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Iceland - Government Spending 1995

Name: Iceland Government Spending 1995
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

29.22% +0.18% from 1994 Global rank: 51st

Iceland's government spending was 29.22% in 1995, increased +0.18% from 29.04% in 1994. This was the 51st highest globally.

Global Ranking - 1995▾

Government Spending by Country - 1995
Rank	Country	Value	YoY
1st	Congo, Democratic Republic of	5.24%	21.0%
2nd	Guatemala	7.56%	-4.8%
3rd	Dominican Republic	7.72%	-3.3%
4th	Cameroon	8.87%	-2.1%
5th	Indonesia	9.71%	-2.7%
6th	Thailand	10.81%	-3.7%
7th	Nicaragua	10.92%	-3.4%
8th	Mexico	11.28%	8.5%
9th	Russian Federation	11.56%	-57.2%
10th	Mongolia	11.67%	-18.0%
11th	Singapore	11.93%	9.2%
12th	Korea	12.61%	-1.2%
13th	Belize	14.13%	-11.0%
14th	Georgia	14.20%	-
15th	India	14.25%	-2.4%
16th	Iran, Islamic Republic of	14.88%	-4.3%
17th	Japan	15.03%	0.0%
18th	Chile	15.05%	-5.1%
19th	Türkiye	15.12%	-31.1%
20th	Argentina	15.51%	4.1%
21st	Bahamas, The	17.37%	1.4%
22nd	Peru	17.50%	13.4%
23rd	Switzerland	17.62%	-0.3%
24th	Bolivia, Plurinational State of	17.71%	-6.7%
25th	Mauritius	18.60%	0.4%
26th	Maldives	18.70%	11.5%
27th	Jamaica	19.23%	0.7%
28th	Azerbaijan	19.83%	-42.0%
29th	Burundi	19.93%	-15.3%
30th	United States	20.53%	-1.0%
31st	Bahrain	20.57%	-7.4%
32nd	Vanuatu	20.68%	5.0%
33rd	Bhutan	21.03%	3.3%
34th	Albania	21.32%	-
35th	Costa Rica	21.54%	-6.3%
36th	Morocco	22.43%	10.0%
37th	Canada	23.43%	-1.3%
38th	Papua New Guinea	24.54%	-9.2%
39th	Australia	25.35%	1.2%
40th	Sri Lanka	25.95%	6.8%
41st	South Africa	26.09%	1.1%
42nd	Jordan	26.14%	4.9%
43rd	Fiji	26.76%	-0.8%
44th	Uruguay	27.10%	-10.2%
45th	Romania	27.62%	-7.2%
46th	Bulgaria	27.97%	-36.0%
47th	Egypt, Arab Republic of	28.13%	-9.3%
48th	Tunisia	28.37%	1.2%
49th	Cyprus	28.46%	-4.6%
50th	Belarus	28.74%	-4.0%
51st	Iceland	29.22%	0.6%
52nd	Botswana	30.62%	5.3%
53rd	Latvia	32.25%	82.2%
54th	Lesotho	32.47%	-1.1%
55th	Lithuania	32.57%	56.3%
56th	United Kingdom	36.98%	-0.3%
57th	Portugal	37.16%	6.3%
58th	Estonia	37.16%	71.7%
59th	Ireland	37.21%	0.3%
60th	Malta	37.46%	23.7%
61st	Luxembourg	37.63%	15.8%
62nd	Norway	37.96%	-1.0%
63rd	Germany	38.22%	20.4%
64th	Israel	38.61%	5.5%
65th	Denmark	41.84%	2.7%
66th	Poland	41.87%	16.4%
67th	Sweden	42.63%	1.5%
68th	European Union	43.65%	13.0%
69th	Seychelles	44.03%	-0.9%
70th	Greece	44.51%	3.8%
71st	Slovak Republic	45.32%	-
72nd	Belgium	45.57%	-
73rd	Kuwait	46.41%	-11.0%
74th	Czechia	46.93%	55.1%
75th	France	47.73%	8.1%
76th	Italy	48.05%	5.0%
77th	Netherlands	48.62%	7.0%
78th	Finland	48.67%	20.3%
79th	Austria	48.85%	25.8%
80th	Croatia	50.08%	36.9%
81st	Hungary	50.88%	-0.2%

FAQ

What was Iceland's government spending in 1995?▾

Iceland's government spending in 1995 was 29.22%. This ranked 51st globally.

How did Iceland's government spending change in 1995?▾

Iceland's government spending increased by 0.6% in 1995 compared to 1994.

Which country had the highest government spending in 1995?▾

Hungary had the highest government spending in 1995 at 50.88%.

What is the government spending of Iceland in 1995?▾

The government spending of Iceland in 1995 was 29.22%. This ranked 51st globally.

How does 1995 compare to 1994 for Iceland's government spending?▾

Iceland's government spending went from 29.04% in 1994 to 29.22% in 1995, a 0.6% increase.

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