Iceland vs Japan: Annual government non-financial accounts and key indicators

Iceland
217,189 National currency
in 2025
Japan
9.08 million National currency
in 2024
Iceland rank
4th
Japan rank
1st

Annual government non-financial accounts and key indicators over time

  • Iceland
  • Japan
02.5M5.0M7.5M10.0M12.5M199820112025

How they compare

Japan currently reports 9.08 million National currency against 217,189 National currency in Iceland, a difference of 8.87 million National currency.

That makes Japan's figure about 41.8 times Iceland's.

Across all 20 years both countries report, Japan has been ahead every year.

Iceland ranks 4th and Japan ranks 1st of 19 countries.

Japan has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Japan Difference Ahead
2000s 129,864 National currency 11.97 million National currency 11.84 million National currency Japan
2010s 154,896 National currency 10.75 million National currency 10.59 million National currency Japan
2020s 193,483 National currency 8.69 million National currency 8.49 million National currency Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual government non-financial accounts and key indicators, Iceland or Japan?
Japan, at 9.08 million National currency against 217,189 National currency in Iceland as of 2024.
What is the difference in annual government non-financial accounts and key indicators between Iceland and Japan?
8.87 million National currency, with Japan ahead.
How many years of comparable data are there for Iceland and Japan?
20 years are reported by both, from 2005 to 2024.
How do Iceland and Japan rank globally for annual government non-financial accounts and key indicators?
Iceland ranks 4th and Japan ranks 1st of 19 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual government non-financial accounts and key indicators (Expenditure) — Interest before FISIM allocation. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Japan: Annual government non-financial accounts and key indicators. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 09 September 2026, from https://public-sector.statizoid.com/compare/annual-government-non-financial-accounts-and-key-indicators-expenditure-interest-before/iceland/japan/

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About this data

Indicator
Annual government non-financial accounts and key indicators (Expenditure) — Interest before FISIM allocation
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
25 places, 771 data points, 1975–2025
Last refreshed

This table presents the full sequence of non-financial accounts for the General Government sector and its sub-sectors from the production account to the capital account. It shows the Expenditure (or Uses) side of the accounts, not including the balancing items, and is designed to be used in conjunction with the tables entitled ‘Annual government non-financial accounts and key indicators (Revenues)’ and ‘Annual government non-financial accounts and key indicators (Balancing items)’. 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 in order to view the full sequence of non-financial accounts. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare this item for combinations of sectors, countries and time periods. It is also possible to select the government sub-sectors – central, local and state (regional) government and social security funds – using the ‘Institutional sector’ filter.These indicators were presented in the previous dissemination system in the SNA_TABLE12 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