Iceland vs Luxembourg: Subsidies, payable, Ratio of this level of government's expenditure
Subsidies, payable, Ratio of this level of government's expenditure over time
- Iceland
- Luxembourg
How they compare
Iceland currently reports 0.9772 against 0.9706 in Luxembourg, a difference of 0.0066.
The two have swapped places 3 times across 23 shared years of data; in 1998 it was Luxembourg ahead.
Iceland ranks 20th and Luxembourg ranks 22nd of 75 countries.
Across the 4 decades both report, Iceland averaged higher in 1 and Luxembourg in 3.
Head to head by decade
| Decade | Iceland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.8504 | 0.9536 | 0.1032 | Luxembourg |
| 2000s | 0.9009 | 0.971 | 0.0701 | Luxembourg |
| 2010s | 0.9523 | 0.9615 | 0.0092 | Luxembourg |
| 2020s | 0.9772 | 0.9706 | 0.0066 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies, payable, ratio of this level of government's expenditure, Iceland or Luxembourg?
- Iceland, at 0.9772 against 0.9706 in Luxembourg as of 2020.
- What is the difference in subsidies, payable, ratio of this level of government's expenditure between Iceland and Luxembourg?
- 0.0066, with Iceland ahead.
- How many years of comparable data are there for Iceland and Luxembourg?
- 23 years are reported by both, from 1998 to 2020.
- How do Iceland and Luxembourg rank globally for subsidies, payable, ratio of this level of government's expenditure?
- Iceland ranks 20th and Luxembourg ranks 22nd of 75 countries.
- Where does this data come from?
- International Monetary Fund, published as Subsidies, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.