Iceland vs Spain: Subsidies and other transfers
Subsidies and other transfers over time
- Iceland
- Spain
How they compare
Spain currently reports 441.11 billion current LCU against 411.61 billion current LCU in Iceland, a difference of 29.50 billion current LCU.
That makes Spain's figure about 1.1 times Iceland's.
The two have swapped places 3 times across 34 shared years of data; in 1990 it was Spain ahead.
Iceland ranks 59th and Spain ranks 56th of 153 countries.
Across the 4 decades both report, Iceland averaged higher in 1 and Spain in 3.
Head to head by decade
| Decade | Iceland | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 43.02 billion current LCU | 96.04 billion current LCU | 53.02 billion current LCU | Spain |
| 2000s | 93.61 billion current LCU | 195.42 billion current LCU | 101.81 billion current LCU | Spain |
| 2010s | 203.88 billion current LCU | 283.39 billion current LCU | 79.51 billion current LCU | Spain |
| 2020s | 394.08 billion current LCU | 389.92 billion current LCU | 4.17 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 Spain?
- Spain, at 441.11 billion current LCU against 411.61 billion current LCU in Iceland as of 2024.
- What is the difference in subsidies and other transfers between Iceland and Spain?
- 29.50 billion current LCU, with Spain ahead.
- How many years of comparable data are there for Iceland and Spain?
- 34 years are reported by both, from 1990 to 2023.
- How do Iceland and Spain rank globally for subsidies and other transfers?
- Iceland ranks 59th and Spain ranks 56th 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.
Individual pages
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.