Size of public procurement - government at a glance indicators, 2025 in Iceland
Iceland: Size of public procurement - government at a glance indicators, 2025 was 15.61 Percentage of GDP in 2024. ▬ Flat
Size of public procurement - government at a glance indicators, 2025 in Iceland, 2007–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for size of public procurement - government at a glance indicators, 2025 in Iceland is 15.61 Percentage of GDP, measured in 2024.
Compared with earlier readings it is up 1.7% on the previous year and up 9.5% over ten years.
Over the whole period, size of public procurement - government at a glance indicators, 2025 in Iceland peaked at 16.45 Percentage of GDP in 2008 and was at its lowest, 12.97 Percentage of GDP, in 2016.
That places Iceland 10th out of 34 countries with data for 2024, putting it in the middle of the range.
Size of public procurement - government at a glance indicators, 2025 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 | 14.45 Percentage of GDP | -3.0% |
| 2020 | 15.73 Percentage of GDP | +8.9% |
| 2021 | 16.33 Percentage of GDP | +3.8% |
| 2022 | 15.41 Percentage of GDP | -5.6% |
| 2023 | 15.35 Percentage of GDP | -0.4% |
| 2024 | 15.61 Percentage of GDP | +1.7% |
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 | 15.69 Percentage of GDP | 15.35 Percentage of GDP | 16.33 Percentage of GDP | 5 |
Countries ranked near Iceland
- 7 France 16.19 Percentage of GDP compare
- 8 Austria 15.7 Percentage of GDP compare
- 8 Lithuania 10.98 Percentage of GDP compare
- 9 Israel 15.64 Percentage of GDP compare
- 9 Türkiye 10.8 Percentage of GDP compare
- 11 Belgium 15.35 Percentage of GDP compare
- 12 Brazil 15.06 Percentage of GDP compare
- 13 Norway 14.93 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, 2025 in Iceland?
- Size of public procurement - government at a glance indicators, 2025 in Iceland was 15.61 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest size of public procurement - government at a glance indicators, 2025 recorded in Iceland?
- The highest recorded value was 16.45 Percentage of GDP in 2008.
- What is the lowest size of public procurement - government at a glance indicators, 2025 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, 2025?
- Iceland ranks 10th out of 34 countries with data for 2024.
- Is size of public procurement - government at a glance indicators, 2025 rising or falling in Iceland?
- Over the last ten years it is up 9.5%. 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, 2025 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 2025 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. With a growing emphasis on governance outcomes, this ninth edition presents the latest evidence on public governance tools and resources that can help public administrations address complex, long-term challenges, while allowing progress to be monitored over time. The Structure and indicators section of the Government at a Glance publication, describes its framework and the structure by chapters. The 2025 edition of Government at a Glance presents a structure around three broad categories: 1) Trust, security and dignity; prosperity and satisfaction with public services; 2) Achieving results with good governance practices 3) What resources public institutions use and how are they managed. Further information on Government at a Glance 2025 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