Cape Verde vs Iceland: Expense

Cape Verde
30.9%
in 2020
Iceland
32.0%
in 2023
Cape Verde rank
56th
Iceland rank
53rd

Expense over time

  • Cape Verde
  • Iceland
20304050197219972023

How they compare

Iceland currently reports 32.0% against 30.9% in Cape Verde, a difference of 1.1%.

Across all 16 years both countries report, Iceland has been ahead every year.

Cape Verde ranks 56th and Iceland ranks 53rd of 157 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Cape Verde Iceland Difference Ahead
2000s 22.5% 37.7% 15.3% Iceland
2010s 19.1% 33.9% 14.9% Iceland
2020s 30.9% 36.4% 5.5% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expense, Cape Verde or Iceland?
Iceland, at 32.0% against 30.9% in Cape Verde as of 2023.
What is the difference in expense between Cape Verde and Iceland?
1.1%, with Iceland ahead.
How many years of comparable data are there for Cape Verde and Iceland?
16 years are reported by both, from 2005 to 2020.
How do Cape Verde and Iceland rank globally for expense?
Cape Verde ranks 56th 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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Cape Verde vs Iceland: Expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 03 September 2026, from https://economy.statizoid.com/compare/expense-percent-of-gdp/cabo-verde/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.