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Iceland - Government Spending 1977

Government expenditure as % of GDP · World Bank
21.74% −0.01% from 1976 Global rank: 17th

Iceland's government spending was 21.74% in 1977, decreased +0.01% from 21.75% in 1976. This was the 17th highest globally.

Global Ranking - 1977▾
Government Spending by Country - 1977
RankCountryValueYoY
1st Niger 8.86% -11.3%
2nd India 10.51% -1.2%
3rd Indonesia 12.27% -5.0%
4th Thailand 12.31% -5.6%
5th Mexico 12.98% -1.1%
6th Peru 13.22% -7.1%
7th Korea 13.41% -6.5%
8th Japan 14.06% 4.6%
9th Türkiye 15.92% 13.1%
10th Costa Rica 16.14% -1.3%
11th Singapore 16.41% 6.0%
12th Switzerland 17.24% 1.5%
13th South Africa 18.85% 1.8%
14th Spain 19.20% 9.0%
15th United States 19.60% -0.7%
16th Greece 20.60% 4.9%
17th Iceland 21.74% 0.0%
18th Uruguay 21.82% -4.8%
19th Cyprus 23.34% -9.8%
20th Mauritius 23.57% 7.6%
21st Australia 23.59% -0.1%
22nd Kuwait 24.41% 25.8%
23rd Germany 24.63% 0.3%
24th Finland 26.18% 3.1%
25th Tunisia 26.52% 11.9%
26th Chile 26.63% 5.6%
27th Iran, Islamic Republic of 27.96% -5.0%
28th European Union 28.98% 2.0%
29th Sweden 29.75% 11.5%
30th Italy 30.09% 0.5%
31st Denmark 30.50% 1.6%
32nd Malta 30.85% -1.9%
33rd New Zealand 31.39% 10.1%
34th Austria 31.54% -0.6%
35th Norway 31.77% 1.7%
36th Luxembourg 33.02% 9.1%
37th Ireland 34.10% -3.4%
38th France 34.46% 1.0%
39th United Kingdom 34.53% -5.3%
40th Netherlands 42.29% 3.3%
41st Egypt, Arab Republic of 42.44% -3.0%
42nd Israel 58.61% 3.9%
Source: World Bank (GC.XPN.TOTL.GD.ZS)

FAQ

What was Iceland's government spending in 1977?▾

Iceland's government spending in 1977 was 21.74%. This ranked 17th globally.

How did Iceland's government spending change in 1977?▾

Iceland's government spending decreased by 0.0% in 1977 compared to 1976.

Which country had the highest government spending in 1977?▾

Israel had the highest government spending in 1977 at 58.61%.

What is the government spending of Iceland in 1977?▾

The government spending of Iceland in 1977 was 21.74%. This ranked 17th globally.

How does 1977 compare to 1976 for Iceland's government spending?▾

Iceland's government spending went from 21.75% in 1976 to 21.74% in 1977, a 0.0% decrease.

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