Iceland vs United Kingdom: NAAG Chapter 6A: Government expenditure by function — Expenditure by
NAAG Chapter 6A: Government expenditure by function — Expenditure by over time
- Iceland
- United Kingdom
How they compare
Iceland currently reports 47.14 Percentage of GDP against 46.04 Percentage of GDP in United Kingdom, a difference of 1.1 Percentage of GDP.
The two have swapped places 4 times across 27 shared years of data; in 1998 it was Iceland ahead.
Iceland ranks 11th and United Kingdom ranks 14th of 26 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 42.58 Percentage of GDP | 35.05 Percentage of GDP | 7.53 Percentage of GDP | Iceland |
| 2000s | 47.88 Percentage of GDP | 40.07 Percentage of GDP | 7.8 Percentage of GDP | Iceland |
| 2010s | 45.54 Percentage of GDP | 43 Percentage of GDP | 2.55 Percentage of GDP | Iceland |
| 2020s | 47.51 Percentage of GDP | 47.46 Percentage of GDP | 0.0566 Percentage of GDP | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher naag chapter 6a: government expenditure by function — expenditure by, Iceland or United Kingdom?
- Iceland, at 47.14 Percentage of GDP against 46.04 Percentage of GDP in United Kingdom as of 2024.
- What is the difference in naag chapter 6a: government expenditure by function — expenditure by between Iceland and United Kingdom?
- 1.1 Percentage of GDP, with Iceland ahead.
- How many years of comparable data are there for Iceland and United Kingdom?
- 27 years are reported by both, from 1998 to 2024.
- How do Iceland and United Kingdom rank globally for naag chapter 6a: government expenditure by function — expenditure by?
- Iceland ranks 11th and United Kingdom ranks 14th of 26 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as NAAG Chapter 6A: Government expenditure by function — Expenditure by function of general government. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.