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Iceland - Government Spending 2012

Name: Iceland Government Spending 2012
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

36.59% −1.43% from 2011 Global rank: 106th

Iceland's government spending was 36.59% in 2012, decreased +1.43% from 38.02% in 2011. This was the 106th highest globally.

Global Ranking - 2012▾

Government Spending by Country - 2012
Rank	Country	Value	YoY
1st	United Arab Emirates	4.05%	3.3%
2nd	Equatorial Guinea	7.13%	43.4%
3rd	Central African Republic	8.18%	-39.2%
4th	Cambodia	8.34%	-5.7%
5th	Madagascar	8.76%	-2.0%
6th	Bangladesh	9.64%	-2.1%
7th	Mali	10.08%	-2.1%
8th	Myanmar	10.55%	276.0%
9th	Macao SAR, China	10.90%	-9.1%
10th	Lao PDR	10.98%	2.3%
11th	Côte d'Ivoire	11.32%	17.8%
12th	Sudan	11.64%	-17.7%
13th	Congo, Republic of	11.65%	14.5%
14th	Malawi	11.87%	-5.2%
15th	Singapore	12.38%	-3.0%
16th	Togo	12.52%	15.8%
17th	Cameroon	12.75%	22.6%
18th	Burkina Faso	12.92%	17.1%
19th	Guatemala	13.17%	3.3%
20th	Philippines	13.55%	0.2%
21st	Nepal	13.84%	-0.7%
22nd	Congo, Democratic Republic of	13.88%	85.8%
23rd	Tanzania	14.02%	-2.5%
24th	Uzbekistan	14.26%	-0.4%
25th	Sri Lanka	15.07%	-3.3%
26th	Nicaragua	15.23%	1.7%
27th	Paraguay	15.70%	20.0%
28th	Kazakhstan	15.80%	3.9%
29th	Dominican Republic	15.87%	13.0%
30th	India	16.17%	11.6%
31st	Gabon	16.28%	-
32nd	Bahamas, The	16.35%	-1.2%
33rd	Switzerland	16.52%	-0.7%
34th	Zambia	16.53%	14.0%
35th	Cabo Verde	16.83%	-5.4%
36th	Canada	17.52%	-1.9%
37th	Micronesia, Federated States of	17.68%	11.1%
38th	Peru	17.92%	1.6%
39th	Burundi	17.98%	-10.1%
40th	Japan	18.11%	-2.6%
41st	Belize	18.32%	-7.9%
42nd	Thailand	18.62%	-4.1%
43rd	Bhutan	18.89%	-6.1%
44th	St. Lucia	19.14%	8.7%
45th	Chile	19.92%	2.2%
46th	Mauritius	20.07%	-0.2%
47th	Zimbabwe	20.21%	5.9%
48th	Bahrain	20.90%	-3.5%
49th	Angola	20.91%	-11.9%
50th	Mexico	20.93%	0.3%
51st	Malaysia	20.98%	6.3%
52nd	Armenia	21.37%	-5.3%
53rd	Azerbaijan	22.19%	20.1%
54th	Mozambique	22.24%	4.5%
55th	Vanuatu	22.74%	0.4%
56th	El Salvador	22.90%	-8.0%
57th	Eswatini	22.98%	1.3%
58th	Fiji	22.99%	3.4%
59th	Albania	23.15%	1.2%
60th	Honduras	23.50%	4.4%
61st	Korea	23.58%	35.6%
62nd	United States	23.91%	-5.7%
63rd	Russian Federation	24.20%	3.6%
64th	Georgia	24.27%	4.9%
65th	St. Kitts and Nevis	24.54%	-6.9%
66th	St. Vincent and the Grenadines	24.80%	-3.5%
67th	Colombia	25.03%	3.3%
68th	Solomon Islands	25.29%	1.2%
69th	Saudi Arabia	25.30%	10.6%
70th	West Bank and Gaza	25.70%	-8.8%
71st	Costa Rica	25.94%	2.2%
72nd	Australia	26.03%	0.4%
73rd	Lebanon	26.80%	1.5%
74th	Ghana	26.88%	27.2%
75th	Mongolia	27.07%	10.8%
76th	Morocco	27.37%	1.1%
77th	Jamaica	27.51%	-2.4%
78th	Belarus	27.62%	8.5%
79th	Moldova	27.85%	1.8%
80th	Germany	27.94%	-1.3%
81st	Brazil	28.17%	-1.7%
82nd	Barbados	28.42%	7.1%
83rd	Trinidad and Tobago	28.52%	4.4%
84th	Egypt, Arab Republic of	28.69%	-1.7%
85th	Samoa	28.81%	-
86th	Uruguay	28.84%	4.0%
87th	Jordan	28.87%	0.1%
88th	North Macedonia	29.37%	1.3%
89th	Türkiye	29.42%	-2.4%
90th	South Africa	30.37%	-2.2%
91st	Bulgaria	30.91%	3.6%
92nd	Botswana	31.52%	5.8%
93rd	Namibia	31.69%	-7.3%
94th	Latvia	31.93%	-9.1%
95th	Romania	32.30%	-4.0%
96th	Sweden	33.01%	1.8%
97th	Norway	33.73%	-1.2%
98th	Tunisia	33.76%	2.6%
99th	Lithuania	34.13%	-7.4%
100th	Estonia	34.20%	-1.9%
101st	New Zealand	34.96%	-12.7%
102nd	Poland	35.06%	0.6%
103rd	Serbia	35.43%	3.9%
104th	Israel	36.25%	0.4%
105th	Czechia	36.35%	4.9%
106th	Iceland	36.59%	-3.8%
107th	Spain	38.03%	21.9%
108th	Luxembourg	38.62%	2.3%
109th	Bosnia and Herzegovina	39.03%	2.4%
110th	Finland	39.07%	2.8%
111th	European Union	39.11%	2.5%
112th	Slovak Republic	39.13%	0.2%
113th	Ukraine	39.54%	7.2%
114th	Malta	39.87%	-1.4%
115th	Ireland	39.98%	-10.1%
116th	Lesotho	40.05%	-1.8%
117th	Croatia	40.23%	-4.3%
118th	Netherlands	42.14%	0.6%
119th	Afghanistan	42.33%	-28.8%
120th	Denmark	42.57%	2.9%
121st	United Kingdom	43.13%	1.5%
122nd	Italy	43.50%	4.0%
123rd	Portugal	44.36%	-0.3%
124th	San Marino	44.65%	6.8%
125th	Hungary	44.72%	-0.7%
126th	Belgium	45.70%	2.7%
127th	Austria	46.58%	1.7%
128th	Slovenia	47.49%	-2.7%
129th	France	48.54%	1.3%
130th	Cyprus	52.64%	25.7%
131st	Marshall Islands	53.35%	-2.0%
132nd	Palau	53.67%	2.0%
133rd	Greece	57.38%	4.7%
134th	Kiribati	62.16%	4.9%
135th	Timor-Leste	78.15%	10.7%

FAQ

What was Iceland's government spending in 2012?▾

Iceland's government spending in 2012 was 36.59%. This ranked 106th globally.

How did Iceland's government spending change in 2012?▾

Iceland's government spending decreased by 3.8% in 2012 compared to 2011.

Which country had the highest government spending in 2012?▾

Timor-Leste had the highest government spending in 2012 at 78.15%.

What is the government spending of Iceland in 2012?▾

The government spending of Iceland in 2012 was 36.59%. This ranked 106th globally.

How does 2012 compare to 2011 for Iceland's government spending?▾

Iceland's government spending went from 38.02% in 2011 to 36.59% in 2012, a 3.8% decrease.

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