Germany vs Iceland: Annual government expenditure by function (COFOG) — Gross fixed

Germany
132,292 National currency
in 2024
Iceland
182,288 National currency
in 2024
Germany rank
9th
Iceland rank
8th

Annual government expenditure by function (COFOG) — Gross fixed over time

  • Germany
  • Iceland
50.0k100.0k150.0k200.0k199520092024

How they compare

Iceland currently reports 182,288 National currency against 132,292 National currency in Germany, a difference of 49,996 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 9th and Iceland ranks 8th of 27 countries.

Across the 4 decades both report, Germany averaged higher in 3 and Iceland in 1.

Head to head by decade

Decade Germany Iceland Difference Ahead
1990s 52,064 National currency 32,331 National currency 19,732 National currency Germany
2000s 56,826 National currency 49,205 National currency 7,620 National currency Germany
2010s 76,908 National currency 73,809 National currency 3,099 National currency Germany
2020s 115,746 National currency 155,214 National currency 39,469 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 fixed, Germany or Iceland?
Iceland, at 182,288 National currency against 132,292 National currency in Germany as of 2024.
What is the difference in annual government expenditure by function (cofog) — gross fixed between Germany and Iceland?
49,996 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 fixed?
Germany ranks 9th and Iceland ranks 8th of 27 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual government expenditure by function (COFOG) — Gross fixed capital formation. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Germany vs Iceland: Annual government expenditure by function (COFOG) — Gross fixed. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 25 August 2026, from https://public-sector.statizoid.com/compare/annual-government-expenditure-by-function-cofog-gross-fixed-capital-formation/germany/iceland/

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About this data

Indicator
Annual government expenditure by function (COFOG) — Gross fixed capital formation
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,116 data points, 1970–2025
Last refreshed

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