Germany vs Iceland: Expense
Germany
31.2%
in 2022
Iceland
32.0%
in 2023
Germany rank
55th
Iceland rank
53rd
Expense over time
- Germany
- Iceland
How they compare
Iceland currently reports 32.0% against 31.2% in Germany, a difference of 0.8%.
The two have swapped places 4 times across 51 shared years of data; in 1972 it was Iceland ahead.
Germany ranks 55th and Iceland ranks 53rd of 157 countries.
Across the 6 decades both report, Germany averaged higher in 2 and Iceland in 4.
Head to head by decade
| Decade | Germany | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 23.1% | 23.3% | 0.2% | Iceland |
| 1980s | 25.6% | 25.2% | 0.4% | Germany |
| 1990s | 31.5% | 29.0% | 2.6% | Germany |
| 2000s | 29.8% | 33.9% | 4.1% | Iceland |
| 2010s | 28.0% | 33.9% | 5.9% | Iceland |
| 2020s | 32.0% | 34.5% | 2.5% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Germany or Iceland?
- Iceland, at 32.0% against 31.2% in Germany as of 2023.
- What is the difference in expense between Germany and Iceland?
- 0.8%, with Iceland ahead.
- How many years of comparable data are there for Germany and Iceland?
- 51 years are reported by both, from 1972 to 2022.
- How do Germany and Iceland rank globally for expense?
- Germany ranks 55th 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.
Individual pages
About this data
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.