Ethiopia vs Iceland: Government spending vs. GDP

Ethiopia
5.43 billion constant 2015 US$
in 2025
Iceland
5.47 billion constant 2015 US$
in 2025
Ethiopia rank
92nd
Iceland rank
90th

Government spending vs. GDP over time

  • Ethiopia
  • Iceland
02.0B4.0B6.0B197019972025

How they compare

Iceland currently reports 5.47 billion constant 2015 US$ against 5.43 billion constant 2015 US$ in Ethiopia, a difference of 42.18 million constant 2015 US$.

The two have swapped places 2 times across 15 shared years of data; in 2011 it was Iceland ahead.

Ethiopia ranks 92nd and Iceland ranks 90th of 166 countries.

Ethiopia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Ethiopia Iceland Difference Ahead
2010s 5.56 billion constant 2015 US$ 4.35 billion constant 2015 US$ 1.21 billion constant 2015 US$ Ethiopia
2020s 5.82 billion constant 2015 US$ 5.24 billion constant 2015 US$ 573.61 million constant 2015 US$ Ethiopia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government spending vs. gdp, Ethiopia or Iceland?
Iceland, at 5.47 billion constant 2015 US$ against 5.43 billion constant 2015 US$ in Ethiopia as of 2025.
What is the difference in government spending vs. gdp between Ethiopia and Iceland?
42.18 million constant 2015 US$, with Iceland ahead.
How many years of comparable data are there for Ethiopia and Iceland?
15 years are reported by both, from 2011 to 2025.
How do Ethiopia and Iceland rank globally for government spending vs. gdp?
Ethiopia ranks 92nd and Iceland ranks 90th of 166 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as Government spending vs. GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ethiopia vs Iceland: Government spending vs. GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 30 August 2026, from https://economy.statizoid.com/compare/government-expenditure-vs-gdp/ethiopia/iceland/

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About this data

Indicator
Government spending vs. GDP
Unit
constant 2015 US$
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 7,062 data points, 1960–2025
Last refreshed

General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.