Iceland vs Lower-middle income countries (World Bank): Africa's Development Dynamics (AfDD) Table 16 - Public finances
Africa's Development Dynamics (AfDD) Table 16 - Public finances over time
- Iceland
- Lower-middle income countries (World Bank)
How they compare
Iceland currently reports 42.49 Percentage of GDP against 24.44 Percentage of GDP in Lower-middle income countries (World Bank), a difference of 18.05 Percentage of GDP.
That makes Iceland's figure about 1.7 times Lower-middle income countries (World Bank)'s.
Across all 29 years both countries report, Iceland has been ahead every year.
Iceland ranks 28th and Lower-middle income countries (World Bank) ranks 27th of 166 countries.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Lower-middle income countries (World Bank) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 48.37 Percentage of GDP | 24.41 Percentage of GDP | 23.97 Percentage of GDP | Iceland |
| 2010s | 46.06 Percentage of GDP | 24.36 Percentage of GDP | 21.7 Percentage of GDP | Iceland |
| 2020s | 45.42 Percentage of GDP | 25.13 Percentage of GDP | 20.28 Percentage of GDP | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher africa's development dynamics (afdd) table 16 - public finances, Iceland or Lower-middle income countries (World Bank)?
- Iceland, at 42.49 Percentage of GDP against 24.44 Percentage of GDP in Lower-middle income countries (World Bank) as of 2029.
- What is the difference in africa's development dynamics (afdd) table 16 - public finances between Iceland and Lower-middle income countries (World Bank)?
- 18.05 Percentage of GDP, with Iceland ahead.
- How many years of comparable data are there for Iceland and Lower-middle income countries (World Bank)?
- 29 years are reported by both, from 2000 to 2028.
- How do Iceland and Lower-middle income countries (World Bank) rank globally for africa's development dynamics (afdd) table 16 - public finances?
- Iceland ranks 28th and Lower-middle income countries (World Bank) ranks 27th of 166 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.