Canada vs Iceland: Expenditure, General government, Percent of GDP

Canada
43.18
in 2030
Iceland
42.84
in 2030
Canada rank
37th
Iceland rank
38th

Expenditure, General government, Percent of GDP over time

  • Canada
  • Iceland
0204060199120102030

How they compare

Canada currently reports 43.18 against 42.84 in Iceland, a difference of 0.34.

The two have swapped places 4 times across 40 shared years of data; in 1991 it was Canada ahead.

Canada ranks 37th and Iceland ranks 38th of 195 countries.

Across the 5 decades both report, Canada averaged higher in 2 and Iceland in 3.

Head to head by decade

Decade Canada Iceland Difference Ahead
1990s 47.41 43.58 3.83 Canada
2000s 39.94 47.84 7.9 Iceland
2010s 40.64 45.51 4.87 Iceland
2020s 44.58 45.33 0.7503 Iceland
2030s 43.18 42.84 0.3355 Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expenditure, general government, percent of gdp, Canada or Iceland?
Canada, at 43.18 against 42.84 in Iceland as of 2030.
What is the difference in expenditure, general government, percent of gdp between Canada and Iceland?
0.34, with Canada ahead.
How many years of comparable data are there for Canada and Iceland?
40 years are reported by both, from 1991 to 2030.
How do Canada and Iceland rank globally for expenditure, general government, percent of gdp?
Canada ranks 37th and Iceland ranks 38th of 195 countries.
Where does this data come from?
International Monetary Fund, published as Expenditure, General government, Percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Iceland: Expenditure, General government, Percent of GDP. Statizoid, drawing on International Monetary Fund. Retrieved 06 September 2026, from https://public-sector.statizoid.com/compare/expenditure-general-government-percent-of-gdp/canada/iceland/

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About this data

Indicator
Expenditure, General government, Percent of GDP
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
213 places, 7,647 data points, 1991–2030
Last refreshed

Fiscal Monitor (FM) 2025 October