Military spending, per square kilometre in Iceland
Iceland: Military spending, per square kilometre was 642.06 constant 2022 US$ per square kilometre in 2023. ▼ Falling
Latest (2023)
642.06 constant 2022 US$ per square kilometre
Change on year
up 1.4%
World rank
149th
of 171 countries
All-time high
949.08 constant 2022 US$ per square kilometre
in 1968
All-time low
403.37 constant 2022 US$ per square kilometre
in 2015
Years of data
63
1961–2023
Military spending, per square kilometre in Iceland, 1961–2023
Source: Statizoid (derived). Measured in constant 2022 US$ per square kilometre.
Analysis
Iceland recorded 642.06 constant 2022 US$ per square kilometre for military spending, per square kilometre in 2023.
The figure is up 1.4% on the previous year and up 46.4% over ten years.
Over the whole period, military spending, per square kilometre in Iceland peaked at 949.08 constant 2022 US$ per square kilometre in 1968 and was at its lowest, 403.37 constant 2022 US$ per square kilometre, in 2015.
Iceland ranks 149th of 171 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 63 years of available data.
Military spending, per square kilometre in Iceland, year by year
| Year | constant 2022 US$ per square kilometre | Change |
|---|---|---|
| 1961 | 742.19 constant 2022 US$ per square kilometre | — |
| 1962 | 739.49 constant 2022 US$ per square kilometre | -0.4% |
| 1963 | 784.16 constant 2022 US$ per square kilometre | +6.0% |
| 1964 | 838.52 constant 2022 US$ per square kilometre | +6.9% |
| 1965 | 852.71 constant 2022 US$ per square kilometre | +1.7% |
| 1966 | 834.55 constant 2022 US$ per square kilometre | -2.1% |
| 1967 | 840.63 constant 2022 US$ per square kilometre | +0.7% |
| 1968 | 949.08 constant 2022 US$ per square kilometre | +12.9% |
| 1969 | 843.09 constant 2022 US$ per square kilometre | -11.2% |
| 1970 | 839.69 constant 2022 US$ per square kilometre | -0.4% |
| 1971 | 853.75 constant 2022 US$ per square kilometre | +1.7% |
| 1972 | 800.88 constant 2022 US$ per square kilometre | -6.2% |
| 1973 | 825.8 constant 2022 US$ per square kilometre | +3.1% |
| 1974 | 745.06 constant 2022 US$ per square kilometre | -9.8% |
| 1975 | 728.57 constant 2022 US$ per square kilometre | -2.2% |
| 1976 | 678.03 constant 2022 US$ per square kilometre | -6.9% |
| 1977 | 650.3 constant 2022 US$ per square kilometre | -4.1% |
| 1978 | 627.18 constant 2022 US$ per square kilometre | -3.6% |
| 1979 | 595.18 constant 2022 US$ per square kilometre | -5.1% |
| 1980 | 537.85 constant 2022 US$ per square kilometre | -9.6% |
| 1981 | 541.04 constant 2022 US$ per square kilometre | +0.6% |
| 1982 | 549.52 constant 2022 US$ per square kilometre | +1.6% |
| 1983 | 544.23 constant 2022 US$ per square kilometre | -1.0% |
| 1984 | 584.93 constant 2022 US$ per square kilometre | +7.5% |
| 1985 | 580.83 constant 2022 US$ per square kilometre | -0.7% |
| 1986 | 574.16 constant 2022 US$ per square kilometre | -1.1% |
| 1987 | 575.47 constant 2022 US$ per square kilometre | +0.2% |
| 1988 | 570.97 constant 2022 US$ per square kilometre | -0.8% |
| 1989 | 557.27 constant 2022 US$ per square kilometre | -2.4% |
| 1990 | 538.94 constant 2022 US$ per square kilometre | -3.3% |
| 1991 | 522.63 constant 2022 US$ per square kilometre | -3.0% |
| 1992 | 581.98 constant 2022 US$ per square kilometre | +11.4% |
| 1993 | 564.86 constant 2022 US$ per square kilometre | -2.9% |
| 1994 | 566.35 constant 2022 US$ per square kilometre | +0.3% |
| 1995 | 586.09 constant 2022 US$ per square kilometre | +3.5% |
| 1996 | 579.73 constant 2022 US$ per square kilometre | -1.1% |
| 1997 | 605.24 constant 2022 US$ per square kilometre | +4.4% |
| 1998 | 610.67 constant 2022 US$ per square kilometre | +0.9% |
| 1999 | 610.75 constant 2022 US$ per square kilometre | +0.0% |
| 2000 | 629.12 constant 2022 US$ per square kilometre | +3.0% |
| 2001 | 651.58 constant 2022 US$ per square kilometre | +3.6% |
| 2002 | 677.48 constant 2022 US$ per square kilometre | +4.0% |
| 2003 | 643.57 constant 2022 US$ per square kilometre | -5.0% |
| 2004 | 655.59 constant 2022 US$ per square kilometre | +1.9% |
| 2005 | 621.27 constant 2022 US$ per square kilometre | -5.2% |
| 2006 | 606.16 constant 2022 US$ per square kilometre | -2.4% |
| 2007 | 548.83 constant 2022 US$ per square kilometre | -9.5% |
| 2008 | 530.36 constant 2022 US$ per square kilometre | -3.4% |
| 2009 | 509.86 constant 2022 US$ per square kilometre | -3.9% |
| 2010 | 464.1 constant 2022 US$ per square kilometre | -9.0% |
| 2011 | 442.83 constant 2022 US$ per square kilometre | -4.6% |
| 2012 | 427.72 constant 2022 US$ per square kilometre | -3.4% |
| 2013 | 438.56 constant 2022 US$ per square kilometre | +2.5% |
| 2014 | 418.52 constant 2022 US$ per square kilometre | -4.6% |
| 2015 | 403.37 constant 2022 US$ per square kilometre | -3.6% |
| 2016 | 434.71 constant 2022 US$ per square kilometre | +7.8% |
| 2017 | 524.95 constant 2022 US$ per square kilometre | +20.8% |
| 2018 | 543.82 constant 2022 US$ per square kilometre | +3.6% |
| 2019 | 615.05 constant 2022 US$ per square kilometre | +13.1% |
| 2020 | 636.53 constant 2022 US$ per square kilometre | +3.5% |
| 2021 | 620.83 constant 2022 US$ per square kilometre | -2.5% |
| 2022 | 633.21 constant 2022 US$ per square kilometre | +2.0% |
| 2023 | 642.06 constant 2022 US$ per square kilometre | +1.4% |
Iceland compared with similar countries
- Iceland's 642.06 constant 2022 US$ per square kilometre is below the median for high income countries, which is 56,388 constant 2022 US$ per square kilometre, 1% of the median. (55 countries reporting)
- Iceland's 642.06 constant 2022 US$ per square kilometre is below the median for Europe & Central Asia, which is 28,676 constant 2022 US$ per square kilometre, 2% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 824.93 constant 2022 US$ per square kilometre | 739.49 constant 2022 US$ per square kilometre | 949.08 constant 2022 US$ per square kilometre | 9 |
| 1970s | 734.44 constant 2022 US$ per square kilometre | 595.18 constant 2022 US$ per square kilometre | 853.75 constant 2022 US$ per square kilometre | 10 |
| 1980s | 561.63 constant 2022 US$ per square kilometre | 537.85 constant 2022 US$ per square kilometre | 584.93 constant 2022 US$ per square kilometre | 10 |
| 1990s | 576.72 constant 2022 US$ per square kilometre | 522.63 constant 2022 US$ per square kilometre | 610.75 constant 2022 US$ per square kilometre | 10 |
| 2000s | 607.38 constant 2022 US$ per square kilometre | 509.86 constant 2022 US$ per square kilometre | 677.48 constant 2022 US$ per square kilometre | 10 |
| 2010s | 471.36 constant 2022 US$ per square kilometre | 403.37 constant 2022 US$ per square kilometre | 615.05 constant 2022 US$ per square kilometre | 10 |
| 2020s | 633.16 constant 2022 US$ per square kilometre | 620.83 constant 2022 US$ per square kilometre | 642.06 constant 2022 US$ per square kilometre | 4 |
Countries ranked near Iceland
- 146 Eritrea 796.76 constant 2022 US$ per square kilometre compare
- 147 Mali 716.19 constant 2022 US$ per square kilometre compare
- 148 Bolivia 658.74 constant 2022 US$ per square kilometre compare
- 150 Kazakhstan 611.45 constant 2022 US$ per square kilometre compare
- 151 Haiti 602.78 constant 2022 US$ per square kilometre compare
- 152 Djibouti 574.36 constant 2022 US$ per square kilometre compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is military spending, per square kilometre in Iceland?
- Military spending, per square kilometre in Iceland was 642.06 constant 2022 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest military spending, per square kilometre recorded in Iceland?
- The highest recorded value was 949.08 constant 2022 US$ per square kilometre in 1968.
- What is the lowest military spending, per square kilometre recorded in Iceland?
- The lowest recorded value was 403.37 constant 2022 US$ per square kilometre in 2015.
- How does Iceland rank for military spending, per square kilometre?
- Iceland ranks 149th out of 171 countries with data for 2023.
- Is military spending, per square kilometre rising or falling in Iceland?
- Over the last ten years it is up 46.4%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Military spending, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Military spending divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military spending ÷ Land area (sq. km)
Computed from
- Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Military spending divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.