Iceland vs Sri Lanka: Total Expenditure (general government) — Value Standard Local Currency
Total Expenditure (general government) — Value Standard Local Currency over time
- Iceland
- Sri Lanka
How they compare
Sri Lanka currently reports 2.30 million million SLC against 2.14 million million SLC in Iceland, a difference of 169,130 million SLC.
That makes Sri Lanka's figure about 1.1 times Iceland's.
The two have swapped places 2 times across 15 shared years of data; in 2001 it was Sri Lanka ahead.
Iceland ranks 35th and Sri Lanka ranks 33rd of 114 countries.
Sri Lanka has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 545,705 million SLC | 676,138 million SLC | 130,434 million SLC | Sri Lanka |
| 2010s | 845,344 million SLC | 1.68 million million SLC | 835,163 million SLC | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (general government) — value standard local currency, Iceland or Sri Lanka?
- Sri Lanka, at 2.30 million million SLC against 2.14 million million SLC in Iceland as of 2015.
- What is the difference in total expenditure (general government) — value standard local currency between Iceland and Sri Lanka?
- 169,130 million SLC, with Sri Lanka ahead.
- How many years of comparable data are there for Iceland and Sri Lanka?
- 15 years are reported by both, from 2001 to 2015.
- How do Iceland and Sri Lanka rank globally for total expenditure (general government) — value standard local currency?
- Iceland ranks 35th and Sri Lanka ranks 33rd 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.
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.