Iceland vs Zambia: Total Expenditure (central government) — Value US$, 2015 prices

Iceland
7,967 million USD
in 2024
Zambia
7,783 million USD
in 2024
Iceland rank
89th
Zambia rank
92nd

Total Expenditure (central government) — Value US$, 2015 prices over time

  • Iceland
  • Zambia
2.0k4.0k6.0k8.0k10.0k200120122024

How they compare

Iceland currently reports 7,967 million USD against 7,783 million USD in Zambia, a difference of 184 million USD.

The two have swapped places 6 times across 24 shared years of data; in 2001 it was Iceland ahead.

Iceland ranks 89th and Zambia ranks 92nd of 173 countries.

Across the 3 decades both report, Iceland averaged higher in 2 and Zambia in 1.

Head to head by decade

Decade Iceland Zambia Difference Ahead
2000s 5,232 million USD 2,032 million USD 3,200 million USD Iceland
2010s 5,873 million USD 4,739 million USD 1,134 million USD Iceland
2020s 7,592 million USD 7,661 million USD 69.4 million USD Zambia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total expenditure (central government) — value us$, 2015 prices, Iceland or Zambia?
Iceland, at 7,967 million USD against 7,783 million USD in Zambia as of 2024.
What is the difference in total expenditure (central government) — value us$, 2015 prices between Iceland and Zambia?
184 million USD, with Iceland ahead.
How many years of comparable data are there for Iceland and Zambia?
24 years are reported by both, from 2001 to 2024.
How do Iceland and Zambia rank globally for total expenditure (central government) — value us$, 2015 prices?
Iceland ranks 89th and Zambia ranks 92nd of 173 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Total Expenditure (central government) — Value US$, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Zambia: Total Expenditure (central government) — Value US$, 2015 prices. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 04 September 2026, from https://economy.statizoid.com/compare/total-expenditure-central-government-value-us-2015-prices/iceland/zambia/

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About this data

Indicator
Total Expenditure (central government) — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
188 places, 3,857 data points, 2001–2024
Last refreshed

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.