Hungary vs Iceland: Government spending as share of GDP vs. GDP per capita
Hungary
46.9%
in 2024
Iceland
46.5%
in 2024
Hungary rank
21st
Iceland rank
23rd
Government spending as share of GDP vs. GDP per capita over time
- Hungary
- Iceland
How they compare
Hungary currently reports 46.9% against 46.5% in Iceland, a difference of 0.4%.
The two have swapped places 7 times across 47 shared years of data; in 1927 it was Iceland ahead.
Hungary ranks 21st and Iceland ranks 23rd of 151 countries.
Across the 7 decades both report, Hungary averaged higher in 4 and Iceland in 3.
Head to head by decade
| Decade | Hungary | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1920s | 2.3% | 9.4% | 7.1% | Iceland |
| 1930s | 3.1% | 12.3% | 9.3% | Iceland |
| 1940s | 4.5% | 10.6% | 6.1% | Iceland |
| 1990s | 51.0% | 42.9% | 8.1% | Hungary |
| 2000s | 49.4% | 47.8% | 1.5% | Hungary |
| 2010s | 48.3% | 45.5% | 2.8% | Hungary |
| 2020s | 48.8% | 47.3% | 1.5% | Hungary |
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, Hungary or Iceland?
- Hungary, at 46.9% against 46.5% in Iceland as of 2024.
- What is the difference in government spending as share of gdp vs. gdp per capita between Hungary and Iceland?
- 0.4%, with Hungary ahead.
- How many years of comparable data are there for Hungary and Iceland?
- 47 years are reported by both, from 1927 to 2024.
- How do Hungary and Iceland rank globally for government spending as share of gdp vs. gdp per capita?
- Hungary ranks 21st 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.
Individual pages
About this data
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.