Georgia vs Iceland: Gross national expenditure
Gross national expenditure over time
- Georgia
- Iceland
How they compare
Georgia currently reports 40.36 billion current US$ against 39.45 billion current US$ in Iceland, a difference of 907.80 million current US$.
The two have swapped places 4 times across 39 shared years of data; in 1987 it was Georgia ahead.
Georgia ranks 100th and Iceland ranks 101st of 185 countries.
Across the 5 decades both report, Georgia averaged higher in 2 and Iceland in 3.
Head to head by decade
| Decade | Georgia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 8.51 billion current US$ | 6.00 billion current US$ | 2.51 billion current US$ | Georgia |
| 1990s | 4.60 billion current US$ | 7.48 billion current US$ | 2.88 billion current US$ | Iceland |
| 2000s | 8.33 billion current US$ | 14.85 billion current US$ | 6.52 billion current US$ | Iceland |
| 2010s | 18.61 billion current US$ | 18.15 billion current US$ | 459.30 million current US$ | Georgia |
| 2020s | 29.84 billion current US$ | 30.39 billion current US$ | 545.87 million current US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national expenditure, Georgia or Iceland?
- Georgia, at 40.36 billion current US$ against 39.45 billion current US$ in Iceland as of 2025.
- What is the difference in gross national expenditure between Georgia and Iceland?
- 907.80 million current US$, with Georgia ahead.
- How many years of comparable data are there for Georgia and Iceland?
- 39 years are reported by both, from 1987 to 2025.
- How do Georgia and Iceland rank globally for gross national expenditure?
- Georgia ranks 100th and Iceland ranks 101st of 185 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.