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Iceland - Government Spending 1980

Name: Iceland Government Spending 1980
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

22.08% −1.73% from 1979 Global rank: 19th

Iceland's government spending was 22.08% in 1980, decreased +1.73% from 23.81% in 1979. This was the 19th highest globally.

Global Ranking - 1980▾

Government Spending by Country - 1980
Rank	Country	Value	YoY
1st	Niger	10.16%	10.7%
2nd	Mexico	10.87%	-17.4%
3rd	India	11.70%	-5.0%
4th	Indonesia	13.54%	2.1%
5th	Dominican Republic	13.80%	-7.0%
6th	Korea	14.75%	2.4%
7th	Singapore	15.32%	-0.6%
8th	Thailand	15.36%	10.0%
9th	Japan	16.20%	3.0%
10th	Switzerland	16.66%	-2.2%
11th	South Africa	17.67%	-8.3%
12th	Türkiye	18.24%	-2.6%
13th	Peru	18.76%	40.7%
14th	Kuwait	18.86%	15.5%
15th	Uruguay	20.18%	11.3%
16th	United States	20.54%	8.6%
17th	Costa Rica	21.59%	1.5%
18th	Greece	21.70%	7.1%
19th	Iceland	22.08%	-7.2%
20th	Spain	23.11%	2.5%
21st	Australia	23.33%	-1.4%
22nd	Chile	23.76%	0.4%
23rd	Mauritius	23.99%	-2.1%
24th	Cyprus	24.51%	8.9%
25th	Malta	24.68%	-13.8%
26th	Germany	25.29%	4.7%
27th	Finland	25.37%	-2.4%
28th	Tunisia	26.33%	-7.1%
29th	Iran, Islamic Republic of	27.36%	5.6%
30th	Portugal	27.37%	5.4%
31st	European Union	32.05%	4.2%
32nd	Norway	32.64%	-2.6%
33rd	Luxembourg	33.33%	1.7%
34th	Austria	33.61%	0.5%
35th	Sweden	33.73%	0.6%
36th	New Zealand	34.95%	3.3%
37th	United Kingdom	35.56%	4.6%
38th	Denmark	36.14%	10.0%
39th	France	36.82%	2.8%
40th	Italy	38.48%	7.9%
41st	Ireland	40.29%	9.1%
42nd	Netherlands	45.48%	1.9%
43rd	Israel	62.08%	4.4%

FAQ

What was Iceland's government spending in 1980?▾

Iceland's government spending in 1980 was 22.08%. This ranked 19th globally.

How did Iceland's government spending change in 1980?▾

Iceland's government spending decreased by 7.2% in 1980 compared to 1979.

Which country had the highest government spending in 1980?▾

Israel had the highest government spending in 1980 at 62.08%.

What is the government spending of Iceland in 1980?▾

The government spending of Iceland in 1980 was 22.08%. This ranked 19th globally.

How does 1980 compare to 1979 for Iceland's government spending?▾

Iceland's government spending went from 23.81% in 1979 to 22.08% in 1980, a 7.2% decrease.

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