Brazil vs Iceland: Expense

Brazil
32.4%
in 2023
Iceland
32.0%
in 2023
Brazil rank
52nd
Iceland rank
53rd

Expense over time

  • Brazil
  • Iceland
0204060197219972023

How they compare

Brazil currently reports 32.4% against 32.0% in Iceland, a difference of 0.4%.

The two have swapped places 5 times across 14 shared years of data; in 2010 it was Iceland ahead.

Brazil ranks 52nd and Iceland ranks 53rd of 157 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Brazil Iceland Difference Ahead
2010s 30.5% 33.9% 3.4% Iceland
2020s 32.1% 33.9% 1.8% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expense, Brazil or Iceland?
Brazil, at 32.4% against 32.0% in Iceland as of 2023.
What is the difference in expense between Brazil and Iceland?
0.4%, with Brazil ahead.
How many years of comparable data are there for Brazil and Iceland?
14 years are reported by both, from 2010 to 2023.
How do Brazil and Iceland rank globally for expense?
Brazil ranks 52nd and Iceland ranks 53rd of 157 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Brazil vs Iceland: Expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 04 September 2026, from https://economy.statizoid.com/compare/expense-percent-of-gdp/brazil/iceland/

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About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.