Albania vs Iceland: Subsidies and other transfers
Subsidies and other transfers over time
- Albania
- Iceland
How they compare
Iceland currently reports 411.61 billion current LCU against 370.22 billion current LCU in Albania, a difference of 41.39 billion current LCU.
That makes Iceland's figure about 1.1 times Albania's.
The two have swapped places 2 times across 20 shared years of data; in 1995 it was Iceland ahead.
Albania ranks 61st and Iceland ranks 59th of 153 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Albania | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 44.81 billion current LCU | 45.65 billion current LCU | 843.25 million current LCU | Iceland |
| 2000s | 60.44 billion current LCU | 78.11 billion current LCU | 17.67 billion current LCU | Iceland |
| 2010s | 172.14 billion current LCU | 208.44 billion current LCU | 36.30 billion current LCU | Iceland |
| 2020s | 291.46 billion current LCU | 394.08 billion current LCU | 102.62 billion current LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Albania or Iceland?
- Iceland, at 411.61 billion current LCU against 370.22 billion current LCU in Albania as of 2023.
- What is the difference in subsidies and other transfers between Albania and Iceland?
- 41.39 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Albania and Iceland?
- 20 years are reported by both, from 1995 to 2023.
- How do Albania and Iceland rank globally for subsidies and other transfers?
- Albania ranks 61st and Iceland ranks 59th of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Subsidies and other transfers (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.