Denmark vs Iceland: Economic Outlook No 117 — Government final consumption expenditure
Economic Outlook No 117 — Government final consumption expenditure over time
- Denmark
- Iceland
How they compare
Iceland currently reports 1.30 trillion against 746.11 billion in Denmark, a difference of 557.66 billion.
That makes Iceland's figure about 1.7 times Denmark's.
The two have swapped places 1 time across 61 shared years of data; in 1966 it was Denmark ahead.
Denmark ranks 18th and Iceland ranks 15th of 37 countries.
Across the 7 decades both report, Denmark averaged higher in 5 and Iceland in 2.
Head to head by decade
| Decade | Denmark | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 18.57 billion | 38.27 million | 18.53 billion | Denmark |
| 1970s | 55.17 billion | 514.35 million | 54.66 billion | Denmark |
| 1980s | 156.23 billion | 24.90 billion | 131.33 billion | Denmark |
| 1990s | 249.22 billion | 100.27 billion | 148.95 billion | Denmark |
| 2000s | 389.28 billion | 269.68 billion | 119.60 billion | Denmark |
| 2010s | 519.77 billion | 547.19 billion | 27.41 billion | Iceland |
| 2020s | 655.60 billion | 1.07 trillion | 419.28 billion | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 117 — government final consumption expenditure, Denmark or Iceland?
- Iceland, at 1.30 trillion against 746.11 billion in Denmark as of 2026.
- What is the difference in economic outlook no 117 — government final consumption expenditure between Denmark and Iceland?
- 557.66 billion, with Iceland ahead.
- How many years of comparable data are there for Denmark and Iceland?
- 61 years are reported by both, from 1966 to 2026.
- How do Denmark and Iceland rank globally for economic outlook no 117 — government final consumption expenditure?
- Denmark ranks 18th and Iceland ranks 15th of 37 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 117 — Government final consumption expenditure, nominal value, GDP expenditure approach. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP