Military expenditure in usd prices reached USD 0.017 bil in 2012 in Iceland, according to the SIPRI Military Expenditure Database. This is 10.5% less than in the previous year.
Historically, military expenditure in USD prices in Iceland reached an all time high of USD 0.022 bil in 2009 and an all time low of USD 0.017 bil in 2012.
Iceland has been ranked 147th within the group of 152 countries we follow in terms of military expenditure in USD prices.
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