Iceland vs Spain: Social benefits, Transactions

Iceland
358.57 billion
in 2025
Spain
331.17 billion
in 2025
Iceland rank
15th
Spain rank
18th

Social benefits, Transactions over time

  • Iceland
  • Spain
100.0B200.0B300.0B400.0B199920122025

How they compare

Iceland currently reports 358.57 billion against 331.17 billion in Spain, a difference of 27.40 billion.

That makes Iceland's figure about 1.1 times Spain's.

The two have swapped places 1 time across 24 shared years of data; in 2002 it was Spain ahead.

Iceland ranks 15th and Spain ranks 18th 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 73.97 billion 137.99 billion 64.02 billion Spain
2010s 153.84 billion 203.68 billion 49.84 billion Spain
2020s 310.94 billion 287.82 billion 23.12 billion Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher social benefits, transactions, Iceland or Spain?
Iceland, at 358.57 billion against 331.17 billion in Spain as of 2025.
What is the difference in social benefits, transactions between Iceland and Spain?
27.40 billion, with Iceland 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 social benefits, transactions?
Iceland ranks 15th and Spain ranks 18th 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.

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Iceland vs Spain: Social benefits, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 01 September 2026, from https://public-sector.statizoid.com/compare/social-benefits-transactions-statement-of-operations-general-government/iceland/spain/

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About this data

Indicator
Social benefits, 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.