Brazil vs Iceland: Central government spending as share of GDP

Brazil
32.4%
in 2023
Iceland
32.0%
in 2023
Brazil rank
52nd
Iceland rank
53rd

Central government spending as share of GDP over time

  • Brazil
  • Iceland
0204060197219972023

How they compare

Brazil currently reports 32.4% against 32.0% in Iceland, a difference of 0.4%.

The two have swapped places 5 times across 14 shared years of data; in 2010 it was Iceland ahead.

Brazil ranks 52nd and Iceland ranks 53rd of 157 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Brazil Iceland Difference Ahead
2010s 30.5% 33.9% 3.4% Iceland
2020s 32.1% 33.9% 1.8% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher central government spending as share of gdp, Brazil or Iceland?
Brazil, at 32.4% against 32.0% in Iceland as of 2023.
What is the difference in central government spending as share of gdp between Brazil and Iceland?
0.4%, with Brazil ahead.
How many years of comparable data are there for Brazil and Iceland?
14 years are reported by both, from 2010 to 2023.
How do Brazil and Iceland rank globally for central government spending as share of gdp?
Brazil ranks 52nd and Iceland ranks 53rd of 157 countries.
Where does this data come from?
International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data, published as Central government spending as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Brazil vs Iceland: Central government spending as share of GDP. Statizoid, drawing on International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data. Retrieved 30 August 2026, from https://economy.statizoid.com/compare/total-gov-expenditure-gdp-wdi/brazil/iceland/

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About this data

Indicator
Central government spending as share of GDP
Unit
% of GDP
Source
International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
157 places, 4,442 data points, 1972–2024
Last refreshed

Central government expense (cash payments for operating activities of the government in providing goods and services), as share of GDP. It excludes capital investment, such as infrastructure or equipment.