Iceland vs Spain: Net operating balance, Transactions

Iceland
-76.07 billion
in 2025
Spain
-30.51 billion
in 2025
Iceland rank
26th
Spain rank
23rd

Net operating balance, Transactions over time

  • Iceland
  • Spain
-200.0B0200.0B400.0B199920122025

How they compare

Spain currently reports -30.51 billion against -76.07 billion in Iceland, a difference of 45.56 billion.

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

Iceland ranks 26th and Spain ranks 23rd of 35 countries.

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

Head to head by decade

Decade Iceland Spain Difference Ahead
2000s -5.70 billion 7.44 billion 13.14 billion Spain
2010s 10.80 billion -64.39 billion 75.19 billion Iceland
2020s -130.56 billion -60.72 billion 69.84 billion Spain

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net operating balance, transactions, Iceland or Spain?
Spain, at -30.51 billion against -76.07 billion in Iceland as of 2025.
What is the difference in net operating balance, transactions between Iceland and Spain?
45.56 billion, with Spain ahead.
How many years of comparable data are there for Iceland and Spain?
24 years are reported by both, from 2002 to 2025.
How do Iceland and Spain rank globally for net operating balance, transactions?
Iceland ranks 26th and Spain ranks 23rd of 35 countries.
Where does this data come from?
International Monetary Fund, published as Net 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 Spain: Net operating balance, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 26 August 2026, from https://public-sector.statizoid.com/compare/net-operating-balance-transactions-statement-of-operations-general-government/iceland/spain/

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About this data

Indicator
Net 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.