Iceland vs North Macedonia: Revenue, excluding grants
Iceland
31.4%
in 2023
North Macedonia
30.9%
in 2024
Iceland rank
43rd
North Macedonia rank
46th
Revenue, excluding grants over time
- Iceland
- North Macedonia
How they compare
Iceland currently reports 31.4% against 30.9% in North Macedonia, a difference of 0.5%.
The two have swapped places 2 times across 19 shared years of data; in 2005 it was Iceland ahead.
Iceland ranks 43rd and North Macedonia ranks 46th of 157 countries.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 37.6% | 31.6% | 6.1% | Iceland |
| 2010s | 34.1% | 27.3% | 6.9% | Iceland |
| 2020s | 29.9% | 28.7% | 1.1% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher revenue, excluding grants, Iceland or North Macedonia?
- Iceland, at 31.4% against 30.9% in North Macedonia as of 2023.
- What is the difference in revenue, excluding grants between Iceland and North Macedonia?
- 0.5%, with Iceland ahead.
- How many years of comparable data are there for Iceland and North Macedonia?
- 19 years are reported by both, from 2005 to 2023.
- How do Iceland and North Macedonia rank globally for revenue, excluding grants?
- Iceland ranks 43rd and North Macedonia ranks 46th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Revenue, excluding grants (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.