Georgia vs Iceland: Total Expenditure (central government) — Value US$, 2015 prices
Total Expenditure (central government) — Value US$, 2015 prices over time
- Georgia
- Iceland
How they compare
Iceland currently reports 7,967 million USD against 7,939 million USD in Georgia, a difference of 28 million USD.
Across all 24 years both countries report, Iceland has been ahead every year.
Georgia ranks 91st and Iceland ranks 89th of 173 countries.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Georgia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2,046 million USD | 5,232 million USD | 3,185 million USD | Iceland |
| 2010s | 4,256 million USD | 5,873 million USD | 1,617 million USD | Iceland |
| 2020s | 6,098 million USD | 7,592 million USD | 1,494 million USD | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (central government) — value us$, 2015 prices, Georgia or Iceland?
- Iceland, at 7,967 million USD against 7,939 million USD in Georgia as of 2024.
- What is the difference in total expenditure (central government) — value us$, 2015 prices between Georgia and Iceland?
- 28 million USD, with Iceland ahead.
- How many years of comparable data are there for Georgia and Iceland?
- 24 years are reported by both, from 2001 to 2024.
- How do Georgia and Iceland rank globally for total expenditure (central government) — value us$, 2015 prices?
- Georgia ranks 91st and Iceland ranks 89th of 173 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure (central government) — Value US$, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.