Cyprus vs Iceland: Government expenditure vs gdp
Cyprus
5.27 billion
in 2025
Iceland
5.47 billion
in 2025
Cyprus rank
93rd
Iceland rank
90th
Government expenditure vs gdp over time
- Cyprus
- Iceland
How they compare
Iceland currently reports 5.47 billion against 5.27 billion in Cyprus, a difference of 199.90 million.
Across all 51 years both countries report, Iceland has been ahead every year.
Cyprus ranks 93rd and Iceland ranks 90th of 166 countries.
Iceland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Cyprus | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 715.08 million | 1.48 billion | 763.00 million | Iceland |
| 1980s | 1.12 billion | 2.14 billion | 1.01 billion | Iceland |
| 1990s | 2.01 billion | 2.96 billion | 941.82 million | Iceland |
| 2000s | 3.01 billion | 3.97 billion | 961.50 million | Iceland |
| 2010s | 3.54 billion | 4.34 billion | 809.06 million | Iceland |
| 2020s | 4.91 billion | 5.24 billion | 332.22 million | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government expenditure vs gdp, Cyprus or Iceland?
- Iceland, at 5.47 billion against 5.27 billion in Cyprus as of 2025.
- What is the difference in government expenditure vs gdp between Cyprus and Iceland?
- 199.90 million, with Iceland ahead.
- How many years of comparable data are there for Cyprus and Iceland?
- 51 years are reported by both, from 1975 to 2025.
- How do Cyprus and Iceland rank globally for government expenditure vs gdp?
- Cyprus ranks 93rd and Iceland ranks 90th of 166 countries.
- Where does this data come from?
- Our World in Data, published as Government expenditure vs gdp. Statizoid refreshes it automatically from the source and publishes the full history for both places.