GDP 0.0318 constant 2022 US$ per US$ of GDP 0.0171 constant 2022 US$ per US$ of GDP Ireland
1990s 0.0078 constant 2022 US$ per US$ of GDP 0.0161 constant 2022 US$ per US$ of GDP 0.0083 constant 2022 US$ per US$ of GDP Ireland
2000s 0.0049 constant 2022 US$ per US$ of GDP 0.0077 constant 2022 US$ per US$ of GDP 0.0028 constant 2022 US$ per US$ of GDP Ireland
2010s 0.0025 constant 2022 US$ per US$ of GDP 0.0048 constant 2022 US$ per US$ of GDP 0.0023 constant 2022 US$ per US$ of GDP Ireland
2020s 0.0024 constant 2022 US$ per US$ of GDP 0.0029 constant 2022 US$ per US$ of GDP 0.0005 constant 2022 US$ per US$ of GDP Ireland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, per unit of gdp, Iceland or Ireland?
Ireland, at 0.0027 constant 2022 US$ per US$ of GDP against 0.002 constant 2022 US$ per US$ of GDP in Iceland as of 2023.
What is the difference in military spending, per unit of gdp between Iceland and Ireland?
0.0007 constant 2022 US$ per US$ of GDP, with Ireland ahead.
How many years of comparable data are there for Iceland and Ireland?
64 years are reported by both, from 1960 to 2023.
How do Iceland and Ireland rank globally for military spending, per unit of gdp?
Iceland ranks 166th and Ireland ranks 164th 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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Iceland vs Ireland: 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/iceland/ireland/

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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.