Iceland - Government Spending 2022
32.57%
−2.10% from 2021
Iceland's government spending was 32.57% in 2022, decreased +2.10% from 34.67% in 2021. This was the 72nd highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | United Arab Emirates | 3.81% | -10.6% |
| 2nd | Madagascar | 9.94% | -7.0% |
| 3rd | Lao PDR | 10.32% | -4.2% |
| 4th | Tajikistan | 10.69% | -14.2% |
| 5th | Equatorial Guinea | 11.05% | 6.6% |
| 6th | Cambodia | 11.78% | -6.4% |
| 7th | Congo, Democratic Republic of | 12.45% | 44.0% |
| 8th | India | 13.33% | -14.9% |
| 9th | Guatemala | 13.99% | 5.4% |
| 10th | Guinea-Bissau | 14.38% | 1.1% |
| 11th | Singapore | 14.82% | -9.0% |
| 12th | Togo | 15.26% | 15.8% |
| 13th | Sri Lanka | 15.74% | -9.9% |
| 14th | Kazakhstan | 16.16% | -5.6% |
| 15th | Switzerland | 16.47% | -13.2% |
| 16th | Paraguay | 16.54% | -1.2% |
| 17th | Nicaragua | 16.69% | -2.8% |
| 18th | Tanzania | 16.85% | 11.4% |
| 19th | Uganda | 16.94% | 8.7% |
| 20th | Malaysia | 17.90% | 3.7% |
| 21st | Dominican Republic | 18.06% | 4.0% |
| 22nd | Canada | 18.25% | -18.9% |
| 23rd | Côte d'Ivoire | 18.41% | 12.4% |
| 24th | Philippines | 18.61% | -2.8% |
| 25th | Ireland | 19.24% | -13.6% |
| 26th | Papua New Guinea | 19.45% | -1.9% |
| 27th | Rwanda | 19.56% | -3.6% |
| 28th | Malawi | 20.17% | 17.4% |
| 29th | Japan | 20.93% | -3.2% |
| 30th | Armenia | 21.16% | -15.2% |
| 31st | Argentina | 21.87% | -4.5% |
| 32nd | Saudi Arabia | 21.97% | -12.2% |
| 33rd | Thailand | 22.23% | -11.5% |
| 34th | Mexico | 22.31% | 6.8% |
| 35th | Bahamas, The | 22.32% | -9.5% |
| 36th | Ghana | 22.68% | 9.3% |
| 37th | Burkina Faso | 22.77% | 14.7% |
| 38th | Azerbaijan | 23.01% | -15.2% |
| 39th | Uzbekistan | 23.08% | 0.5% |
| 40th | Senegal | 23.12% | 18.0% |
| 41st | Kyrgyz Republic | 23.83% | 1.8% |
| 42nd | Chile | 24.13% | -21.7% |
| 43rd | Georgia | 24.94% | -8.3% |
| 44th | United States | 25.05% | -21.2% |
| 45th | Kenya | 25.06% | 6.2% |
| 46th | Botswana | 25.09% | -11.6% |
| 47th | Mozambique | 26.00% | 11.6% |
| 48th | Albania | 27.00% | 10.7% |
| 49th | El Salvador | 27.39% | -7.2% |
| 50th | Australia | 27.58% | -15.3% |
| 51st | Morocco | 28.14% | 9.8% |
| 52nd | Mauritius | 28.19% | -13.4% |
| 53rd | Belarus | 28.27% | 1.4% |
| 54th | Costa Rica | 28.76% | -6.7% |
| 55th | Jordan | 28.80% | 1.0% |
| 56th | Solomon Islands | 28.89% | -4.9% |
| 57th | Türkiye | 29.06% | -3.8% |
| 58th | Norway | 29.29% | -19.8% |
| 59th | Fiji | 29.94% | -17.5% |
| 60th | Ecuador | 30.44% | -4.7% |
| 61st | Vanuatu | 30.76% | -10.2% |
| 62nd | Germany | 31.17% | -4.6% |
| 63rd | Korea | 31.30% | 9.6% |
| 64th | Russian Federation | 31.40% | 2.0% |
| 65th | Brazil | 31.64% | 7.3% |
| 66th | Samoa | 31.84% | -7.5% |
| 67th | Denmark | 32.16% | -11.7% |
| 68th | North Macedonia | 32.20% | -3.4% |
| 69th | Moldova | 32.25% | 7.6% |
| 70th | Colombia | 32.39% | -9.2% |
| 71st | Sweden | 32.51% | -2.1% |
| 72nd | Iceland | 32.57% | -6.1% |
| 73rd | Bosnia and Herzegovina | 33.42% | -4.1% |
| 74th | South Africa | 33.42% | -3.4% |
| 75th | Lithuania | 34.05% | -3.2% |
| 76th | Czechia | 34.44% | -6.5% |
| 77th | Israel | 35.25% | -7.7% |
| 78th | Spain | 35.34% | -7.9% |
| 79th | Estonia | 35.42% | -7.4% |
| 80th | Serbia | 35.46% | -5.9% |
| 81st | New Zealand | 35.53% | 5.7% |
| 82nd | Namibia | 35.72% | -5.0% |
| 83rd | Poland | 36.06% | -2.5% |
| 84th | Cyprus | 36.20% | -11.0% |
| 85th | Uruguay | 36.29% | 14.4% |
| 86th | Latvia | 36.35% | -5.6% |
| 87th | Malta | 36.49% | -1.8% |
| 88th | Romania | 37.30% | 0.3% |
| 89th | Croatia | 37.84% | -6.9% |
| 90th | Finland | 37.93% | -5.4% |
| 91st | Portugal | 39.31% | -7.4% |
| 92nd | Bulgaria | 39.32% | 4.3% |
| 93rd | European Union | 39.34% | -4.2% |
| 94th | Netherlands | 39.37% | -5.8% |
| 95th | Belgium | 39.74% | -4.0% |
| 96th | Slovak Republic | 39.77% | -6.2% |
| 97th | Tonga | 39.96% | 11.0% |
| 98th | Lesotho | 40.23% | 5.6% |
| 99th | United Kingdom | 40.65% | -5.3% |
| 100th | Luxembourg | 40.90% | 4.8% |
| 101st | Hungary | 42.42% | 0.4% |
| 102nd | Slovenia | 43.55% | -6.6% |
| 103rd | San Marino | 44.64% | 1.3% |
| 104th | Austria | 47.36% | -5.3% |
| 105th | Italy | 48.37% | -2.6% |
| 106th | France | 48.86% | -2.3% |
| 107th | Macao SAR, China | 49.17% | 54.8% |
| 108th | Greece | 50.80% | -7.4% |
| 109th | Timor-Leste | 52.49% | 27.4% |
| 110th | Ukraine | 57.89% | 74.1% |
| 111th | Kiribati | 81.88% | -2.7% |
FAQ
What was Iceland's government spending in 2022?▾
Iceland's government spending in 2022 was 32.57%. This ranked 72nd globally.
How did Iceland's government spending change in 2022?▾
Iceland's government spending decreased by 6.1% in 2022 compared to 2021.
Which country had the highest government spending in 2022?▾
Kiribati had the highest government spending in 2022 at 81.88%.
What is the government spending of Iceland in 2022?▾
The government spending of Iceland in 2022 was 32.57%. This ranked 72nd globally.
How does 2022 compare to 2021 for Iceland's government spending?▾
Iceland's government spending went from 34.67% in 2021 to 32.57% in 2022, a 6.1% decrease.
Related
2021
2023
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Full ranking 2022
Tax Revenue
Military Spending
Health Spending
Government Debt to GDP
Budget Deficit
Peak: 2008
Lowest: 1977
Government Spending 1990s
Government Spending 2000s
Government Spending 2010s
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