Colombia vs Iceland: Government spending by function as a share of GDP
Colombia
12.1%
in 2023
Iceland
10.7%
in 2023
Colombia rank
29th
Iceland rank
31st
Government spending by function as a share of GDP over time
- Colombia
- Iceland
How they compare
Colombia currently reports 12.1% against 10.7% in Iceland, a difference of 1.4%.
That makes Colombia's figure about 1.1 times Iceland's.
The two have swapped places 6 times across 15 shared years of data; in 2009 it was Colombia ahead.
Colombia ranks 29th and Iceland ranks 31st of 37 countries.
Colombia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Colombia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.8% | 10.7% | 0.2% | Colombia |
| 2010s | 11.4% | 10.2% | 1.2% | Colombia |
| 2020s | 12.5% | 12.0% | 0.4% | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government spending by function as a share of gdp, Colombia or Iceland?
- Colombia, at 12.1% against 10.7% in Iceland as of 2023.
- What is the difference in government spending by function as a share of gdp between Colombia and Iceland?
- 1.4%, with Colombia ahead.
- How many years of comparable data are there for Colombia and Iceland?
- 15 years are reported by both, from 2009 to 2023.
- How do Colombia and Iceland rank globally for government spending by function as a share of gdp?
- Colombia ranks 29th 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.