Iceland: Arms exports

The latest value from 1993 is 5 million U.S. dollars, an increase from 0 million U.S. dollars in 1980. In comparison, the world average is 570.98 million U.S. dollars, based on data from 45 countries. Historically, the average for Iceland from 1980 to 1993 is 2.5 million U.S. dollars. The minimum value, 0 million U.S. dollars, was reached in 1980 while the maximum of 5 million U.S. dollars was recorded in 1993. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Arms transfers cover the supply of military weapons through sales, aid, gifts, and those made through manufacturing licenses. Data cover major conventional weapons such as aircraft, armored vehicles, artillery, radar systems, missiles, and ships designed for military use. Excluded are transfers of other military equipment such as small arms and light weapons, trucks, small artillery, ammunition, support equipment, technology transfers, and other services. Figures are SIPRI Trend Indicator Values (TIVs) expressed in US$ m. A '0' indicates that the value of deliveries is less than US$0.5m