Iceland vs Türkiye: Expense
Iceland
32.0%
in 2023
Türkiye
33.0%
in 2023
Iceland rank
53rd
Türkiye rank
50th
Expense over time
- Iceland
- Türkiye
How they compare
Türkiye currently reports 33.0% against 32.0% in Iceland, a difference of 1.0%.
The two have swapped places 3 times across 42 shared years of data; in 1972 it was Iceland ahead.
Iceland ranks 53rd and Türkiye ranks 50th of 157 countries.
Iceland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | Türkiye | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 23.3% | 15.2% | 8.1% | Iceland |
| 1980s | 25.4% | 15.8% | 9.5% | Iceland |
| 1990s | 28.9% | 19.3% | 9.6% | Iceland |
| 2000s | 45.9% | 32.7% | 13.2% | Iceland |
| 2010s | 33.9% | 31.0% | 3.0% | Iceland |
| 2020s | 33.9% | 31.4% | 2.5% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Iceland or Türkiye?
- Türkiye, at 33.0% against 32.0% in Iceland as of 2023.
- What is the difference in expense between Iceland and Türkiye?
- 1.0%, with Türkiye ahead.
- How many years of comparable data are there for Iceland and Türkiye?
- 42 years are reported by both, from 1972 to 2023.
- How do Iceland and Türkiye rank globally for expense?
- Iceland ranks 53rd and Türkiye ranks 50th 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.