Germany vs Iceland: Gross operating balance, Transactions

Germany
25.06 billion
in 2025
Iceland
60.96 billion
in 2025
Germany rank
9th
Iceland rank
7th

Gross operating balance, Transactions over time

  • Germany
  • Iceland
-200.0B0200.0B400.0B200220132025

How they compare

Iceland currently reports 60.96 billion against 25.06 billion in Germany, a difference of 35.89 billion.

That makes Iceland's figure about 2.4 times Germany's.

The two have swapped places 4 times across 24 shared years of data; in 2002 it was Iceland ahead.

Germany ranks 9th and Iceland ranks 7th of 35 countries.

Across the 3 decades both report, Germany averaged higher in 2 and Iceland in 1.

Head to head by decade

Decade Germany Iceland Difference Ahead
2000s -1.86 billion 33.00 billion 34.86 billion Iceland
2010s 85.40 billion 81.28 billion 4.12 billion Germany
2020s 5.74 billion -16.59 billion 22.33 billion Germany

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross operating balance, transactions, Germany or Iceland?
Iceland, at 60.96 billion against 25.06 billion in Germany as of 2025.
What is the difference in gross operating balance, transactions between Germany and Iceland?
35.89 billion, with Iceland ahead.
How many years of comparable data are there for Germany and Iceland?
24 years are reported by both, from 2002 to 2025.
How do Germany and Iceland rank globally for gross operating balance, transactions?
Germany ranks 9th 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.

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Germany vs Iceland: Gross operating balance, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 29 August 2026, from https://public-sector.statizoid.com/compare/gross-operating-balance-transactions-statement-of-operations-general-government/germany/iceland/

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About this data

Indicator
Gross operating balance, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
35 places, 879 data points, 1990–2025
Last refreshed

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.