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Iceland - Government Spending 1978

Government expenditure as % of GDP · World Bank
22.79% +1.04% from 1977 Global rank: 19th

Iceland's government spending was 22.79% in 1978, increased +1.04% from 21.74% in 1977. This was the 19th highest globally.

Global Ranking - 1978▾
Government Spending by Country - 1978
RankCountryValueYoY
1st Niger 9.45% 6.7%
2nd Dominican Republic 10.85% 4.4%
3rd India 11.27% 7.3%
4th Indonesia 12.40% 1.1%
5th Mexico 12.67% -2.4%
6th Thailand 13.03% 5.8%
7th Korea 13.38% -0.2%
8th Japan 15.03% 6.9%
9th Singapore 15.36% -6.4%
10th Peru 15.67% 18.5%
11th Türkiye 16.06% 0.8%
12th Switzerland 16.94% -1.7%
13th South Africa 19.03% 0.9%
14th United States 19.12% -2.4%
15th Greece 20.44% -0.8%
16th Costa Rica 20.53% 27.2%
17th Spain 20.97% 9.2%
18th Uruguay 21.47% -1.6%
19th Iceland 22.79% 4.8%
20th Cyprus 23.74% 1.7%
21st Mauritius 24.36% 3.3%
22nd Australia 24.47% 3.7%
23rd Kuwait 24.51% 0.4%
24th Germany 24.62% 0.0%
25th Portugal 26.16% 0.9%
26th Finland 26.17% -0.1%
27th Chile 26.33% -1.1%
28th Tunisia 27.13% 2.3%
29th Malta 28.64% -7.2%
30th Iran, Islamic Republic of 29.28% 4.7%
31st European Union 30.17% 4.1%
32nd Denmark 31.39% 2.9%
33rd Luxembourg 31.86% -3.5%
34th Sweden 31.92% 7.3%
35th Norway 33.36% 5.0%
36th Italy 33.81% 12.4%
37th Austria 33.98% 7.8%
38th New Zealand 34.16% 8.8%
39th United Kingdom 34.49% -0.1%
40th Ireland 35.36% 3.7%
41st France 35.44% 2.9%
42nd Egypt, Arab Republic of 37.44% -11.8%
43rd Netherlands 43.31% 2.4%
44th Israel 52.84% -9.8%
Source: World Bank (GC.XPN.TOTL.GD.ZS)

FAQ

What was Iceland's government spending in 1978?▾

Iceland's government spending in 1978 was 22.79%. This ranked 19th globally.

How did Iceland's government spending change in 1978?▾

Iceland's government spending increased by 4.8% in 1978 compared to 1977.

Which country had the highest government spending in 1978?▾

Israel had the highest government spending in 1978 at 52.84%.

What is the government spending of Iceland in 1978?▾

The government spending of Iceland in 1978 was 22.79%. This ranked 19th globally.

How does 1978 compare to 1977 for Iceland's government spending?▾

Iceland's government spending went from 21.74% in 1977 to 22.79% in 1978, a 4.8% increase.

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