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Iceland - Arms imports in constant prices of 1990

50,000,000 (US dollars) in 2011

In 2011, arms imports for Iceland was 50 million US dollars. Arms imports of Iceland increased from 20 million US dollars in 1960 to 50 million US dollars in 2011 growing at an average annual rate of 40.06 %.

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What is arms imports?

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.

What is Iceland arms imports?

Date Value Change, %
2011 50,000,000 85.19 %
1975 27,000,000 0.00 %
1968 27,000,000 35.00 %
1960 20,000,000