https://www.globalfirepower.com/countries-listing.php
In that ranking, Iceland is ranked higher than other countries with military forces like Bhutan or Kosovo, and is very near to other countries which also have at least some military forces like Moldova or Gabon
None of these countries have a strong military at all, but shouldn't Iceland rank much lower than they do as they do not have a standing military (except for a few helicopters and coast guard ships)?