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Iceland - Government Spending 2001

Name: Iceland Government Spending 2001
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

29.26% +0.28% from 2000 Global rank: 60th

Iceland's government spending was 29.26% in 2001, increased +0.28% from 28.98% in 2000. This was the 60th highest globally.

Global Ranking - 2001▾

Government Spending by Country - 2001
Rank	Country	Value	YoY
1st	Congo, Democratic Republic of	5.65%	176.1%
2nd	Bangladesh	7.85%	-
3rd	Côte d'Ivoire	8.29%	-
4th	Mali	9.26%	15.7%
5th	Tajikistan	9.48%	5.9%
6th	Bahamas, The	10.42%	1.6%
7th	Dominican Republic	12.17%	10.8%
8th	Guatemala	13.40%	22.5%
9th	Kazakhstan	13.57%	-1.1%
10th	Zambia	14.10%	-12.0%
11th	Nicaragua	14.42%	13.6%
12th	Belize	14.42%	10.4%
13th	Macao SAR, China	15.30%	1.8%
14th	India	15.55%	0.9%
15th	Thailand	15.74%	16.6%
16th	Korea	15.76%	6.2%
17th	Georgia	16.06%	6.5%
18th	Japan	16.23%	-5.1%
19th	Philippines	16.38%	4.3%
20th	St. Lucia	16.64%	13.7%
21st	Argentina	16.99%	0.9%
22nd	Eswatini	17.36%	3.6%
23rd	Switzerland	17.52%	-5.4%
24th	Iran, Islamic Republic of	17.55%	12.5%
25th	Singapore	18.17%	15.6%
26th	Peru	18.24%	-1.0%
27th	Maldives	18.51%	-27.5%
28th	Canada	18.71%	-0.3%
29th	Ghana	18.71%	-
30th	Malaysia	18.75%	13.5%
31st	Bhutan	19.38%	6.0%
32nd	United States	19.51%	8.8%
33rd	Mauritius	19.77%	-0.3%
34th	Chile	20.06%	-0.4%
35th	St. Vincent and the Grenadines	20.74%	-0.4%
36th	Bahrain	20.84%	4.7%
37th	Congo, Republic of	21.51%	-
38th	Mongolia	22.05%	-1.5%
39th	Moldova	22.28%	-23.0%
40th	Russian Federation	22.76%	7.5%
41st	Costa Rica	22.76%	3.3%
42nd	El Salvador	22.97%	52.9%
43rd	Sri Lanka	23.81%	3.6%
44th	Trinidad and Tobago	23.86%	-
45th	Bolivia, Plurinational State of	24.24%	18.0%
46th	South Africa	24.34%	-0.4%
47th	St. Kitts and Nevis	24.82%	-4.3%
48th	Tunisia	24.83%	-0.8%
49th	Australia	26.13%	8.9%
50th	Ukraine	26.70%	2.9%
51st	Belarus	26.87%	6.0%
52nd	Jamaica	26.88%	8.6%
53rd	Papua New Guinea	26.92%	-10.4%
54th	Jordan	26.99%	-0.5%
55th	Uruguay	27.27%	2.7%
56th	Namibia	28.90%	2.8%
57th	Ireland	28.98%	4.7%
58th	Lebanon	29.01%	-4.9%
59th	Angola	29.02%	32.9%
60th	Iceland	29.26%	1.0%
61st	Latvia	29.70%	-8.4%
62nd	Germany	30.42%	-1.9%
63rd	Estonia	31.34%	-6.0%
64th	New Zealand	31.55%	-19.5%
65th	Norway	32.60%	2.0%
66th	Romania	33.16%	-3.6%
67th	Sweden	33.23%	-3.8%
68th	Finland	33.26%	-1.9%
69th	Lesotho	33.57%	-0.7%
70th	Bulgaria	33.80%	-0.6%
71st	Cyprus	33.93%	1.8%
72nd	United Kingdom	34.26%	0.8%
73rd	Lithuania	35.03%	-6.5%
74th	Luxembourg	35.25%	3.3%
75th	Denmark	35.78%	-1.5%
76th	Czechia	36.51%	9.3%
77th	European Union	37.66%	0.0%
78th	Portugal	38.06%	2.3%
79th	Netherlands	38.06%	1.8%
80th	Poland	39.66%	3.9%
81st	Malta	39.70%	5.0%
82nd	Italy	39.86%	1.2%
83rd	Hungary	40.90%	-1.0%
84th	Israel	42.36%	5.3%
85th	Belgium	43.04%	0.9%
86th	Kuwait	43.50%	-6.5%
87th	Croatia	43.71%	-7.4%
88th	Greece	43.80%	-1.5%
89th	Slovak Republic	43.83%	-16.0%
90th	France	45.13%	0.9%
91st	Austria	46.81%	0.8%

FAQ

What was Iceland's government spending in 2001?▾

Iceland's government spending in 2001 was 29.26%. This ranked 60th globally.

How did Iceland's government spending change in 2001?▾

Iceland's government spending increased by 1.0% in 2001 compared to 2000.

Which country had the highest government spending in 2001?▾

Austria had the highest government spending in 2001 at 46.81%.

What is the government spending of Iceland in 2001?▾

The government spending of Iceland in 2001 was 29.26%. This ranked 60th globally.

How does 2001 compare to 2000 for Iceland's government spending?▾

Iceland's government spending went from 28.98% in 2000 to 29.26% in 2001, a 1.0% increase.

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