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Iceland - Government Spending 1997

Name: Iceland Government Spending 1997
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

26.69% −2.21% from 1996 Global rank: 48th

Iceland's government spending was 26.69% in 1997, decreased +2.21% from 28.90% in 1996. This was the 48th highest globally.

Global Ranking - 1997▾

Government Spending by Country - 1997
Rank	Country	Value	YoY
1st	Congo, Democratic Republic of	5.67%	1.5%
2nd	United Arab Emirates	6.05%	-
3rd	Guatemala	8.27%	3.4%
4th	Dominican Republic	10.24%	26.7%
5th	Bahamas, The	11.24%	-38.4%
6th	Nicaragua	11.30%	4.6%
7th	Mexico	11.68%	5.1%
8th	Korea	12.62%	-1.5%
9th	Indonesia	12.92%	24.7%
10th	Thailand	13.23%	18.3%
11th	Macao SAR, China	13.37%	7.3%
12th	Singapore	13.63%	-15.7%
13th	Japan	14.43%	-3.5%
14th	Belize	14.48%	2.6%
15th	India	14.60%	3.7%
16th	Argentina	15.01%	-1.0%
17th	Chile	15.86%	0.8%
18th	Iran, Islamic Republic of	15.92%	2.0%
19th	Azerbaijan	16.22%	2.6%
20th	Mongolia	16.33%	22.5%
21st	Peru	16.63%	-2.5%
22nd	Malaysia	16.99%	-9.1%
23rd	Burundi	18.26%	7.2%
24th	Switzerland	18.53%	1.2%
25th	Kazakhstan	18.74%	-
26th	United States	19.39%	-3.1%
27th	Mauritius	19.56%	5.5%
28th	Bolivia, Plurinational State of	19.69%	4.5%
29th	Pakistan	19.75%	-
30th	Maldives	19.76%	9.6%
31st	Türkiye	19.84%	8.8%
32nd	Bahrain	20.00%	2.3%
33rd	Georgia	20.08%	15.2%
34th	Vanuatu	20.33%	-8.4%
35th	Canada	20.37%	-8.8%
36th	Bhutan	20.39%	-16.2%
37th	Morocco	21.17%	-5.6%
38th	Costa Rica	21.39%	-4.9%
39th	Sri Lanka	22.83%	-8.6%
40th	Australia	23.77%	-3.1%
41st	Egypt, Arab Republic of	24.23%	-10.1%
42nd	Jamaica	24.25%	3.6%
43rd	Tunisia	25.12%	-10.3%
44th	Albania	25.19%	20.8%
45th	South Africa	25.81%	-4.5%
46th	Bulgaria	26.23%	-18.2%
47th	Uruguay	26.32%	-5.4%
48th	Iceland	26.69%	-7.7%
49th	Belarus	27.21%	-1.8%
50th	Papua New Guinea	27.28%	5.8%
51st	Jordan	28.42%	-1.3%
52nd	Romania	29.89%	11.1%
53rd	Cyprus	31.15%	4.9%
54th	Germany	31.79%	-1.7%
55th	Latvia	32.26%	3.4%
56th	Lesotho	32.79%	9.5%
57th	Ireland	33.07%	-6.5%
58th	Estonia	33.77%	-6.0%
59th	United Kingdom	34.30%	-4.0%
60th	Norway	34.40%	-4.4%
61st	Czechia	34.88%	-6.4%
62nd	Portugal	35.87%	-3.1%
63rd	Luxembourg	37.53%	-0.5%
64th	Kuwait	38.18%	-8.6%
65th	Sweden	38.30%	-4.5%
66th	Moldova	38.41%	-
67th	Malta	39.04%	-0.6%
68th	Denmark	39.08%	-4.2%
69th	Israel	39.32%	-1.2%
70th	European Union	40.18%	-2.9%
71st	Finland	40.33%	-10.3%
72nd	Poland	40.48%	-14.9%
73rd	Netherlands	41.09%	-2.3%
74th	Greece	43.75%	-1.5%
75th	Hungary	44.53%	-4.7%
76th	Belgium	44.70%	-2.7%
77th	Slovak Republic	44.81%	-13.2%
78th	Italy	44.96%	-5.0%
79th	Croatia	46.41%	-6.0%
80th	Seychelles	47.29%	-2.2%
81st	Austria	47.64%	-2.7%
82nd	France	48.03%	0.5%
83rd	Lithuania	48.86%	44.2%

FAQ

What was Iceland's government spending in 1997?▾

Iceland's government spending in 1997 was 26.69%. This ranked 48th globally.

How did Iceland's government spending change in 1997?▾

Iceland's government spending decreased by 7.7% in 1997 compared to 1996.

Which country had the highest government spending in 1997?▾

Lithuania had the highest government spending in 1997 at 48.86%.

What is the government spending of Iceland in 1997?▾

The government spending of Iceland in 1997 was 26.69%. This ranked 48th globally.

How does 1997 compare to 1996 for Iceland's government spending?▾

Iceland's government spending went from 28.90% in 1996 to 26.69% in 1997, a 7.7% decrease.

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