Iceland vs Mongolia: Economic affairs, Ratio of this level of government's expenditure on
Economic affairs, Ratio of this level of government's expenditure on over time
- Iceland
- Mongolia
How they compare
Mongolia currently reports 0.8087 against 0.8045 in Iceland, a difference of 0.0042.
Across all 12 years both countries report, Mongolia has been ahead every year.
Iceland ranks 32nd and Mongolia ranks 30th of 60 countries.
Mongolia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.7804 | 1 | 0.2196 | Mongolia |
| 2000s | 0.7949 | 0.9803 | 0.1854 | Mongolia |
| 2010s | 0.7966 | 0.9685 | 0.172 | Mongolia |
| 2020s | 0.8045 | 0.8087 | 0.0042 | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic affairs, ratio of this level of government's expenditure on, Iceland or Mongolia?
- Mongolia, at 0.8087 against 0.8045 in Iceland as of 2020.
- What is the difference in economic affairs, ratio of this level of government's expenditure on between Iceland and Mongolia?
- 0.0042, with Mongolia ahead.
- How many years of comparable data are there for Iceland and Mongolia?
- 12 years are reported by both, from 1998 to 2020.
- How do Iceland and Mongolia rank globally for economic affairs, ratio of this level of government's expenditure on?
- Iceland ranks 32nd and Mongolia ranks 30th of 60 countries.
- Where does this data come from?
- International Monetary Fund, published as Economic affairs, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.