Iceland: Arms exports

The latest value from 1993 is 5 SIPRI TIVs, an increase from 0 SIPRI TIVs in 1980. In comparison, the world average is 573.13 SIPRI TIVs, based on data from 45 countries. Historically, the average for Iceland from 1980 to 1993 is 2.5 SIPRI TIVs. The minimum value, 0 SIPRI TIVs, was reached in 1980 while the maximum of 5 SIPRI TIVs was recorded in 1993. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Arms transfers (exports) cover the volume of transfers of major arms through sales and gifts, and those made through manufacturing licenses. Data cover major conventional weapons such as aircraft, armored vehicles, artillery, radar systems, missiles, and ships. Figures are SIPRI Trend Indicator Values (TIVs). A '0' indicates that the volume of deliveries is between 0 and 0.5 million SIPRI TIV. SIPRI Trend Indicator Values (TIVs) are a standardized measure used to compare the volume of international transfers of major conventional weapons. They do not represent actual prices or spending. Instead, TIVs estimate the relative military value of weapons transferred, allowing comparisons between countries and across different time periods.