France vs Iceland: Total Expenditure (general government) — Value Standard Local Currency

France
1.67 million million SLC
in 2024
Iceland
2.14 million million SLC
in 2024
France rank
38th
Iceland rank
35th

Total Expenditure (general government) — Value Standard Local Currency over time

  • France
  • Iceland
500.0k1.0M1.5M2.0M200120122024

How they compare

Iceland currently reports 2.14 million million SLC against 1.67 million million SLC in France, a difference of 465,080 million SLC.

That makes Iceland's figure about 1.3 times France's.

The two have swapped places 1 time across 24 shared years of data; in 2001 it was France ahead.

France ranks 38th and Iceland ranks 35th of 114 countries.

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

Head to head by decade

Decade France Iceland Difference Ahead
2000s 945,210 million SLC 545,705 million SLC 399,505 million SLC France
2010s 1.24 million million SLC 981,538 million SLC 257,596 million SLC France
2020s 1.55 million million SLC 1.81 million million SLC 255,340 million SLC Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total expenditure (general government) — value standard local currency, France or Iceland?
Iceland, at 2.14 million million SLC against 1.67 million million SLC in France as of 2024.
What is the difference in total expenditure (general government) — value standard local currency between France and Iceland?
465,080 million SLC, with Iceland ahead.
How many years of comparable data are there for France and Iceland?
24 years are reported by both, from 2001 to 2024.
How do France and Iceland rank globally for total expenditure (general government) — value standard local currency?
France ranks 38th and Iceland ranks 35th of 114 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Total Expenditure (general government) — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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France vs Iceland: Total Expenditure (general government) — Value Standard Local Currency. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 06 September 2026, from https://economy.statizoid.com/compare/total-expenditure-general-government-value-standard-local-currency/france/iceland/

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About this data

Indicator
Total Expenditure (general government) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
123 places, 2,235 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.