Armed forces personnel, total, per unit of GDP in Iceland
Iceland: Armed forces personnel, total, per unit of GDP was 0 units per US$ of GDP in 2020. ▼ Falling
Armed forces personnel, total, per unit of GDP in Iceland, 1995–2020
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
In 2020, armed forces personnel, total, per unit of gdp in Iceland stood at 0 units per US$ of GDP. That is the lowest value across all 23 years on record.
That represents a change of down 100.0% over ten years.
Over the whole period, armed forces personnel, total, per unit of gdp in Iceland peaked at 0 units per US$ of GDP in 1997 and was at its lowest, 0 units per US$ of GDP, in 2017.
Iceland ranks 168th of 172 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Armed forces personnel, total, per unit of GDP in Iceland, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1995 | 0 units per US$ of GDP | — |
| 1996 | 0 units per US$ of GDP | -4.1% |
| 1997 | 0 units per US$ of GDP | +19.5% |
| 1998 | 0 units per US$ of GDP | -10.7% |
| 1999 | 0 units per US$ of GDP | -21.0% |
| 2000 | 0 units per US$ of GDP | -0.4% |
| 2001 | 0 units per US$ of GDP | +9.8% |
| 2002 | 0 units per US$ of GDP | -11.6% |
| 2003 | 0 units per US$ of GDP | -18.6% |
| 2006 | 0 units per US$ of GDP | -14.9% |
| 2007 | 0 units per US$ of GDP | -19.5% |
| 2008 | 0 units per US$ of GDP | +20.3% |
| 2009 | 0 units per US$ of GDP | +38.1% |
| 2010 | 0 units per US$ of GDP | -5.1% |
| 2011 | 0 units per US$ of GDP | +25.2% |
| 2012 | 0 units per US$ of GDP | +3.0% |
| 2013 | 0 units per US$ of GDP | +2.2% |
| 2014 | 0 units per US$ of GDP | -10.0% |
| 2015 | 0 units per US$ of GDP | +27.5% |
| 2016 | 0 units per US$ of GDP | -16.0% |
| 2017 | 0 units per US$ of GDP | -100.0% |
| 2019 | 0 units per US$ of GDP | — |
| 2020 | 0 units per US$ of GDP | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 5 |
| 2000s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 8 |
| 2010s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 9 |
| 2020s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 1 |
Countries ranked near Iceland
- 165 Switzerland 0 units per US$ of GDP compare
- 166 Ireland 0 units per US$ of GDP compare
- 167 Luxembourg 0 units per US$ of GDP compare
- 168 Antigua and Barbuda 0 units per US$ of GDP compare
- 168 Libya 0 units per US$ of GDP compare
- 168 Palestine, State of 0 units per US$ of GDP compare
- 168 Seychelles 0 units per US$ of GDP compare
More public sector data for Iceland
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Military expenditure (current USD), per square kilometre 0 current USD per square kilometre (2023)
- Tax revenue 23.2% (2023)
- Capital stock, General government, Current prices, Domestic currency 1,595 (2019)
- Taxes on income, profits and capital gains 34.6% (2023)
- Capital stock, General government, Constant prices, Percent of GDP 51.25 (2019)
- Capital stock, General government, Constant prices, Purchasing power 10.26 (2019)
- Taxes on goods and services 35.2% (2023)
Frequently asked questions
- What is armed forces personnel, total, per unit of gdp in Iceland?
- Armed forces personnel, total, per unit of gdp in Iceland was 0 units per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest armed forces personnel, total, per unit of gdp recorded in Iceland?
- The highest recorded value was 0 units per US$ of GDP in 1997.
- What is the lowest armed forces personnel, total, per unit of gdp recorded in Iceland?
- The lowest recorded value was 0 units per US$ of GDP in 2017.
- How does Iceland rank for armed forces personnel, total, per unit of gdp?
- Iceland ranks 168th out of 172 countries with data for 2020.
- Is armed forces personnel, total, per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 100.0%. 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 Armed forces personnel, total, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Armed forces personnel, total divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Armed forces personnel, total ÷ GDP (current US$)
Computed from
- Armed forces personnel, total The Military Balance, International Institute for Strategic Studies
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Armed forces personnel, total divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.