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Iceland - Government Spending 1975

Name: Iceland Government Spending 1975
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

25.49% −0.45% from 1974 Global rank: 26th

Iceland's government spending was 25.49% in 1975, decreased +0.45% from 25.94% in 1974. This was the 26th highest globally.

Global Ranking - 1975▾

Government Spending by Country - 1975
Rank	Country	Value	YoY
1st	Dominican Republic	9.36%	-16.9%
2nd	Honduras	10.06%	13.4%
3rd	India	10.11%	15.8%
4th	Thailand	12.52%	21.2%
5th	Mexico	12.55%	7.5%
6th	Japan	12.80%	4.8%
7th	Indonesia	13.27%	0.3%
8th	Peru	13.61%	15.8%
9th	Korea	13.62%	12.0%
10th	Türkiye	14.23%	15.8%
11th	Switzerland	15.15%	16.3%
12th	Singapore	15.19%	15.0%
13th	Costa Rica	16.31%	8.3%
14th	Spain	17.30%	5.4%
15th	South Africa	17.62%	9.8%
16th	Mauritius	17.72%	26.6%
17th	Greece	18.16%	-1.6%
18th	United States	19.47%	8.9%
19th	Australia	21.24%	17.2%
20th	Uruguay	22.51%	2.7%
21st	Tunisia	23.56%	8.7%
22nd	Portugal	23.72%	-
23rd	Germany	24.39%	10.3%
24th	Sweden	24.56%	1.5%
25th	Finland	24.71%	17.2%
26th	Iceland	25.49%	-1.7%
27th	Chile	27.03%	15.1%
28th	European Union	28.27%	9.9%
29th	Norway	29.00%	2.6%
30th	Luxembourg	29.75%	37.8%
31st	Cyprus	30.21%	-
32nd	Italy	30.96%	16.7%
33rd	Denmark	31.07%	2.9%
34th	Austria	31.23%	11.5%
35th	New Zealand	31.42%	13.6%
36th	France	33.90%	7.9%
37th	Iran, Islamic Republic of	34.07%	3.0%
38th	Ireland	34.82%	10.4%
39th	Malta	35.00%	-10.0%
40th	United Kingdom	36.49%	9.7%
41st	Netherlands	40.69%	13.7%
42nd	Egypt, Arab Republic of	50.77%	-
43rd	Israel	53.69%	5.4%

FAQ

What was Iceland's government spending in 1975?▾

Iceland's government spending in 1975 was 25.49%. This ranked 26th globally.

How did Iceland's government spending change in 1975?▾

Iceland's government spending decreased by 1.7% in 1975 compared to 1974.

Which country had the highest government spending in 1975?▾

Israel had the highest government spending in 1975 at 53.69%.

What is the government spending of Iceland in 1975?▾

The government spending of Iceland in 1975 was 25.49%. This ranked 26th globally.

How does 1975 compare to 1974 for Iceland's government spending?▾

Iceland's government spending went from 25.94% in 1974 to 25.49% in 1975, a 1.7% decrease.

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