Iceland
NATO Member since April 4, 1949
✗ Below 2% Target🛡️ NATO Contributions
Defense Spending0% of GDP
Total Defense Budget$0.0M
Active Personnel0
Meets 2% TargetNo
Source: NATO Defence Expenditure Reports 2024
💰 Economic Profile
GDP$31.0B
GDP Growth4.1%
Population375,318
GDP per Capita$0.1M
Source: World Bank / IMF 2024
🔄 Trade with United States
Total Trade$1.1B
Exports to US$300.0M
Imports from US$800.0M
Trade Balance$-500.0M
Source: US Census Bureau Trade Statistics 2024
⚡ Energy Security
Renewable Energy85% of final consumption
Energy Import Dependency11%
Russian Gas StatusNone
100% renewable electricity (geothermal, hydro)
Source: Eurostat 2023-2024