Germany vs Iceland: Deficit, Percent of own spending

Germany
-0.3823
in 2020
Iceland
-0.3384
in 2020
Germany rank
46th
Iceland rank
43rd

Deficit, Percent of own spending over time

  • Germany
  • Iceland
-0.4-0.2-00.20.4199020052020

How they compare

Iceland currently reports -0.3384 against -0.3823 in Germany, a difference of 0.0439.

The two have swapped places 6 times across 30 shared years of data; in 1991 it was Iceland ahead.

Germany ranks 46th and Iceland ranks 43rd of 66 countries.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Germany Iceland Difference Ahead
1990s -0.2383 0.0897 0.328 Iceland
2000s -0.1739 0.0087 0.1826 Iceland
2010s -0.0114 0.0067 0.0181 Iceland
2020s -0.3823 -0.3384 0.044 Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher deficit, percent of own spending, Germany or Iceland?
Iceland, at -0.3384 against -0.3823 in Germany as of 2020.
What is the difference in deficit, percent of own spending between Germany and Iceland?
0.0439, with Iceland ahead.
How many years of comparable data are there for Germany and Iceland?
30 years are reported by both, from 1991 to 2020.
How do Germany and Iceland rank globally for deficit, percent of own spending?
Germany ranks 46th and Iceland ranks 43rd of 66 countries.
Where does this data come from?
International Monetary Fund, published as Deficit, Percent of own spending (Central government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Germany vs Iceland: Deficit, Percent of own spending. Statizoid, drawing on International Monetary Fund. Retrieved 05 September 2026, from https://public-sector.statizoid.com/compare/deficit-percent-of-own-spending-central-government/germany/iceland/

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About this data

Indicator
Deficit, Percent of own spending (Central government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
66 places, 1,155 data points, 1989–2020
Last refreshed

The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.