Denmark vs Iceland: Social benefits, Transactions
Social benefits, Transactions over time
- Denmark
- Iceland
How they compare
Denmark currently reports 476.97 billion against 358.57 billion in Iceland, a difference of 118.40 billion.
That makes Denmark's figure about 1.3 times Iceland's.
Across all 24 years both countries report, Denmark has been ahead every year.
Denmark ranks 13th and Iceland ranks 15th of 35 countries.
Denmark has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Denmark | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 281.04 billion | 73.97 billion | 207.07 billion | Denmark |
| 2010s | 371.21 billion | 153.84 billion | 217.37 billion | Denmark |
| 2020s | 440.50 billion | 310.94 billion | 129.56 billion | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social benefits, transactions, Denmark or Iceland?
- Denmark, at 476.97 billion against 358.57 billion in Iceland as of 2025.
- What is the difference in social benefits, transactions between Denmark and Iceland?
- 118.40 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 social benefits, transactions?
- Denmark ranks 13th and Iceland ranks 15th of 35 countries.
- Where does this data come from?
- International Monetary Fund, published as Social benefits, 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.