Germany vs Iceland: Annual government expenditure by function (COFOG) — Gross capital
Annual government expenditure by function (COFOG) — Gross capital over time
- Germany
- Iceland
How they compare
Iceland currently reports 186,101 National currency against 131,382 National currency in Germany, a difference of 54,719 National currency.
That makes Iceland's figure about 1.4 times Germany's.
The two have swapped places 5 times across 27 shared years of data; in 1998 it was Germany ahead.
Germany ranks 12th and Iceland ranks 10th of 28 countries.
Across the 4 decades both report, Germany averaged higher in 2 and Iceland in 2.
Head to head by decade
| Decade | Germany | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 50,307 National currency | 32,331 National currency | 17,976 National currency | Germany |
| 2000s | 55,225 National currency | 49,330 National currency | 5,895 National currency | Germany |
| 2010s | 74,819 National currency | 75,224 National currency | 404.64 National currency | Iceland |
| 2020s | 114,765 National currency | 157,891 National currency | 43,127 National currency | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher annual government expenditure by function (cofog) — gross capital, Germany or Iceland?
- Iceland, at 186,101 National currency against 131,382 National currency in Germany as of 2024.
- What is the difference in annual government expenditure by function (cofog) — gross capital between Germany and Iceland?
- 54,719 National currency, with Iceland ahead.
- How many years of comparable data are there for Germany and Iceland?
- 27 years are reported by both, from 1998 to 2024.
- How do Germany and Iceland rank globally for annual government expenditure by function (cofog) — gross capital?
- Germany ranks 12th and Iceland ranks 10th of 28 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org