Iceland vs United Kingdom of Great Britain and Northern Ireland: Expenditure, General government, Percent of GDP

Iceland
42.84
in 2030
United Kingdom of Great Britain and Northern Ireland
42.79
in 2030
Iceland rank
38th
United Kingdom of Great Britain and Northern Ireland rank
40th

Expenditure, General government, Percent of GDP over time

  • Iceland
  • United Kingdom of Great Britain and Northern Ireland
0204060199120102030

How they compare

Iceland currently reports 42.84 against 42.79 in United Kingdom of Great Britain and Northern Ireland, a difference of 0.05.

The two have swapped places 2 times across 40 shared years of data; in 1991 it was Iceland ahead.

Iceland ranks 38th and United Kingdom of Great Britain and Northern Ireland ranks 40th of 195 countries.

Iceland has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Iceland United Kingdom of Great Britain and Northern Ireland Difference Ahead
1990s 43.58 36.18 7.4 Iceland
2000s 47.84 38.09 9.75 Iceland
2010s 45.51 41.16 4.35 Iceland
2020s 45.33 44.63 0.6984 Iceland
2030s 42.84 42.79 0.056 Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expenditure, general government, percent of gdp, Iceland or United Kingdom of Great Britain and Northern Ireland?
Iceland, at 42.84 against 42.79 in United Kingdom of Great Britain and Northern Ireland as of 2030.
What is the difference in expenditure, general government, percent of gdp between Iceland and United Kingdom of Great Britain and Northern Ireland?
0.05, with Iceland ahead.
How many years of comparable data are there for Iceland and United Kingdom of Great Britain and Northern Ireland?
40 years are reported by both, from 1991 to 2030.
How do Iceland and United Kingdom of Great Britain and Northern Ireland rank globally for expenditure, general government, percent of gdp?
Iceland ranks 38th and United Kingdom of Great Britain and Northern Ireland ranks 40th 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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Iceland vs United Kingdom of Great Britain and Northern Ireland: Expenditure, General government, Percent of GDP. Statizoid, drawing on International Monetary Fund. Retrieved 13 September 2026, from https://public-sector.statizoid.com/compare/expenditure-general-government-percent-of-gdp/iceland/united-kingdom/

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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