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

Iceland
46.5%
in 2024
Maldives
46.1%
in 2024
Iceland rank
23rd
Maldives rank
25th

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

  • Iceland
  • Maldives
0204060190919662024

How they compare

Iceland currently reports 46.5% against 46.1% in Maldives, a difference of 0.4%.

The two have swapped places 4 times across 35 shared years of data; in 1990 it was Iceland ahead.

Iceland ranks 23rd and Maldives ranks 25th of 151 countries.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Maldives Difference Ahead
1990s 43.5% 31.0% 12.5% Iceland
2000s 47.8% 32.0% 15.8% Iceland
2010s 45.5% 31.7% 13.9% Iceland
2020s 47.3% 45.1% 2.1% 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, Iceland or Maldives?
Iceland, at 46.5% against 46.1% in Maldives as of 2024.
What is the difference in government spending as share of gdp vs. gdp per capita between Iceland and Maldives?
0.4%, with Iceland ahead.
How many years of comparable data are there for Iceland and Maldives?
35 years are reported by both, from 1990 to 2024.
How do Iceland and Maldives rank globally for government spending as share of gdp vs. gdp per capita?
Iceland ranks 23rd and Maldives ranks 25th 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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Iceland vs Maldives: 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/iceland/maldives/

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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.