Iceland vs Mexico: Government spending vs. GDP, annual growth rate
Iceland
1.24 % change on previous year
in 2025
Mexico
1.27 % change on previous year
in 2025
Iceland rank
112th
Mexico rank
111th
Government spending vs. GDP, annual growth rate over time
- Iceland
- Mexico
How they compare
Mexico currently reports 1.27 % change on previous year against 1.24 % change on previous year in Iceland, a difference of 0.03 % change on previous year.
The two have swapped places 20 times across 55 shared years of data; in 1971 it was Mexico ahead.
Iceland ranks 112th and Mexico ranks 111th of 166 countries.
Across the 6 decades both report, Iceland averaged higher in 3 and Mexico in 3.
Head to head by decade
| Decade | Iceland | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.58 % change on previous year | 8.56 % change on previous year | 0.9862 % change on previous year | Mexico |
| 1980s | 4.88 % change on previous year | 3.17 % change on previous year | 1.71 % change on previous year | Iceland |
| 1990s | 2.01 % change on previous year | 2.46 % change on previous year | 0.4505 % change on previous year | Mexico |
| 2000s | 3.36 % change on previous year | 1.24 % change on previous year | 2.11 % change on previous year | Iceland |
| 2010s | 0.7206 % change on previous year | 1.66 % change on previous year | 0.9371 % change on previous year | Mexico |
| 2020s | 2.41 % change on previous year | 1.37 % change on previous year | 1.04 % change on previous year | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government spending vs. gdp, annual growth rate, Iceland or Mexico?
- Mexico, at 1.27 % change on previous year against 1.24 % change on previous year in Iceland as of 2025.
- What is the difference in government spending vs. gdp, annual growth rate between Iceland and Mexico?
- 0.03 % change on previous year, with Mexico ahead.
- How many years of comparable data are there for Iceland and Mexico?
- 55 years are reported by both, from 1971 to 2025.
- How do Iceland and Mexico rank globally for government spending vs. gdp, annual growth rate?
- Iceland ranks 112th and Mexico ranks 111th of 166 countries.
- Where does this data come from?
- Statizoid (derived), published as Government spending vs. GDP, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Government spending vs. GDP. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.