Defence spending
2024 annual observation. Annual military expenditure, current US dollars at the year's exchange rate; not procurement orders.
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Northern Europe · Military profile
Iceland country profile with source-backed equipment operators and dated national observations. The linked records retain their published sources and reference years.
01 / National data
Military, personnel and economic indicators
2024 annual observation. Annual military expenditure, current US dollars at the year's exchange rate; not procurement orders.
EQUIPMENT & WEAPONS
Equipment listed in inventory and operator sources, grouped by force and category. Sourced quantities retain their date, variant coverage and inventory status. Equipment without a documented count is listed by type.
17 matching equipment types
| Equipment | Iceland |
|---|---|
| Support aircraft | |
| De Havilland Canada Dash 8 | 1Iceland Coast Guard · 2025 |
| Douglas C-47 Skytrain | In service |
| Helicopters | |
| Eurocopter EC225 Super Puma | 3Iceland Coast Guard · 2025 |
| Drones & UAVs | |
| Hermes 900 | In service |
| Schiebel Camcopter S-100 | In service |
| Equipment | Iceland |
|---|---|
| Artillery | |
| Bofors 40 mm Automatic Gun L/70 | In service |
| Bofors 40 mm L/60 gun | In service |
| Equipment | Iceland |
|---|---|
| Small arms | |
| Blaser R93 Tactical | In service |
| Brügger & Thomet GL06 | In service |
| Colt Canada C7 | In service |
| Heckler & Koch G3 | In service |
| Heckler & Koch P7 | In service |
| Karabiner 98k | In service |
| MG 3 machine gun | In service |
| Mossberg 500 | In service |
| Steyr SSG 69 | In service |
| Equipment | Iceland |
|---|---|
| Radar & sensors | |
| AN/FPS-117 | In service |
Coverage is incomplete. “Not documented” means no linked inventory evidence, not zero equipment. Methodology ↗
04 / Data record
Points represent sourced observations, including revisions. Revisions on the same effective date are not separate inventory events. Ranges appear in the table and are not plotted as exact points.
| Observation / report period | Value | Source | Claim state |
|---|---|---|---|
| November 2025 IISS population assessment | 367,086 people | International Institute for Strategic Studies (IISS) | superseded |
| 2025 annual observation | 392,404 people | World Bank; WDI contributors | approved |
National full-time active military personnel; the separately reported reserve, gendarmerie and paramilitary totals are excluded. The national header explicitly states NIL; this is not inferred from an absent field.
2025 annual observation. Midyear resident population estimate.
Annual nominal GDP at current market prices, in source-reported current US dollars. Excludes purchasing-power-parity GDP and real GDP growth. Explicit 2026 economic-table year column; USD 43.4bn. The table was compiled in the November 2025 IISS assessment; this annual figure is an assessment/estimate and does not assert a final audited outturn. The explicit 2026 column is forward-looking relative to the November 2025 assessment and is retained as a forecast, not an observed final outturn.
2020 annual observation. Active-duty military personnel, including qualifying paramilitary forces; not an active-regular-only count.
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