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Iceland - Government Spending 1993

Name: Iceland Government Spending 1993
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

29.30% −0.75% from 1992 Global rank: 43rd

Iceland's government spending was 29.30% in 1993, decreased +0.75% from 30.05% in 1992. This was the 43rd highest globally.

Global Ranking - 1993▾

Government Spending by Country - 1993
Rank	Country	Value	YoY
1st	Dominican Republic	8.56%	21.9%
2nd	Guatemala	8.63%	-10.3%
3rd	Cameroon	9.90%	-33.7%
4th	Mexico	10.27%	-23.2%
5th	Indonesia	10.71%	-8.5%
6th	Thailand	11.34%	-1.4%
7th	Korea	12.70%	-2.3%
8th	Philippines	13.94%	-1.9%
9th	Argentina	14.28%	21.0%
10th	Singapore	14.58%	-11.9%
11th	Mongolia	14.63%	-12.3%
12th	Belize	14.69%	8.3%
13th	Iran, Islamic Republic of	14.83%	6.8%
14th	India	15.15%	0.2%
15th	Peru	15.31%	-10.8%
16th	Chile	16.38%	0.0%
17th	Lithuania	17.05%	-20.1%
18th	Congo, Democratic Republic of	17.06%	6.0%
19th	Mauritius	17.31%	-7.6%
20th	St. Kitts and Nevis	17.32%	3.0%
21st	Maldives	17.39%	-3.3%
22nd	Bahamas, The	17.43%	-3.6%
23rd	Switzerland	17.58%	7.3%
24th	Bhutan	18.46%	-2.8%
25th	Jamaica	18.69%	-7.0%
26th	Costa Rica	19.36%	8.9%
27th	Bolivia, Plurinational State of	20.38%	16.0%
28th	Morocco	21.09%	15.8%
29th	United States	21.42%	-1.8%
30th	Sri Lanka	22.84%	-4.8%
31st	Türkiye	22.94%	21.6%
32nd	Bahrain	23.00%	0.4%
33rd	Burundi	24.54%	18.3%
34th	Australia	24.93%	2.2%
35th	Canada	25.14%	-1.6%
36th	Nicaragua	25.17%	3.2%
37th	Jordan	25.90%	4.9%
38th	Fiji	27.58%	13.9%
39th	Lesotho	28.35%	-5.5%
40th	Tunisia	28.44%	2.8%
41st	Uruguay	28.89%	15.4%
42nd	South Africa	29.15%	4.4%
43rd	Iceland	29.30%	-2.5%
44th	Cyprus	29.37%	-1.0%
45th	Romania	29.90%	-21.8%
46th	Papua New Guinea	29.98%	3.2%
47th	Malta	30.04%	3.5%
48th	Czechia	30.78%	-
49th	Egypt, Arab Republic of	31.48%	-9.9%
50th	Germany	31.69%	1.7%
51st	Luxembourg	32.33%	-1.6%
52nd	Botswana	32.63%	7.0%
53rd	Slovenia	33.38%	3.8%
54th	Croatia	34.04%	-4.1%
55th	Spain	34.66%	9.2%
56th	Belarus	36.37%	15.0%
57th	Portugal	37.24%	3.8%
58th	Israel	37.36%	-4.3%
59th	United Kingdom	37.37%	-0.7%
60th	Ireland	37.63%	0.1%
61st	Austria	38.91%	5.6%
62nd	Norway	39.01%	-1.8%
63rd	European Union	39.36%	3.0%
64th	Denmark	40.31%	7.3%
65th	Finland	41.95%	7.2%
66th	Bulgaria	43.68%	10.5%
67th	France	44.03%	5.1%
68th	Sweden	44.28%	11.4%
69th	Seychelles	45.55%	2.5%
70th	Netherlands	46.42%	0.6%
71st	Italy	48.02%	2.2%
72nd	Hungary	50.26%	-2.0%
73rd	Kuwait	55.16%	-40.2%

FAQ

What was Iceland's government spending in 1993?▾

Iceland's government spending in 1993 was 29.30%. This ranked 43rd globally.

How did Iceland's government spending change in 1993?▾

Iceland's government spending decreased by 2.5% in 1993 compared to 1992.

Which country had the highest government spending in 1993?▾

Kuwait had the highest government spending in 1993 at 55.16%.

What is the government spending of Iceland in 1993?▾

The government spending of Iceland in 1993 was 29.30%. This ranked 43rd globally.

How does 1993 compare to 1992 for Iceland's government spending?▾

Iceland's government spending went from 30.05% in 1992 to 29.30% in 1993, a 2.5% decrease.

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