Iceland vs Laos: Military spending, per unit of GDP
Iceland
0.002 constant 2022 US$ per US$ of GDP
in 2023
Laos
0.0017 constant 2022 US$ per US$ of GDP
in 2016
Iceland rank
166th
Laos rank
167th
Military spending, per unit of GDP over time
- Iceland
- Laos
How they compare
Iceland currently reports 0.002 constant 2022 US$ per US$ of GDP against 0.0017 constant 2022 US$ per US$ of GDP in Laos, a difference of 0.0003 constant 2022 US$ per US$ of GDP.
That makes Iceland's figure about 1.2 times Laos's.
The two have swapped places 1 time across 33 shared years of data; in 1984 it was Laos ahead.
Iceland ranks 166th and Laos ranks 167th of 170 countries.
Across the 4 decades both report, Iceland averaged higher in 1 and Laos in 3.
Head to head by decade
| Decade | Iceland | Laos | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.0135 constant 2022 US$ per US$ of GDP | 0.095 constant 2022 US$ per US$ of GDP | 0.0814 constant 2022 US$ per US$ of GDP | Laos |
| 1990s | 0.0078 constant 2022 US$ per US$ of GDP | 0.1027 constant 2022 US$ per US$ of GDP | 0.0949 constant 2022 US$ per US$ of GDP | Laos |
| 2000s | 0.0049 constant 2022 US$ per US$ of GDP | 0.0082 constant 2022 US$ per US$ of GDP | 0.0033 constant 2022 US$ per US$ of GDP | Laos |
| 2010s | 0.0026 constant 2022 US$ per US$ of GDP | 0.0022 constant 2022 US$ per US$ of GDP | 0.0005 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, Iceland or Laos?
- Iceland, at 0.002 constant 2022 US$ per US$ of GDP against 0.0017 constant 2022 US$ per US$ of GDP in Laos as of 2023.
- What is the difference in military spending, per unit of gdp between Iceland and Laos?
- 0.0003 constant 2022 US$ per US$ of GDP, with Iceland ahead.
- How many years of comparable data are there for Iceland and Laos?
- 33 years are reported by both, from 1984 to 2016.
- How do Iceland and Laos rank globally for military spending, per unit of gdp?
- Iceland ranks 166th and Laos ranks 167th 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.
Individual pages
About this data
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.