Cuba vs Iceland: Military spending as a share of GDP

Cuba
0.1%
in 2018
Iceland
0.2%
in 2019
Cuba rank
170th
Iceland rank
168th

Military spending as a share of GDP over time

  • Cuba
  • Iceland
02468190219602019

How they compare

Iceland currently reports 0.2% against 0.1% in Cuba, a difference of 0.1%.

That makes Iceland's figure about 1.5 times Cuba's.

The two have swapped places 4 times across 75 shared years of data; in 1944 it was Iceland ahead.

Cuba ranks 170th and Iceland ranks 168th of 172 countries.

Across the 8 decades both report, Cuba averaged higher in 5 and Iceland in 3.

Head to head by decade

Decade Cuba Iceland Difference Ahead
1940s 1.2% 2.4% 1.2% Iceland
1950s 1.7% 2.1% 0.5% Iceland
1960s 3.5% 1.7% 1.8% Cuba
1970s 3.7% 0.9% 2.7% Cuba
1980s 4.2% 0.5% 3.7% Cuba
1990s 2.1% 0.4% 1.7% Cuba
2000s 1.9% 0.3% 1.6% Cuba
2010s 0.1% 0.2% 0.1% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending as a share of gdp, Cuba or Iceland?
Iceland, at 0.2% against 0.1% in Cuba as of 2019.
What is the difference in military spending as a share of gdp between Cuba and Iceland?
0.1%, with Iceland ahead.
How many years of comparable data are there for Cuba and Iceland?
75 years are reported by both, from 1944 to 2018.
How do Cuba and Iceland rank globally for military spending as a share of gdp?
Cuba ranks 170th and Iceland ranks 168th of 172 countries.
Where does this data come from?
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cuba vs Iceland: Military spending as a share of GDP. Statizoid, drawing on Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/military-spending-as-a-share-of-gdp-gmsd/cuba/iceland/

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About this data

Indicator
Military spending as a share of GDP
Unit
% of GDP
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 14,793 data points, 1816–2019
Last refreshed

Military spending measured as a percentage of gross domestic product (GDP).