Iceland vs South Korea: Transfer dependency method 1, Ratio of net transfers to own spending
Transfer dependency method 1, Ratio of net transfers to own spending over time
- Iceland
- South Korea
How they compare
South Korea currently reports -0.4899 against -0.573 in Iceland, a difference of 0.0831.
The two have swapped places 1 time across 9 shared years of data; in 2012 it was Iceland ahead.
Iceland ranks 48th and South Korea ranks 45th of 64 countries.
Across the 2 decades both report, Iceland averaged higher in 1 and South Korea in 1.
Head to head by decade
| Decade | Iceland | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -0.39 | -0.4328 | 0.0428 | Iceland |
| 2020s | -0.573 | -0.4899 | 0.0831 | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher transfer dependency method 1, ratio of net transfers to own spending, Iceland or South Korea?
- South Korea, at -0.4899 against -0.573 in Iceland as of 2020.
- What is the difference in transfer dependency method 1, ratio of net transfers to own spending between Iceland and South Korea?
- 0.0831, with South Korea ahead.
- How many years of comparable data are there for Iceland and South Korea?
- 9 years are reported by both, from 2012 to 2020.
- How do Iceland and South Korea rank globally for transfer dependency method 1, ratio of net transfers to own spending?
- Iceland ranks 48th and South Korea ranks 45th of 64 countries.
- Where does this data come from?
- International Monetary Fund, published as Transfer dependency method 1, Ratio of net transfers to own spending, 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.