Iceland vs India: Gross national expenditure

Iceland
102.3%
in 2025
India
102.0%
in 2025
Iceland rank
92nd
India rank
94th

Gross national expenditure over time

  • Iceland
  • India
0255075100125196019922025

How they compare

Iceland currently reports 102.3% against 102.0% in India, a difference of 0.3%.

The two have swapped places 11 times across 56 shared years of data; in 1970 it was India ahead.

Iceland ranks 92nd and India ranks 94th of 186 countries.

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

Head to head by decade

Decade Iceland India Difference Ahead
1970s 103.7% 108.0% 4.3% India
1980s 100.7% 108.9% 8.1% India
1990s 99.8% 102.3% 2.5% India
2000s 104.6% 104.9% 0.3% India
2010s 93.2% 102.9% 9.7% India
2020s 100.7% 102.2% 1.5% India

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national expenditure, Iceland or India?
Iceland, at 102.3% against 102.0% in India as of 2025.
What is the difference in gross national expenditure between Iceland and India?
0.3%, with Iceland ahead.
How many years of comparable data are there for Iceland and India?
56 years are reported by both, from 1970 to 2025.
How do Iceland and India rank globally for gross national expenditure?
Iceland ranks 92nd and India ranks 94th 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.

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Iceland vs India: Gross national expenditure. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 11 September 2026, from https://economy.statizoid.com/compare/gross-national-expenditure-percent-of-gdp/iceland/india/

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About this data

Indicator
Gross national expenditure (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,544 data points, 1960–2025
Last refreshed

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.