What is the difference in military expenditure between Belize and Iceland?

60.28 million current LCU, with Belize ahead.

How many years of comparable data are there for Belize and Iceland?

34 years are reported by both, from 1989 to 2024.

Where does this data come from?

SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Belize vs Iceland: Military expenditure

Belize

60.28 million current LCU

in 2024

Iceland

0 current LCU

in 2024

Belize rank

162nd

Iceland rank

165th

Military expenditure over time

Belize
Iceland

How they compare

Belize currently reports 60.28 million current LCU against 0 current LCU in Iceland, a difference of 60.28 million current LCU.

Across all 34 years both countries report, Belize has been ahead every year.

Belize ranks 162nd and Iceland ranks 165th of 167 countries.

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

Head to head by decade

Decade	Belize	Iceland	Difference	Ahead
1980s	8.71 million current LCU	0 current LCU	8.71 million current LCU	Belize
1990s	13.56 million current LCU	0 current LCU	13.56 million current LCU	Belize
2000s	22.64 million current LCU	0 current LCU	22.64 million current LCU	Belize
2010s	39.18 million current LCU	0 current LCU	39.18 million current LCU	Belize
2020s	56.50 million current LCU	0 current LCU	56.50 million current LCU	Belize

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Belize or Iceland?: Belize, at 60.28 million current LCU against 0 current LCU in Iceland as of 2024.
What is the difference in military expenditure between Belize and Iceland?: 60.28 million current LCU, with Belize ahead.
How many years of comparable data are there for Belize and Iceland?: 34 years are reported by both, from 1989 to 2024.
How do Belize and Iceland rank globally for military expenditure?: Belize ranks 162nd and Iceland ranks 165th of 167 countries.
Where does this data come from?: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator: Military expenditure (current LCU)
Unit: current LCU
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 167 places, 8,248 data points, 1960–2024
Last refreshed: 06 August 2026

Military expenditure in local currency at current prices (by calendar year)