Iceland vs Slovakia: Government spending as share of GDP
Iceland
46.5%
in 2024
Slovakia
47.1%
in 2024
Iceland rank
23rd
Slovakia rank
20th
Government spending as share of GDP over time
- Iceland
- Slovakia
How they compare
Slovakia currently reports 47.1% against 46.5% in Iceland, a difference of 0.6%.
The two have swapped places 6 times across 30 shared years of data; in 1995 it was Slovakia ahead.
Iceland ranks 23rd and Slovakia ranks 20th of 151 countries.
Across the 4 decades both report, Iceland averaged higher in 3 and Slovakia in 1.
Head to head by decade
| Decade | Iceland | Slovakia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 42.9% | 48.8% | 5.8% | Slovakia |
| 2000s | 47.8% | 41.7% | 6.2% | Iceland |
| 2010s | 45.5% | 41.0% | 4.5% | Iceland |
| 2020s | 47.3% | 45.5% | 1.8% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government spending as share of gdp, Iceland or Slovakia?
- Slovakia, at 47.1% against 46.5% in Iceland as of 2024.
- What is the difference in government spending as share of gdp between Iceland and Slovakia?
- 0.6%, with Slovakia ahead.
- How many years of comparable data are there for Iceland and Slovakia?
- 30 years are reported by both, from 1995 to 2024.
- How do Iceland and Slovakia rank globally for government spending as share of gdp?
- Iceland ranks 23rd and Slovakia ranks 20th of 151 countries.
- Where does this data come from?
- International Monetary Fund (2025) β with minor processing by Our World in Data, published as Government spending as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Sum of all the money spent by the government on goods and services, as a percentage of GDP. It includes interest paid on government debt.