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Iceland - Government Spending 1986

Name: Iceland Government Spending 1986
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

26.95% +2.64% from 1985 Global rank: 23rd

Iceland's government spending was 26.95% in 1986, increased +2.64% from 24.30% in 1985. This was the 23rd highest globally.

Global Ranking - 1986▾

Government Spending by Country - 1986
Rank	Country	Value	YoY
1st	Dominican Republic	11.27%	5.3%
2nd	Bolivia, Plurinational State of	11.97%	-
3rd	Korea	12.90%	-4.9%
4th	Türkiye	13.67%	-18.3%
5th	Indonesia	14.65%	7.4%
6th	Japan	15.11%	-2.0%
7th	India	15.34%	6.7%
8th	Thailand	16.31%	-4.1%
9th	Peru	16.94%	-0.6%
10th	Iran, Islamic Republic of	17.44%	-4.9%
11th	Bhutan	17.52%	-19.8%
12th	Mauritius	20.17%	-10.7%
13th	United States	22.23%	0.3%
14th	Singapore	22.66%	26.2%
15th	Chile	23.66%	-6.9%
16th	Uruguay	24.13%	1.1%
17th	Costa Rica	24.26%	24.3%
18th	Mexico	24.90%	21.3%
19th	South Africa	25.24%	5.0%
20th	Germany	25.25%	-1.6%
21st	Cyprus	25.27%	-7.1%
22nd	Australia	26.09%	-1.1%
23rd	Iceland	26.95%	10.9%
24th	Malta	28.12%	-3.2%
25th	Finland	28.26%	1.6%
26th	Spain	29.55%	-0.3%
27th	Luxembourg	30.77%	-4.0%
28th	Tunisia	31.23%	3.4%
29th	Greece	31.84%	-0.6%
30th	Portugal	33.66%	0.3%
31st	Norway	33.88%	7.7%
32nd	United Kingdom	34.98%	-2.7%
33rd	Egypt, Arab Republic of	35.20%	-1.7%
34th	Denmark	35.27%	-6.2%
35th	European Union	35.89%	4.2%
36th	Austria	36.42%	2.0%
37th	Sweden	37.37%	-3.8%
38th	New Zealand	37.47%	3.7%
39th	Kuwait	38.61%	15.4%
40th	France	41.12%	-1.6%
41st	Seychelles	41.48%	2.2%
42nd	Romania	42.43%	2.1%
43rd	Ireland	45.03%	-1.8%
44th	Italy	46.04%	19.6%
45th	Netherlands	48.69%	0.4%
46th	Israel	49.76%	-13.9%
47th	Hungary	53.23%	12.1%

FAQ

What was Iceland's government spending in 1986?▾

Iceland's government spending in 1986 was 26.95%. This ranked 23rd globally.

How did Iceland's government spending change in 1986?▾

Iceland's government spending increased by 10.9% in 1986 compared to 1985.

Which country had the highest government spending in 1986?▾

Hungary had the highest government spending in 1986 at 53.23%.

What is the government spending of Iceland in 1986?▾

The government spending of Iceland in 1986 was 26.95%. This ranked 23rd globally.

How does 1986 compare to 1985 for Iceland's government spending?▾

Iceland's government spending went from 24.30% in 1985 to 26.95% in 1986, a 10.9% increase.

HistorySaid - pattern alert

Iceland matched the Orthodox Tightening Cycle pattern in 1986. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 25.7%. View full analysis →

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