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Historical Values
Year Value
1990 1.1% of GDP (1987)
1991 $20 million, less than 1% of GDP (FY91)
1992 exchange rate conversion - $20 million, less than 1% of GDP (FY91)
1993 exchange rate conversion - $19.3 million, 1% of GDP (FY91/92)
1994 exchange rate conversion - $19.3 million, 1% of GDP (FY91/92)
1995 exchange rate conversion - $19.3 million, 1% of GDP (FY91/92) JAN MAYEN (territory of Norway)
1996 exchange rate conversion - $30 million, NA% of GDP (FY95/96)
1997 NA%
1998 NA%
1999 NA%
2000 NA%
2001 NA%
2002 NA%
2003 NA%
2004 0.4% (2003)
2005 0.4% (2003)
2006 0.4% (2003 est.)
2007 0.6% (2006 est.)
2008 0.6% of GDP (2006 est.)
2009 0.6% of GDP (2006 est.) country comparison to the world: 155
2010 0.6% of GDP (2006 est.) country comparison to the world: 159
2011 0.6% of GDP (2006 est.) country comparison to the world: 158
2012 0.6% of GDP (2006 est.) country comparison to the world: 158
2013 0.9% of GDP (2012) country comparison to the world: 130
2014 0.86% of GDP (2012) country comparison to the world: 112 0.92% of GDP (2011) 0.86% of GDP (2010)
2015 0.86% of GDP (2012) | 0.92% of GDP (2011) | 0.86% of GDP (2010) | country comparison to the world: 111
2016 0.86% of GDP (2012) | 0.92% of GDP (2011) | 0.86% of GDP (2010) | country comparison to the world: 111
2017 0.82% of GDP (2016) | 0.83% of GDP (2015) | 0.87% of GDP (2014) | 0.9% of GDP (2013) | 0.93% of GDP (2012) | country comparison to the world: 111
2018 0.82% of GDP (2016) | 0.83% of GDP (2015) | 0.87% of GDP (2014) | 0.9% of GDP (2013) | 0.93% of GDP (2012)
2019 1.35% of GDP (2018) | 0.98% of GDP (2017) | 0.96% of GDP (2016) | 0.87% of GDP (2015) | 0.87% of GDP (2014)
2020 1.6% of GDP (2019) | 1.3% of GDP (2018) | 1% of GDP (2017) | 1% of GDP (2016) | 1% of GDP (2015)
2021 1.7% of GDP (2020 est.) 1.6% of GDP (2019) 1.3% of GDP (2018) 1% of GDP (2017) 0.9% of GDP (2016)
2022 1.4% of GDP (2021 est.) 1.7% of GDP (2020 est.) 1.6% of GDP (2019 est.) (approximately $300 million) 1.4% of GDP (2018 est.) (approximately $260 million) 1% of GDP (2017 est.) (approximately $190 million)
2023 1.3% of GDP (2022 est.) 1.4% of GDP (2021 est.) 1.7% of GDP (2020 est.) 1.6% of GDP (2019 est.) 1.4% of GDP (2018 est.)
2024 1.2% of GDP (2023 est.) 1.3% of GDP (2022 est.) 1.4% of GDP (2021 est.) 1.7% of GDP (2020 est.) 1.6% of GDP (2019 est.)
2025 1.4% of GDP (2024 est.) 1.2% of GDP (2023 est.) 1.3% of GDP (2022 est.) 1.4% of GDP (2021 est.) 1.7% of GDP (2020 est.)