Iceland vs Ireland: Gross operating balance, Transactions

Iceland
60.96 billion
in 2025
Ireland
28.50 billion
in 2025
Iceland rank
7th
Ireland rank
8th

Gross operating balance, Transactions over time

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

How they compare

Iceland currently reports 60.96 billion against 28.50 billion in Ireland, a difference of 32.46 billion.

That makes Iceland's figure about 2.1 times Ireland's.

The two have swapped places 6 times across 24 shared years of data; in 2002 it was Iceland ahead.

Iceland ranks 7th and Ireland ranks 8th of 35 countries.

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

Head to head by decade

Decade Iceland Ireland Difference Ahead
2000s 33.00 billion 3.62 billion 29.38 billion Iceland
2010s 81.28 billion -6.49 billion 87.76 billion Iceland
2020s -16.59 billion 16.28 billion 32.87 billion Ireland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross operating balance, transactions, Iceland or Ireland?
Iceland, at 60.96 billion against 28.50 billion in Ireland as of 2025.
What is the difference in gross operating balance, transactions between Iceland and Ireland?
32.46 billion, with Iceland ahead.
How many years of comparable data are there for Iceland and Ireland?
24 years are reported by both, from 2002 to 2025.
How do Iceland and Ireland rank globally for gross operating balance, transactions?
Iceland ranks 7th and Ireland ranks 8th 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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Iceland vs Ireland: Gross operating balance, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 02 September 2026, from https://public-sector.statizoid.com/compare/gross-operating-balance-transactions-statement-of-operations-general-government/iceland/ireland/

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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.