Size of public procurement - Government at a glance indicators, 2023 in Iceland
Iceland: Size of public procurement - Government at a glance indicators, 2023 was 15.51 Percentage of GDP in 2022. ▬ Flat
Size of public procurement - Government at a glance indicators, 2023 in Iceland, 2007–2022
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Iceland recorded 15.51 Percentage of GDP for size of public procurement - government at a glance indicators, 2023 in 2022.
The figure is down 6.0% on the previous year and up 7.8% over ten years.
Over the whole period, size of public procurement - government at a glance indicators, 2023 in Iceland peaked at 16.5 Percentage of GDP in 2021 and was at its lowest, 12.97 Percentage of GDP, in 2016.
That places Iceland 8th out of 34 countries with data for 2022, putting it in the top quarter.
Size of public procurement - Government at a glance indicators, 2023 in Iceland, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2007 | 15.86 Percentage of GDP | — |
| 2008 | 16.45 Percentage of GDP | +3.7% |
| 2009 | 15.94 Percentage of GDP | -3.1% |
| 2010 | 15.11 Percentage of GDP | -5.2% |
| 2011 | 16.06 Percentage of GDP | +6.3% |
| 2012 | 14.39 Percentage of GDP | -10.4% |
| 2013 | 14.64 Percentage of GDP | +1.7% |
| 2014 | 14.25 Percentage of GDP | -2.7% |
| 2015 | 13.49 Percentage of GDP | -5.3% |
| 2016 | 12.97 Percentage of GDP | -3.9% |
| 2017 | 13.58 Percentage of GDP | +4.7% |
| 2018 | 14.89 Percentage of GDP | +9.6% |
| 2019 | 14.46 Percentage of GDP | -2.9% |
| 2020 | 15.76 Percentage of GDP | +9.0% |
| 2021 | 16.5 Percentage of GDP | +4.7% |
| 2022 | 15.51 Percentage of GDP | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.08 Percentage of GDP | 15.86 Percentage of GDP | 16.45 Percentage of GDP | 3 |
| 2010s | 14.38 Percentage of GDP | 12.97 Percentage of GDP | 16.06 Percentage of GDP | 10 |
| 2020s | 15.92 Percentage of GDP | 15.51 Percentage of GDP | 16.5 Percentage of GDP | 3 |
Countries ranked near Iceland
- 5 New Zealand 17.24 Percentage of GDP compare
- 6 Latvia 12.49 Percentage of GDP compare
- 6 Sweden 16.16 Percentage of GDP compare
- 7 Poland 12.09 Percentage of GDP compare
- 7 Brazil 15.99 Percentage of GDP compare
- 8 Türkiye 10.8 Percentage of GDP compare
- 9 Israel 15.48 Percentage of GDP compare
- 9 Lithuania 9.26 Percentage of GDP compare
- 10 Belgium 15.32 Percentage of GDP compare
- 11 France 15.28 Percentage of GDP compare
More public sector data for Iceland
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Military expenditure (current USD), per square kilometre 0 current USD per square kilometre (2023)
- Tax revenue 23.2% (2023)
- Capital stock, General government, Current prices, Domestic currency 1,595 (2019)
- Taxes on income, profits and capital gains 34.6% (2023)
- Capital stock, General government, Constant prices, Percent of GDP 51.25 (2019)
- Capital stock, General government, Constant prices, Purchasing power 10.26 (2019)
- Taxes on goods and services 35.2% (2023)
Frequently asked questions
- What is size of public procurement - government at a glance indicators, 2023 in Iceland?
- Size of public procurement - government at a glance indicators, 2023 in Iceland was 15.51 Percentage of GDP in 2022, according to Organisation for Economic Co-operation and Development.
- What is the highest size of public procurement - government at a glance indicators, 2023 recorded in Iceland?
- The highest recorded value was 16.5 Percentage of GDP in 2021.
- What is the lowest size of public procurement - government at a glance indicators, 2023 recorded in Iceland?
- The lowest recorded value was 12.97 Percentage of GDP in 2016.
- How does Iceland rank for size of public procurement - government at a glance indicators, 2023?
- Iceland ranks 8th out of 34 countries with data for 2022.
- Is size of public procurement - government at a glance indicators, 2023 rising or falling in Iceland?
- Over the last ten years it is up 7.8%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Size of public procurement - Government at a glance indicators, 2023 edition — Government procurement spending. Statizoid updates them automatically from the source API.
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About this data
This dataset represents a selection of indicators as presented in the 2023 edition of the Government at a Glance publication related to the public procurement spending as estimated under the System of National Accounts (SNA). Government at a Glance provides a dashboard of indicators assembled to help decision makers and the public analyse and benchmark governments across OECD members and partner countries. This eighth edition provides internationally comparative data on a range of public governance, tools and practices to help identify both strengths and weaknesses in democratic governance. The Structure and indicators section of the Government at a Glance publication, describes its framework and the structure by chapters, as well as the changes compared to the previous 2021 edition.The 2023 edition presents a new structure around these three broad categories: 1) Trust and satisfaction with public services (trust in public institutions, satisfaction with public services); 2) Achieving results with good governance practices (governance of the policy cycle, regulatory governance, budgeting practices, managing public procurement, infrastructure planning and delivery, digital government and open government data); and 3) What resources public institutions use and how are they managed (public finance, public employment, managing human resources). Further information on Government at a Glance 2023 edition via a dedicated web platform, which includes a Government at a Glance Data dashboard (for a selection of indicators in an interactive format) as well as Country fact sheets (key data by country), can be found at: Government at a Glance website