Belgium vs Iceland: Social contributions, Transactions
Social contributions, Transactions over time
- Belgium
- Iceland
How they compare
Iceland currently reports 153.86 billion against 97.51 billion in Belgium, a difference of 56.35 billion.
That makes Iceland's figure about 1.6 times Belgium's.
The two have swapped places 1 time across 24 shared years of data; in 2002 it was Belgium ahead.
Belgium ranks 19th and Iceland ranks 17th of 35 countries.
Across the 3 decades both report, Belgium averaged higher in 1 and Iceland in 2.
Head to head by decade
| Decade | Belgium | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 50.05 billion | 34.52 billion | 15.53 billion | Belgium |
| 2010s | 66.90 billion | 78.90 billion | 12.00 billion | Iceland |
| 2020s | 85.94 billion | 120.30 billion | 34.36 billion | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, transactions, Belgium or Iceland?
- Iceland, at 153.86 billion against 97.51 billion in Belgium as of 2025.
- What is the difference in social contributions, transactions between Belgium and Iceland?
- 56.35 billion, with Iceland ahead.
- How many years of comparable data are there for Belgium and Iceland?
- 24 years are reported by both, from 2002 to 2025.
- How do Belgium and Iceland rank globally for social contributions, transactions?
- Belgium ranks 19th and Iceland ranks 17th of 35 countries.
- Where does this data come from?
- International Monetary Fund, published as Social contributions, 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.