Iceland vs Sweden: Annual government expenditure by function (COFOG) — Intermediate

Iceland
426,998 National currency
in 2024
Sweden
734,143 National currency
in 2024
Iceland rank
9th
Sweden rank
7th

Annual government expenditure by function (COFOG) — Intermediate over time

  • Iceland
  • Sweden
0200.0k400.0k600.0k800.0k199520092024

How they compare

Sweden currently reports 734,143 National currency against 426,998 National currency in Iceland, a difference of 307,145 National currency.

That makes Sweden's figure about 1.7 times Iceland's.

Across all 27 years both countries report, Sweden has been ahead every year.

Iceland ranks 9th and Sweden ranks 7th of 28 countries.

Sweden has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Sweden Difference Ahead
1990s 48,877 National currency 273,697 National currency 224,820 National currency Sweden
2000s 103,140 National currency 326,490 National currency 223,349 National currency Sweden
2010s 207,432 National currency 473,036 National currency 265,603 National currency Sweden
2020s 354,825 National currency 654,811 National currency 299,985 National currency Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual government expenditure by function (cofog) — intermediate, Iceland or Sweden?
Sweden, at 734,143 National currency against 426,998 National currency in Iceland as of 2024.
What is the difference in annual government expenditure by function (cofog) — intermediate between Iceland and Sweden?
307,145 National currency, with Sweden ahead.
How many years of comparable data are there for Iceland and Sweden?
27 years are reported by both, from 1998 to 2024.
How do Iceland and Sweden rank globally for annual government expenditure by function (cofog) — intermediate?
Iceland ranks 9th and Sweden ranks 7th of 28 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual government expenditure by function (COFOG) — Intermediate consumption, Other taxes on production, Current taxes on income, wealth, etc., Adjustment for the change in pension entitlements. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Sweden: Annual government expenditure by function (COFOG) — Intermediate. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/annual-government-expenditure-by-function-cofog-intermediate-consumption-other-taxes-on/iceland/sweden/

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<a href="https://economy.statizoid.com/compare/annual-government-expenditure-by-function-cofog-intermediate-consumption-other-taxes-on/iceland/sweden/">Iceland vs Sweden: Annual government expenditure by function (COFOG) — Intermediate</a> — Statizoid

About this data

Indicator
Annual government expenditure by function (COFOG) — Intermediate consumption, Other taxes on production, Current taxes on income, wealth, etc., Adjustment for the change in pension entitlements
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,108 data points, 1970–2025
Last refreshed

This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org