Brazil vs Iceland: Government spending as share of GDP vs. GDP per capita

Brazil
45.7%
in 2024
Iceland
46.5%
in 2024
Brazil rank
26th
Iceland rank
23rd

Government spending as share of GDP vs. GDP per capita over time

  • Brazil
  • Iceland
0204060188019522024

How they compare

Iceland currently reports 46.5% against 45.7% in Brazil, a difference of 0.8%.

The two have swapped places 17 times across 107 shared years of data; in 1909 it was Brazil ahead.

Brazil ranks 26th and Iceland ranks 23rd of 151 countries.

Across the 13 decades both report, Brazil averaged higher in 2 and Iceland in 11.

Head to head by decade

Decade Brazil Iceland Difference Ahead
1900s 12.3% 8.0% 4.4% Brazil
1910s 14.0% 8.3% 5.8% Brazil
1920s 9.3% 10.2% 0.9% Iceland
1930s 11.0% 12.3% 1.3% Iceland
1940s 9.9% 16.2% 6.3% Iceland
1950s 8.1% 26.1% 17.9% Iceland
1960s 16.5% 29.0% 12.5% Iceland
1970s 10.8% 33.1% 22.3% Iceland
1980s 9.3% 36.3% 27.0% Iceland
1990s 39.3% 42.6% 3.2% Iceland
2000s 40.5% 47.8% 7.3% Iceland
2010s 42.3% 45.5% 3.3% Iceland
2020s 44.2% 47.3% 3.1% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government spending as share of gdp vs. gdp per capita, Brazil or Iceland?
Iceland, at 46.5% against 45.7% in Brazil as of 2024.
What is the difference in government spending as share of gdp vs. gdp per capita between Brazil and Iceland?
0.8%, with Iceland ahead.
How many years of comparable data are there for Brazil and Iceland?
107 years are reported by both, from 1909 to 2024.
How do Brazil and Iceland rank globally for government spending as share of gdp vs. gdp per capita?
Brazil ranks 26th and Iceland ranks 23rd of 151 countries.
Where does this data come from?
International Monetary Fund (2025) – with minor processing by Our World in Data, published as Government spending as share of GDP vs. GDP per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Brazil vs Iceland: Government spending as share of GDP vs. GDP per capita. Statizoid, drawing on International Monetary Fund (2025) – with minor processing by Our World in Data. Retrieved 01 September 2026, from https://economy.statizoid.com/compare/government-spending-vs-gdp-per-capita/brazil/iceland/

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About this data

Indicator
Government spending as share of GDP vs. GDP per capita
Unit
% of GDP
Source
International Monetary Fund (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
151 places, 9,265 data points, 1800–2024
Last refreshed

Sum of all the money spent by the government on goods and services, as a percentage of GDP. It includes interest paid on government debt.