Iceland vs United Kingdom: Social benefits, Transactions (Statement of operations, General)
Social benefits, Transactions (Statement of operations, General) over time
- Iceland
- United Kingdom
How they compare
United Kingdom currently reports 432.50 billion against 358.57 billion in Iceland, a difference of 73.93 billion.
That makes United Kingdom's figure about 1.2 times Iceland's.
Across all 24 years both countries report, United Kingdom has been ahead every year.
Iceland ranks 15th and United Kingdom ranks 14th of 35 countries.
United Kingdom has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 73.97 billion | 183.51 billion | 109.54 billion | United Kingdom |
| 2010s | 153.84 billion | 264.69 billion | 110.85 billion | United Kingdom |
| 2020s | 310.94 billion | 367.45 billion | 56.50 billion | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social benefits, transactions, Iceland or United Kingdom?
- United Kingdom, at 432.50 billion against 358.57 billion in Iceland as of 2025.
- What is the difference in social benefits, transactions between Iceland and United Kingdom?
- 73.93 billion, with United Kingdom ahead.
- How many years of comparable data are there for Iceland and United Kingdom?
- 24 years are reported by both, from 2002 to 2025.
- How do Iceland and United Kingdom rank globally for social benefits, transactions?
- Iceland ranks 15th and United Kingdom ranks 14th 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.