Denmark vs Iceland: Annual government deficit/surplus, revenue, expenditure and main

Denmark
513,656 Domestic currency (incl. conversion to current currency made using a fixed parit
in 2025
Iceland
846,616 Domestic currency (incl. conversion to current currency made using a fixed parit
in 2025
Denmark rank
15th
Iceland rank
13th

Annual government deficit/surplus, revenue, expenditure and main over time

  • Denmark
  • Iceland
200.0k400.0k600.0k800.0k199520102025

How they compare

Iceland currently reports 846,616 Domestic currency (incl. conversion to current currency made using a fixed parit against 513,656 Domestic currency (incl. conversion to current currency made using a fixed parit in Denmark, a difference of 332,960 Domestic currency (incl. conversion to current currency made using a fixed parit.

That makes Iceland's figure about 1.6 times Denmark's.

The two have swapped places 1 time across 28 shared years of data; in 1998 it was Denmark ahead.

Denmark ranks 15th and Iceland ranks 13th of 30 countries.

Across the 4 decades both report, Denmark averaged higher in 2 and Iceland in 2.

Head to head by decade

Decade Denmark Iceland Difference Ahead
1990s 231,811 Domestic currency (incl. conversion to current currency made using a fixed parit 107,958 Domestic currency (incl. conversion to current currency made using a fixed parit 123,853 Domestic currency (incl. conversion to current currency made using a fixed parit Denmark
2000s 293,510 Domestic currency (incl. conversion to current currency made using a fixed parit 192,644 Domestic currency (incl. conversion to current currency made using a fixed parit 100,865 Domestic currency (incl. conversion to current currency made using a fixed parit Denmark
2010s 380,324 Domestic currency (incl. conversion to current currency made using a fixed parit 380,508 Domestic currency (incl. conversion to current currency made using a fixed parit 184.1 Domestic currency (incl. conversion to current currency made using a fixed parit Iceland
2020s 460,847 Domestic currency (incl. conversion to current currency made using a fixed parit 699,418 Domestic currency (incl. conversion to current currency made using a fixed parit 238,571 Domestic currency (incl. conversion to current currency made using a fixed parit Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual government deficit/surplus, revenue, expenditure and main, Denmark or Iceland?
Iceland, at 846,616 Domestic currency (incl. conversion to current currency made using a fixed parit against 513,656 Domestic currency (incl. conversion to current currency made using a fixed parit in Denmark as of 2025.
What is the difference in annual government deficit/surplus, revenue, expenditure and main between Denmark and Iceland?
332,960 Domestic currency (incl. conversion to current currency made using a fixed parit, with Iceland ahead.
How many years of comparable data are there for Denmark and Iceland?
28 years are reported by both, from 1998 to 2025.
How do Denmark and Iceland rank globally for annual government deficit/surplus, revenue, expenditure and main?
Denmark ranks 15th and Iceland ranks 13th of 30 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual government deficit/surplus, revenue, expenditure and main aggregates IDC. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Iceland: Annual government deficit/surplus, revenue, expenditure and main. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 09 September 2026, from https://public-sector.statizoid.com/compare/annual-government-deficit-surplus-revenue-expenditure-and-main-aggregates-idc/denmark/iceland/

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About this data

Indicator
Annual government deficit/surplus, revenue, expenditure and main aggregates IDC
Unit
Domestic currency (incl. conversion to current currency made using a fixed parit
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,190 data points, 1970–2025
Last refreshed