Gambia vs Iceland: Military spending

Gambia
14.65 million constant 2024 US$
in 2025
Iceland
0 constant 2024 US$
in 2025
Gambia rank
158th
Iceland rank
160th

Military spending over time

  • Gambia
  • Iceland
05.0M10.0M15.0M20.0M194919872025

How they compare

Gambia currently reports 14.65 million constant 2024 US$ against 0 constant 2024 US$ in Iceland, a difference of 14.65 million constant 2024 US$.

Across all 39 years both countries report, Gambia has been ahead every year.

Gambia ranks 158th and Iceland ranks 160th of 162 countries.

Gambia has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Gambia Iceland Difference Ahead
1980s 1.72 million constant 2024 US$ 0 constant 2024 US$ 1.72 million constant 2024 US$ Gambia
1990s 3.20 million constant 2024 US$ 0 constant 2024 US$ 3.20 million constant 2024 US$ Gambia
2000s 5.66 million constant 2024 US$ 0 constant 2024 US$ 5.66 million constant 2024 US$ Gambia
2010s 16.64 million constant 2024 US$ 0 constant 2024 US$ 16.64 million constant 2024 US$ Gambia
2020s 15.92 million constant 2024 US$ 0 constant 2024 US$ 15.92 million constant 2024 US$ Gambia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Gambia or Iceland?
Gambia, at 14.65 million constant 2024 US$ against 0 constant 2024 US$ in Iceland as of 2025.
What is the difference in military spending between Gambia and Iceland?
14.65 million constant 2024 US$, with Gambia ahead.
How many years of comparable data are there for Gambia and Iceland?
39 years are reported by both, from 1983 to 2025.
How do Gambia and Iceland rank globally for military spending?
Gambia ranks 158th and Iceland ranks 160th of 162 countries.
Where does this data come from?
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
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.