Iceland vs Sweden: Expense
Iceland
32.0%
in 2023
Sweden
32.5%
in 2022
Iceland rank
53rd
Sweden rank
51st
Expense over time
- Iceland
- Sweden
How they compare
Sweden currently reports 32.5% against 32.0% in Iceland, a difference of 0.5%.
The two have swapped places 7 times across 51 shared years of data; in 1972 it was Sweden ahead.
Iceland ranks 53rd and Sweden ranks 51st of 157 countries.
Across the 6 decades both report, Iceland averaged higher in 3 and Sweden in 3.
Head to head by decade
| Decade | Iceland | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 23.3% | 27.1% | 3.8% | Sweden |
| 1980s | 25.2% | 36.5% | 11.3% | Sweden |
| 1990s | 29.0% | 39.3% | 10.3% | Sweden |
| 2000s | 33.9% | 33.0% | 0.9% | Iceland |
| 2010s | 33.9% | 32.6% | 1.4% | Iceland |
| 2020s | 34.5% | 33.5% | 1.0% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Iceland or Sweden?
- Sweden, at 32.5% against 32.0% in Iceland as of 2022.
- What is the difference in expense between Iceland and Sweden?
- 0.5%, with Sweden ahead.
- How many years of comparable data are there for Iceland and Sweden?
- 51 years are reported by both, from 1972 to 2022.
- How do Iceland and Sweden rank globally for expense?
- Iceland ranks 53rd and Sweden ranks 51st 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.