Cape Verde vs Iceland: Central government spending as share of GDP

Cape Verde
30.9%
in 2020
Iceland
32.0%
in 2023
Cape Verde rank
56th
Iceland rank
53rd

Central government spending as share of GDP over time

  • Cape Verde
  • Iceland
20304050197219972023

How they compare

Iceland currently reports 32.0% against 30.9% in Cape Verde, a difference of 1.1%.

Across all 16 years both countries report, Iceland has been ahead every year.

Cape Verde ranks 56th and Iceland ranks 53rd of 157 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Cape Verde Iceland Difference Ahead
2000s 22.5% 37.7% 15.3% Iceland
2010s 19.1% 33.9% 14.9% Iceland
2020s 30.9% 36.4% 5.5% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher central government spending as share of gdp, Cape Verde or Iceland?
Iceland, at 32.0% against 30.9% in Cape Verde as of 2023.
What is the difference in central government spending as share of gdp between Cape Verde and Iceland?
1.1%, with Iceland ahead.
How many years of comparable data are there for Cape Verde and Iceland?
16 years are reported by both, from 2005 to 2020.
How do Cape Verde and Iceland rank globally for central government spending as share of gdp?
Cape Verde ranks 56th 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.

Individual pages

Share, cite or embed this page

Cite this page

Cape Verde 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 29 August 2026, from https://economy.statizoid.com/compare/total-gov-expenditure-gdp-wdi/cabo-verde/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://economy.statizoid.com/compare/total-gov-expenditure-gdp-wdi/cabo-verde/iceland/">Cape Verde vs Iceland: Central government spending as share of GDP</a> — Statizoid

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.