Iceland vs Lao People's Democratic Republic: Military spending as a share of GDP

Iceland
0.2%
in 2019
Lao People's Democratic Republic
0.2%
in 2016
Iceland rank
168th
Lao People's Democratic Republic rank
169th

Military spending as a share of GDP over time

  • Iceland
  • Lao People's Democratic Republic
051015194419812019

How they compare

Iceland currently reports 0.2% against 0.2% in Lao People's Democratic Republic, a difference of 0.0%.

That makes Iceland's figure about 1.2 times Lao People's Democratic Republic's.

The two have swapped places 7 times across 63 shared years of data; in 1954 it was Iceland ahead.

Iceland ranks 168th and Lao People's Democratic Republic ranks 169th of 172 countries.

Across the 7 decades both report, Iceland averaged higher in 1 and Lao People's Democratic Republic in 6.

Head to head by decade

Decade Iceland Lao People's Democratic Republic Difference Ahead
1950s 2.0% 0.2% 1.8% Iceland
1960s 1.7% 13.5% 11.8% Lao People's Democratic Republic
1970s 0.9% 7.1% 6.2% Lao People's Democratic Republic
1980s 0.5% 4.3% 3.8% Lao People's Democratic Republic
1990s 0.4% 3.7% 3.3% Lao People's Democratic Republic
2000s 0.3% 0.3% 0.0% Lao People's Democratic Republic
2010s 0.2% 0.2% 0.0% Lao People's Democratic Republic

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending as a share of gdp, Iceland or Lao People's Democratic Republic?
Iceland, at 0.2% against 0.2% in Lao People's Democratic Republic as of 2019.
What is the difference in military spending as a share of gdp between Iceland and Lao People's Democratic Republic?
0.0%, with Iceland ahead.
How many years of comparable data are there for Iceland and Lao People's Democratic Republic?
63 years are reported by both, from 1954 to 2016.
How do Iceland and Lao People's Democratic Republic rank globally for military spending as a share of gdp?
Iceland ranks 168th and Lao People's Democratic Republic ranks 169th 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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Iceland vs Lao People's Democratic Republic: 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 07 September 2026, from https://economy.statizoid.com/compare/military-spending-as-a-share-of-gdp-gmsd/iceland/lao-pdr/

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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).