Iceland vs Peru: Economic Outlook No 117 — Government final consumption expenditure
Economic Outlook No 117 — Government final consumption expenditure over time
- Iceland
- Peru
How they compare
Iceland currently reports 1.76 against 1.53 in Peru, a difference of 0.23.
That makes Iceland's figure about 1.1 times Peru's.
The two have swapped places 6 times across 19 shared years of data; in 2008 it was Iceland ahead.
Iceland ranks 10th and Peru ranks 12th of 38 countries.
Peru has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Peru | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.18 | 8.35 | 7.17 | Peru |
| 2010s | 0.7836 | 5.64 | 4.86 | Peru |
| 2020s | 2.51 | 3.7 | 1.2 | Peru |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 117 — government final consumption expenditure, Iceland or Peru?
- Iceland, at 1.76 against 1.53 in Peru as of 2026.
- What is the difference in economic outlook no 117 — government final consumption expenditure between Iceland and Peru?
- 0.23, with Iceland ahead.
- How many years of comparable data are there for Iceland and Peru?
- 19 years are reported by both, from 2008 to 2026.
- How do Iceland and Peru rank globally for economic outlook no 117 — government final consumption expenditure?
- Iceland ranks 10th and Peru ranks 12th of 38 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 117 — Government final consumption expenditure, volume, growth. 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