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Iceland - Government Spending 2017

Name: Iceland Government Spending 2017
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

31.03% −3.97% from 2016 Global rank: 98th

Iceland's government spending was 31.03% in 2017, decreased +3.97% from 35.00% in 2016. This was the 98th highest globally.

Global Ranking - 2017▾

Government Spending by Country - 2017
Rank	Country	Value	YoY
1st	Somalia, Fed. Rep.	0.00%	-
2nd	United Arab Emirates	3.89%	-6.9%
3rd	Bangladesh	7.64%	-2.8%
4th	Congo, Democratic Republic of	7.84%	-34.0%
5th	Central African Republic	8.68%	-3.8%
6th	Zimbabwe	9.78%	-61.2%
7th	Equatorial Guinea	9.90%	-3.4%
8th	Mali	10.50%	1.8%
9th	Cameroon	10.53%	-11.5%
10th	Madagascar	10.59%	13.7%
11th	Cambodia	10.80%	10.3%
12th	Uganda	11.26%	-0.5%
13th	Togo	11.51%	-15.4%
14th	Lao PDR	12.34%	-11.0%
15th	Uzbekistan	12.71%	-11.3%
16th	Guatemala	12.89%	0.8%
17th	Guinea-Bissau	13.16%	-
18th	Malawi	13.24%	7.4%
19th	Philippines	13.61%	1.3%
20th	Panama	13.94%	1.8%
21st	Singapore	14.29%	-0.9%
22nd	Paraguay	14.47%	-6.2%
23rd	Angola	14.56%	-5.6%
24th	Côte d'Ivoire	14.95%	11.5%
25th	Macao SAR, China	15.21%	-6.9%
26th	Sri Lanka	15.33%	-2.1%
27th	India	15.61%	2.2%
28th	Gabon	15.67%	-8.3%
29th	Tanzania	15.74%	17.7%
30th	Malaysia	15.83%	-5.6%
31st	Congo, Republic of	16.04%	-6.5%
32nd	Japan	16.20%	-3.1%
33rd	Nicaragua	16.52%	0.8%
34th	Papua New Guinea	16.58%	-9.8%
35th	Dominican Republic	16.84%	2.5%
36th	Nepal	16.85%	18.5%
37th	Myanmar	16.92%	10.2%
38th	Burundi	17.02%	-4.3%
39th	Switzerland	17.22%	-0.1%
40th	Ghana	17.36%	-5.1%
41st	Canada	17.61%	0.6%
42nd	St. Lucia	17.61%	-3.1%
43rd	Bhutan	17.62%	0.0%
44th	Mozambique	17.63%	-4.8%
45th	Burkina Faso	18.49%	25.7%
46th	Cabo Verde	18.67%	-2.1%
47th	Rwanda	18.67%	1.2%
48th	Kazakhstan	19.03%	16.5%
49th	Thailand	19.12%	-2.8%
50th	Bahamas, The	19.74%	10.4%
51st	Senegal	19.79%	8.1%
52nd	Mexico	19.87%	-2.3%
53rd	Peru	20.15%	5.0%
54th	Maldives	20.35%	-15.9%
55th	Zambia	20.92%	-6.6%
56th	Mauritius	21.93%	-3.7%
57th	United States	22.29%	-1.1%
58th	Belize	22.34%	5.0%
59th	Chile	22.35%	1.0%
60th	Bahrain	22.52%	-8.1%
61st	Armenia	22.63%	-12.0%
62nd	Micronesia, Federated States of	22.64%	-0.1%
63rd	Morocco	22.68%	-0.4%
64th	Korea	22.74%	1.9%
65th	St. Kitts and Nevis	22.92%	-11.3%
66th	Albania	23.44%	-1.1%
67th	Mongolia	23.70%	-13.5%
68th	Ireland	23.75%	-7.7%
69th	Argentina	24.28%	-7.2%
70th	Samoa	24.67%	-1.3%
71st	St. Vincent and the Grenadines	24.73%	5.7%
72nd	El Salvador	24.84%	7.0%
73rd	Jamaica	25.02%	1.0%
74th	Kenya	25.13%	13.2%
75th	Fiji	25.37%	0.2%
76th	Costa Rica	25.40%	-6.4%
77th	Jordan	25.56%	-1.2%
78th	Iraq	25.97%	-2.2%
79th	Saudi Arabia	25.98%	-3.6%
80th	Lebanon	25.98%	0.5%
81st	Kyrgyz Republic	26.05%	-3.6%
82nd	Australia	26.53%	-1.3%
83rd	Georgia	26.86%	-6.3%
84th	West Bank and Gaza	26.87%	4.7%
85th	Vanuatu	26.93%	8.5%
86th	Eswatini	27.07%	-2.6%
87th	Moldova	27.24%	2.1%
88th	Colombia	27.50%	-3.9%
89th	Germany	27.52%	0.5%
90th	Azerbaijan	27.96%	2.8%
91st	North Macedonia	28.00%	0.8%
92nd	Botswana	28.15%	5.1%
93rd	Belarus	29.32%	-0.3%
94th	New Zealand	29.90%	-2.6%
95th	Solomon Islands	30.23%	1.6%
96th	Latvia	30.43%	-0.9%
97th	Russian Federation	30.71%	-1.0%
98th	Iceland	31.03%	-11.3%
99th	Lithuania	31.07%	-4.9%
100th	Uruguay	31.25%	-11.3%
101st	Spain	31.36%	-3.3%
102nd	Czechia	31.39%	-3.5%
103rd	Ecuador	31.52%	-10.1%
104th	Türkiye	31.55%	3.1%
105th	Romania	31.60%	-1.9%
106th	Malta	31.82%	-7.7%
107th	Tonga	31.89%	2.4%
108th	Sweden	31.98%	-0.4%
109th	Bulgaria	31.99%	-0.1%
110th	Brazil	32.36%	-3.1%
111th	Trinidad and Tobago	33.04%	-1.1%
112th	South Africa	33.25%	3.3%
113th	Ukraine	33.61%	0.3%
114th	Bosnia and Herzegovina	33.89%	-2.9%
115th	Poland	34.26%	-1.5%
116th	Estonia	34.70%	-3.1%
117th	Israel	35.54%	3.1%
118th	Serbia	36.14%	-4.4%
119th	Denmark	36.28%	-2.9%
120th	United Kingdom	36.84%	-0.5%
121st	Cyprus	36.85%	-3.4%
122nd	European Union	37.02%	-0.9%
123rd	Slovak Republic	37.04%	-8.1%
124th	Luxembourg	37.76%	2.5%
125th	Finland	38.17%	-4.4%
126th	Netherlands	38.29%	-2.9%
127th	Namibia	38.56%	8.8%
128th	Norway	38.69%	-2.6%
129th	Croatia	39.05%	-2.6%
130th	Afghanistan	39.22%	-10.7%
131st	Lesotho	39.72%	-2.1%
132nd	Belgium	40.10%	-2.6%
133rd	Palau	41.33%	2.2%
134th	Portugal	41.67%	0.8%
135th	Hungary	42.02%	-3.2%
136th	Slovenia	42.30%	-5.3%
137th	Italy	42.95%	-0.6%
138th	San Marino	43.30%	-3.8%
139th	Austria	44.87%	-1.5%
140th	Greece	47.67%	-2.4%
141st	France	48.47%	0.7%
142nd	Timor-Leste	57.06%	-18.6%
143rd	Marshall Islands	60.77%	7.7%
144th	Kiribati	64.41%	4.9%
145th	Nauru	90.57%	2.0%

FAQ

What was Iceland's government spending in 2017?▾

Iceland's government spending in 2017 was 31.03%. This ranked 98th globally.

How did Iceland's government spending change in 2017?▾

Iceland's government spending decreased by 11.3% in 2017 compared to 2016.

Which country had the highest government spending in 2017?▾

Nauru had the highest government spending in 2017 at 90.57%.

What is the government spending of Iceland in 2017?▾

The government spending of Iceland in 2017 was 31.03%. This ranked 98th globally.

How does 2017 compare to 2016 for Iceland's government spending?▾

Iceland's government spending went from 35.00% in 2016 to 31.03% in 2017, a 11.3% decrease.

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