Iceland vs Papua New Guinea: Military spending as a share of GDP

Iceland
0.2%
in 2019
Papua New Guinea
0.4%
in 2019
Iceland rank
168th
Papua New Guinea rank
166th

Military spending as a share of GDP over time

  • Iceland
  • Papua New Guinea
0123194419812019

How they compare

Papua New Guinea currently reports 0.4% against 0.2% in Iceland, a difference of 0.2%.

That makes Papua New Guinea's figure about 1.8 times Iceland's.

The two have swapped places 3 times across 45 shared years of data; in 1975 it was Iceland ahead.

Iceland ranks 168th and Papua New Guinea ranks 166th of 172 countries.

Papua New Guinea has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Iceland Papua New Guinea Difference Ahead
1970s 0.7% 0.9% 0.2% Papua New Guinea
1980s 0.5% 0.9% 0.5% Papua New Guinea
1990s 0.4% 0.9% 0.5% Papua New Guinea
2000s 0.3% 0.3% 0.0% Papua New Guinea
2010s 0.2% 0.4% 0.2% Papua New Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending as a share of gdp, Iceland or Papua New Guinea?
Papua New Guinea, at 0.4% against 0.2% in Iceland as of 2019.
What is the difference in military spending as a share of gdp between Iceland and Papua New Guinea?
0.2%, with Papua New Guinea ahead.
How many years of comparable data are there for Iceland and Papua New Guinea?
45 years are reported by both, from 1975 to 2019.
How do Iceland and Papua New Guinea rank globally for military spending as a share of gdp?
Iceland ranks 168th and Papua New Guinea ranks 166th 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 Papua New Guinea: 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 12 September 2026, from https://economy.statizoid.com/compare/military-spending-as-a-share-of-gdp-gmsd/iceland/papua-new-guinea/

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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).