Iceland vs Türkiye: Central government spending as share of GDP

Iceland
32.0%
in 2023
Türkiye
33.0%
in 2023
Iceland rank
53rd
Türkiye rank
50th

Central government spending as share of GDP over time

  • Iceland
  • Türkiye
1020304050197219972023

How they compare

Türkiye currently reports 33.0% against 32.0% in Iceland, a difference of 1.0%.

The two have swapped places 3 times across 42 shared years of data; in 1972 it was Iceland ahead.

Iceland ranks 53rd and Türkiye ranks 50th of 157 countries.

Iceland has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Iceland Türkiye Difference Ahead
1970s 23.3% 15.2% 8.1% Iceland
1980s 25.4% 15.8% 9.5% Iceland
1990s 28.9% 19.3% 9.6% Iceland
2000s 45.9% 32.7% 13.2% Iceland
2010s 33.9% 31.0% 3.0% Iceland
2020s 33.9% 31.4% 2.5% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher central government spending as share of gdp, Iceland or Türkiye?
Türkiye, at 33.0% against 32.0% in Iceland as of 2023.
What is the difference in central government spending as share of gdp between Iceland and Türkiye?
1.0%, with Türkiye ahead.
How many years of comparable data are there for Iceland and Türkiye?
42 years are reported by both, from 1972 to 2023.
How do Iceland and Türkiye rank globally for central government spending as share of gdp?
Iceland ranks 53rd and Türkiye ranks 50th 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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Iceland vs Türkiye: 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 03 September 2026, from https://economy.statizoid.com/compare/total-gov-expenditure-gdp-wdi/iceland/turkiye/

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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.