OHMEGA/MONSTER

Iceland IcelandEurope & Central Asia

Iceland: 104th largest economy, 165th in military spending

Head of state Halla TómasdóttirHead of government Kristrún Mjöll FrostadóttirCapital Reykjavik
Population392k#172 of 194 in the world · 2025
GDP$38.6B#104 of 193 in the world · 2025
GDP per person$98.3k#7 of 193 in the world · 2025
Fossil fuel output0.0 TWh#146 of 186 in the world · 2016
Military spending$0.0#165 of 167 in the world · 2024

Bars show the share of states this actor is ahead of. Rank is among states, each at its latest year.

Attacks reported

attack log →

≥ 1 events in or near Iceland, last 30 days reported by the sources; the strongest are listed. No source sees every attack.

  • 2026-10-29 · Armed clash · Keflavik, Suðes, Iceland · GDELT ↗ · machine-coded

392k people, 94% in cities

  • Population392k2025
  • Population growth1.5%2025
  • Urban population94.2%2025
  • Land area101k km²2023

A $38.6B economy, $98.3k per person

  • GDP$38.6B2025
  • GDP (purchasing power)$32.7B2025
  • GDP per person$98.3k2025
  • GDP per person (purchasing power)$83.4k2025
  • GDP growth1.3%2025

Fuels are 1% of goods exports

  • Exports, share of GDP40.1%2025
  • Imports, share of GDP42.4%2025
  • Fuels, share of goods exports1.5%2025
  • Exports of goods and services$15.5B2025
  • Imports of goods and services$16.3B2025

Fossil fuel output of 0.0 TWh

Oilmade 0.0 TWhused 11 TWh
Gasmade 0.0 TWhused 0.0 TWh
Coalmade 0.0 TWhused 1.3 TWh
  • Fossil fuel production (oil + gas + coal)0.0 TWh2016
  • Primary energy consumption63 TWh2024
  • Energy use per person159.7 MWh2024
  • Electricity generation19 TWh2024
  • Electricity from fossil fuels0.0%2024

Spends $0.0 on its military

  • Military spending$0.02024
  • Armed forces personnel0.02020
  • Arms exports (SIPRI trend-indicator value, 1990 US$)$5M1993

What Iceland's leaders said lately

1 statement on record, newest first

  • Representative of Iceland, Representative · 13 Octcommitment
    honour our commitments under the Paris Agreement source ↗

Where these numbers come from

Leaders as of 2026-10-05. Figures fetched 2026-10-05; each shows its own year.