Iceland vs North Macedonia: Transfer dependency method 1, Ratio of net transfers to own spending

Iceland
-0.573
in 2020
North Macedonia
-0.5494
in 2020
Iceland rank
48th
North Macedonia rank
47th

Transfer dependency method 1, Ratio of net transfers to own spending over time

  • Iceland
  • North Macedonia
-0.6-0.4-0.2-0199020052020

How they compare

North Macedonia currently reports -0.5494 against -0.573 in Iceland, a difference of 0.0236.

The two have swapped places 2 times across 11 shared years of data; in 2005 it was North Macedonia ahead.

Iceland ranks 48th and North Macedonia ranks 47th of 64 countries.

Across the 3 decades both report, Iceland averaged higher in 1 and North Macedonia in 2.

Head to head by decade

Decade Iceland North Macedonia Difference Ahead
2000s -0.3481 -0.2843 0.0637 North Macedonia
2010s -0.3963 -0.5591 0.1628 Iceland
2020s -0.573 -0.5494 0.0236 North Macedonia

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 North Macedonia?
North Macedonia, at -0.5494 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 North Macedonia?
0.0236, with North Macedonia ahead.
How many years of comparable data are there for Iceland and North Macedonia?
11 years are reported by both, from 2005 to 2020.
How do Iceland and North Macedonia rank globally for transfer dependency method 1, ratio of net transfers to own spending?
Iceland ranks 48th and North Macedonia ranks 47th 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.

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Iceland vs North Macedonia: Transfer dependency method 1, Ratio of net transfers to own spending. Statizoid, drawing on International Monetary Fund. Retrieved 08 September 2026, from https://public-sector.statizoid.com/compare/transfer-dependency-method-1-ratio-of-net-transfers-to-own-spending-percent-central/iceland/north-macedonia/

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About this data

Indicator
Transfer dependency method 1, Ratio of net transfers to own spending, Percent (Central government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
64 places, 1,123 data points, 1989–2020
Last refreshed

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.