Iceland vs New Zealand: Government procurement spending as share of GDP
Iceland
15.5%
in 2024
New Zealand
17.1%
in 2024
Iceland rank
11th
New Zealand rank
8th
Government procurement spending as share of GDP over time
- Iceland
- New Zealand
How they compare
New Zealand currently reports 17.1% against 15.5% in Iceland, a difference of 1.6%.
That makes New Zealand's figure about 1.1 times Iceland's.
The two have swapped places 3 times across 17 shared years of data; in 2007 it was Iceland ahead.
Iceland ranks 11th and New Zealand ranks 8th of 43 countries.
Across the 3 decades both report, Iceland averaged higher in 1 and New Zealand in 2.
Head to head by decade
| Decade | Iceland | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.8% | 15.3% | 0.5% | Iceland |
| 2010s | 14.2% | 14.8% | 0.7% | New Zealand |
| 2020s | 15.5% | 16.8% | 1.4% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government procurement spending as share of gdp, Iceland or New Zealand?
- New Zealand, at 17.1% against 15.5% in Iceland as of 2024.
- What is the difference in government procurement spending as share of gdp between Iceland and New Zealand?
- 1.6%, with New Zealand ahead.
- How many years of comparable data are there for Iceland and New Zealand?
- 17 years are reported by both, from 2007 to 2024.
- How do Iceland and New Zealand rank globally for government procurement spending as share of gdp?
- Iceland ranks 11th and New Zealand ranks 8th of 43 countries.
- Where does this data come from?
- OECD (2026) – with minor processing by Our World in Data, published as Government procurement spending as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This data is divided by gross domestic product, expressed as a percentage.