Belgium vs Iceland: Gross national expenditure
Belgium
102.0%
in 2025
Iceland
102.3%
in 2025
Belgium rank
95th
Iceland rank
92nd
Gross national expenditure over time
- Belgium
- Iceland
How they compare
Iceland currently reports 102.3% against 102.0% in Belgium, a difference of 0.3%.
The two have swapped places 12 times across 56 shared years of data; in 1970 it was Iceland ahead.
Belgium ranks 95th and Iceland ranks 92nd of 186 countries.
Across the 6 decades both report, Belgium averaged higher in 1 and Iceland in 5.
Head to head by decade
| Decade | Belgium | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 99.9% | 103.7% | 3.8% | Iceland |
| 1980s | 100.0% | 100.7% | 0.7% | Iceland |
| 1990s | 97.0% | 99.8% | 2.8% | Iceland |
| 2000s | 96.3% | 104.6% | 8.3% | Iceland |
| 2010s | 99.9% | 93.2% | 6.6% | Belgium |
| 2020s | 100.3% | 100.7% | 0.4% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national expenditure, Belgium or Iceland?
- Iceland, at 102.3% against 102.0% in Belgium as of 2025.
- What is the difference in gross national expenditure between Belgium and Iceland?
- 0.3%, with Iceland ahead.
- How many years of comparable data are there for Belgium and Iceland?
- 56 years are reported by both, from 1970 to 2025.
- How do Belgium and Iceland rank globally for gross national expenditure?
- Belgium ranks 95th and Iceland ranks 92nd of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.