Chile vs Iceland: Government spending by function as a share of GDP
Chile
8.6%
in 2023
Iceland
10.7%
in 2023
Chile rank
34th
Iceland rank
31st
Government spending by function as a share of GDP over time
- Chile
- Iceland
How they compare
Iceland currently reports 10.7% against 8.6% in Chile, a difference of 2.1%.
That makes Iceland's figure about 1.3 times Chile's.
The two have swapped places 2 times across 11 shared years of data; in 2013 it was Iceland ahead.
Chile ranks 34th and Iceland ranks 31st of 37 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Chile | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 7.3% | 10.2% | 2.9% | Iceland |
| 2020s | 10.6% | 12.0% | 1.4% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government spending by function as a share of gdp, Chile or Iceland?
- Iceland, at 10.7% against 8.6% in Chile as of 2023.
- What is the difference in government spending by function as a share of gdp between Chile and Iceland?
- 2.1%, with Iceland ahead.
- How many years of comparable data are there for Chile and Iceland?
- 11 years are reported by both, from 2013 to 2023.
- How do Chile and Iceland rank globally for government spending by function as a share of gdp?
- Chile ranks 34th and Iceland ranks 31st of 37 countries.
- Where does this data come from?
- OECD (2026) – with minor processing by Our World in Data, published as Government spending by function as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General government expenditure on social protection. This data is divided by gross domestic product, expressed as a percentage.