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

Iceland
0.1418 constant 2015 US$ per US$ of GDP
in 2025
Vanuatu
0.1467 constant 2015 US$ per US$ of GDP
in 2024
Iceland rank
63rd
Vanuatu rank
60th

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

  • Iceland
  • Vanuatu
00.511.5197019972025

How they compare

Vanuatu currently reports 0.1467 constant 2015 US$ per US$ of GDP against 0.1418 constant 2015 US$ per US$ of GDP in Iceland, a difference of 0.0049 constant 2015 US$ per US$ of GDP.

Across all 23 years both countries report, Iceland has been ahead every year.

Iceland ranks 63rd and Vanuatu ranks 60th of 166 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Vanuatu Difference Ahead
2000s 0.2807 constant 2015 US$ per US$ of GDP 0.2102 constant 2015 US$ per US$ of GDP 0.0705 constant 2015 US$ per US$ of GDP Iceland
2010s 0.2341 constant 2015 US$ per US$ of GDP 0.1366 constant 2015 US$ per US$ of GDP 0.0974 constant 2015 US$ per US$ of GDP Iceland
2020s 0.1857 constant 2015 US$ per US$ of GDP 0.1475 constant 2015 US$ per US$ of GDP 0.0381 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 Vanuatu?
Vanuatu, at 0.1467 constant 2015 US$ per US$ of GDP against 0.1418 constant 2015 US$ per US$ of GDP in Iceland as of 2024.
What is the difference in government spending vs. gdp, per unit of gdp between Iceland and Vanuatu?
0.0049 constant 2015 US$ per US$ of GDP, with Vanuatu ahead.
How many years of comparable data are there for Iceland and Vanuatu?
23 years are reported by both, from 2002 to 2024.
How do Iceland and Vanuatu rank globally for government spending vs. gdp, per unit of gdp?
Iceland ranks 63rd and Vanuatu ranks 60th 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 Vanuatu: 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/vanuatu/

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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.