Iceland vs Philippines: Government spending vs. GDP, per unit of GDP

Iceland
0.1418 constant 2015 US$ per US$ of GDP
in 2025
Philippines
0.1442 constant 2015 US$ per US$ of GDP
in 2025
Iceland rank
63rd
Philippines rank
61st

Government spending vs. GDP, per unit of GDP over time

  • Iceland
  • Philippines
00.511.5196019922025

How they compare

Philippines currently reports 0.1442 constant 2015 US$ per US$ of GDP against 0.1418 constant 2015 US$ per US$ of GDP in Iceland, a difference of 0.0024 constant 2015 US$ per US$ of GDP.

The two have swapped places 1 time across 56 shared years of data; in 1970 it was Iceland ahead.

Iceland ranks 63rd and Philippines ranks 61st of 166 countries.

Iceland has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Iceland Philippines Difference Ahead
1970s 0.9345 constant 2015 US$ per US$ of GDP 0.6624 constant 2015 US$ per US$ of GDP 0.2722 constant 2015 US$ per US$ of GDP Iceland
1980s 0.5432 constant 2015 US$ per US$ of GDP 0.3133 constant 2015 US$ per US$ of GDP 0.23 constant 2015 US$ per US$ of GDP Iceland
1990s 0.3987 constant 2015 US$ per US$ of GDP 0.2222 constant 2015 US$ per US$ of GDP 0.1764 constant 2015 US$ per US$ of GDP Iceland
2000s 0.3033 constant 2015 US$ per US$ of GDP 0.1656 constant 2015 US$ per US$ of GDP 0.1377 constant 2015 US$ per US$ of GDP Iceland
2010s 0.2341 constant 2015 US$ per US$ of GDP 0.1137 constant 2015 US$ per US$ of GDP 0.1203 constant 2015 US$ per US$ of GDP Iceland
2020s 0.1784 constant 2015 US$ per US$ of GDP 0.1438 constant 2015 US$ per US$ of GDP 0.0345 constant 2015 US$ per US$ of GDP Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government spending vs. gdp, per unit of gdp, Iceland or Philippines?
Philippines, at 0.1442 constant 2015 US$ per US$ of GDP against 0.1418 constant 2015 US$ per US$ of GDP in Iceland as of 2025.
What is the difference in government spending vs. gdp, per unit of gdp between Iceland and Philippines?
0.0024 constant 2015 US$ per US$ of GDP, with Philippines ahead.
How many years of comparable data are there for Iceland and Philippines?
56 years are reported by both, from 1970 to 2025.
How do Iceland and Philippines rank globally for government spending vs. gdp, per unit of gdp?
Iceland ranks 63rd and Philippines ranks 61st of 166 countries.
Where does this data come from?
Statizoid (derived), published as Government spending vs. GDP, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Philippines: Government spending vs. GDP, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/compare/government-spending-vs-gdp-per-unit-of-gdp/iceland/philippines/

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About this data

Indicator
Government spending vs. GDP, per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 7,051 data points, 1960–2025
Last refreshed

Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.