Iceland vs South Korea: Use of goods and services, Ratio of this level of government's
Use of goods and services, Ratio of this level of government's over time
- Iceland
- South Korea
How they compare
South Korea currently reports 0.4876 against 0.4429 in Iceland, a difference of 0.0447.
That makes South Korea's figure about 1.1 times Iceland's.
Across all 9 years both countries report, South Korea has been ahead every year.
Iceland ranks 53rd and South Korea ranks 51st of 79 countries.
South Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0.4589 | 0.5384 | 0.0795 | South Korea |
| 2020s | 0.4429 | 0.4876 | 0.0447 | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher use of goods and services, ratio of this level of government's, Iceland or South Korea?
- South Korea, at 0.4876 against 0.4429 in Iceland as of 2020.
- What is the difference in use of goods and services, ratio of this level of government's between Iceland and South Korea?
- 0.0447, 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 use of goods and services, ratio of this level of government's?
- Iceland ranks 53rd and South Korea ranks 51st of 79 countries.
- Where does this data come from?
- International Monetary Fund, published as Use of goods and services, 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.