Hungary vs Iceland: Government spending by function as a share of GDP

Hungary
12.3%
in 2023
Iceland
10.7%
in 2023
Hungary rank
28th
Iceland rank
31st

Government spending by function as a share of GDP over time

  • Hungary
  • Iceland
05101520200720152023

How they compare

Hungary currently reports 12.3% against 10.7% in Iceland, a difference of 1.6%.

That makes Hungary's figure about 1.1 times Iceland's.

The two have swapped places 2 times across 17 shared years of data; in 2007 it was Hungary ahead.

Hungary ranks 28th and Iceland ranks 31st of 37 countries.

Hungary has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Hungary Iceland Difference Ahead
2000s 17.6% 9.1% 8.4% Hungary
2010s 15.0% 10.2% 4.8% Hungary
2020s 12.9% 12.0% 0.9% Hungary

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government spending by function as a share of gdp, Hungary or Iceland?
Hungary, at 12.3% against 10.7% in Iceland as of 2023.
What is the difference in government spending by function as a share of gdp between Hungary and Iceland?
1.6%, with Hungary ahead.
How many years of comparable data are there for Hungary and Iceland?
17 years are reported by both, from 2007 to 2023.
How do Hungary and Iceland rank globally for government spending by function as a share of gdp?
Hungary ranks 28th 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.

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Hungary vs Iceland: Government spending by function as a share of GDP. Statizoid, drawing on OECD (2026) – with minor processing by Our World in Data. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/government-spending-by-function-as-share-of-gdp-across-countries/hungary/iceland/

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About this data

Indicator
Government spending by function as a share of GDP
Unit
% of GDP
Source
OECD (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
37 places, 618 data points, 2007–2024
Last refreshed

General government expenditure on social protection. This data is divided by gross domestic product, expressed as a percentage.