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Iceland - Government Spending 2005

Name: Iceland Government Spending 2005
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

32.74% +2.53% from 2004 Global rank: 79th

Iceland's government spending was 32.74% in 2005, increased +2.53% from 30.21% in 2004. This was the 79th highest globally.

Global Ranking - 2005▾

Government Spending by Country - 2005
Rank	Country	Value	YoY
1st	Myanmar	2.81%	-23.0%
2nd	Cambodia	6.76%	-8.9%
3rd	Bangladesh	8.14%	7.1%
4th	Madagascar	9.50%	-12.5%
5th	Burkina Faso	10.20%	0.2%
6th	Côte d'Ivoire	10.53%	4.2%
7th	Togo	10.54%	13.2%
8th	Mali	10.79%	-6.1%
9th	Bahamas, The	11.36%	0.7%
10th	Macao SAR, China	11.56%	-2.5%
11th	Paraguay	12.28%	-
12th	Congo, Democratic Republic of	12.45%	21.3%
13th	Singapore	12.59%	-12.5%
14th	Guatemala	13.04%	1.2%
15th	Dominican Republic	13.60%	2.0%
16th	Nicaragua	13.72%	6.1%
17th	Japan	15.05%	-0.1%
18th	India	15.17%	0.3%
19th	Thailand	15.31%	-1.1%
20th	St. Lucia	15.66%	-8.0%
21st	Philippines	16.51%	8.3%
22nd	Korea	17.14%	3.6%
23rd	Chile	17.21%	-5.5%
24th	Bahrain	17.31%	-10.6%
25th	Malaysia	17.69%	-6.4%
26th	Switzerland	17.82%	-1.9%
27th	Canada	17.82%	3.2%
28th	Peru	18.02%	3.7%
29th	Armenia	18.15%	7.0%
30th	Angola	18.60%	32.1%
31st	Belize	18.61%	-3.1%
32nd	Bhutan	18.80%	15.8%
33rd	Iran, Islamic Republic of	19.42%	16.6%
34th	Zambia	19.76%	13.2%
35th	Honduras	19.88%	1.7%
36th	Mauritius	19.89%	0.1%
37th	Russian Federation	19.95%	-7.5%
38th	Sri Lanka	20.20%	-2.5%
39th	El Salvador	20.48%	4.4%
40th	St. Vincent and the Grenadines	20.68%	6.6%
41st	United States	20.75%	1.5%
42nd	Eswatini	21.42%	7.0%
43rd	Congo, Republic of	21.45%	-25.2%
44th	Georgia	21.75%	10.1%
45th	St. Kitts and Nevis	22.14%	5.2%
46th	Costa Rica	22.65%	0.5%
47th	Trinidad and Tobago	22.65%	0.2%
48th	Ghana	22.75%	-3.1%
49th	Fiji	24.71%	-1.5%
50th	Namibia	25.41%	-0.8%
51st	Morocco	25.46%	19.1%
52nd	Australia	25.51%	-0.2%
53rd	South Africa	25.60%	0.0%
54th	Bolivia, Plurinational State of	25.98%	-4.5%
55th	Tunisia	26.15%	1.5%
56th	Uruguay	26.56%	-0.1%
57th	Lebanon	26.84%	0.0%
58th	Spain	27.28%	-5.5%
59th	Egypt, Arab Republic of	27.39%	1.9%
60th	Jamaica	27.45%	-9.3%
61st	Cabo Verde	27.70%	-
62nd	Barbados	28.10%	9.0%
63rd	Latvia	28.22%	-0.2%
64th	Kuwait	28.51%	-19.2%
65th	Seychelles	28.65%	-29.3%
66th	North Macedonia	28.89%	-
67th	Moldova	29.32%	7.6%
68th	Germany	30.00%	0.1%
69th	Estonia	30.01%	-2.0%
70th	San Marino	30.16%	-9.4%
71st	Belarus	30.25%	3.4%
72nd	Ireland	30.43%	2.4%
73rd	New Zealand	30.99%	1.8%
74th	Romania	31.03%	-0.5%
75th	Lithuania	31.06%	-1.9%
76th	Maldives	31.18%	75.6%
77th	Bulgaria	31.44%	-8.1%
78th	Bosnia and Herzegovina	32.62%	-
79th	Iceland	32.74%	8.4%
80th	Sweden	33.14%	1.2%
81st	Norway	33.14%	-6.0%
82nd	Lesotho	33.43%	3.8%
83rd	Czechia	33.45%	-3.2%
84th	Denmark	33.81%	-5.6%
85th	Finland	34.69%	0.3%
86th	Ukraine	34.79%	9.3%
87th	Jordan	35.65%	10.9%
88th	European Union	36.46%	-0.5%
89th	West Bank and Gaza	36.57%	-
90th	Poland	36.96%	-2.3%
91st	Netherlands	37.52%	-2.5%
92nd	United Kingdom	37.73%	1.2%
93rd	Luxembourg	38.18%	-1.6%
94th	Croatia	38.18%	-4.7%
95th	Cyprus	38.54%	2.9%
96th	Slovak Republic	38.57%	3.4%
97th	Italy	39.04%	0.9%
98th	Israel	39.29%	-2.0%
99th	Malta	40.16%	-0.7%
100th	Portugal	41.30%	2.4%
101st	Hungary	41.83%	0.4%
102nd	Belgium	43.53%	6.4%
103rd	Greece	43.93%	-1.4%
104th	Slovenia	43.98%	0.7%
105th	France	45.75%	0.1%
106th	Austria	46.25%	-5.5%

FAQ

What was Iceland's government spending in 2005?▾

Iceland's government spending in 2005 was 32.74%. This ranked 79th globally.

How did Iceland's government spending change in 2005?▾

Iceland's government spending increased by 8.4% in 2005 compared to 2004.

Which country had the highest government spending in 2005?▾

Austria had the highest government spending in 2005 at 46.25%.

What is the government spending of Iceland in 2005?▾

The government spending of Iceland in 2005 was 32.74%. This ranked 79th globally.

How does 2005 compare to 2004 for Iceland's government spending?▾

Iceland's government spending went from 30.21% in 2004 to 32.74% in 2005, a 8.4% increase.

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