Iceland vs Romania: Subsidies and other transfers

Iceland
411.61 billion current LCU
in 2023
Romania
382.53 billion current LCU
in 2024
Iceland rank
59th
Romania rank
60th

Subsidies and other transfers over time

  • Iceland
  • Romania
0100.0B200.0B300.0B400.0B199020072024

How they compare

Iceland currently reports 411.61 billion current LCU against 382.53 billion current LCU in Romania, a difference of 29.09 billion current LCU.

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

Across all 34 years both countries report, Iceland has been ahead every year.

Iceland ranks 59th and Romania ranks 60th of 153 countries.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Romania Difference Ahead
1990s 43.02 billion current LCU 1.98 billion current LCU 41.04 billion current LCU Iceland
2000s 93.61 billion current LCU 51.83 billion current LCU 41.78 billion current LCU Iceland
2010s 203.88 billion current LCU 142.83 billion current LCU 61.06 billion current LCU Iceland
2020s 394.08 billion current LCU 277.69 billion current LCU 116.39 billion current LCU Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher subsidies and other transfers, Iceland or Romania?
Iceland, at 411.61 billion current LCU against 382.53 billion current LCU in Romania as of 2023.
What is the difference in subsidies and other transfers between Iceland and Romania?
29.09 billion current LCU, with Iceland ahead.
How many years of comparable data are there for Iceland and Romania?
34 years are reported by both, from 1990 to 2023.
How do Iceland and Romania rank globally for subsidies and other transfers?
Iceland ranks 59th and Romania ranks 60th 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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Iceland vs Romania: Subsidies and other transfers. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 24 August 2026, from https://public-sector.statizoid.com/compare/subsidies-and-other-transfers-current-lcu/iceland/romania/

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About this data

Indicator
Subsidies and other transfers (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 3,810 data points, 1970–2024
Last refreshed

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.