Denmark vs Iceland: Gross operating balance, Transactions
Gross operating balance, Transactions over time
- Denmark
- Iceland
How they compare
Denmark currently reports 190.62 billion against 60.96 billion in Iceland, a difference of 129.67 billion.
That makes Denmark's figure about 3.1 times Iceland's.
The two have swapped places 4 times across 24 shared years of data; in 2002 it was Denmark ahead.
Denmark ranks 5th and Iceland ranks 7th of 35 countries.
Across the 3 decades both report, Denmark averaged higher in 2 and Iceland in 1.
Head to head by decade
| Decade | Denmark | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 82.99 billion | 33.00 billion | 49.99 billion | Denmark |
| 2010s | 70.27 billion | 81.28 billion | 11.01 billion | Iceland |
| 2020s | 173.70 billion | -16.59 billion | 190.29 billion | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross operating balance, transactions, Denmark or Iceland?
- Denmark, at 190.62 billion against 60.96 billion in Iceland as of 2025.
- What is the difference in gross operating balance, transactions between Denmark and Iceland?
- 129.67 billion, with Denmark ahead.
- How many years of comparable data are there for Denmark and Iceland?
- 24 years are reported by both, from 2002 to 2025.
- How do Denmark and Iceland rank globally for gross operating balance, transactions?
- Denmark ranks 5th and Iceland ranks 7th of 35 countries.
- Where does this data come from?
- International Monetary Fund, published as Gross operating balance, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.