Oecd expenditures on government outsourcing gdp in Iceland
Iceland: Oecd expenditures on government outsourcing gdp was 11.51 in 2024. ▼ Falling
Latest (2024)
11.51
Change on year
up 4.0%
World rank
13th
of 43 countries
All-time high
11.84
in 2009
All-time low
10.22
in 2016
Years of data
16
2009–2024
Oecd expenditures on government outsourcing gdp in Iceland, 2009–2024
Source: Our World in Data.
Analysis
In 2024, oecd expenditures on government outsourcing gdp in Iceland stood at 11.51.
The figure is up 4.0% on the previous year and up 3.2% over ten years.
Over the whole period, oecd expenditures on government outsourcing gdp in Iceland peaked at 11.84 in 2009 and was at its lowest, 10.22, in 2016.
Iceland ranks 13th of 43 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Oecd expenditures on government outsourcing gdp in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | 11.84 | — |
| 2010 | 11.69 | -1.3% |
| 2011 | 11.79 | +0.9% |
| 2012 | 11.72 | -0.6% |
| 2013 | 11.43 | -2.4% |
| 2014 | 11.15 | -2.4% |
| 2015 | 10.62 | -4.8% |
| 2016 | 10.22 | -3.8% |
| 2017 | 10.29 | +0.7% |
| 2018 | 10.48 | +1.8% |
| 2019 | 10.51 | +0.3% |
| 2020 | 11.56 | +10.1% |
| 2021 | 11.64 | +0.7% |
| 2022 | 10.94 | -6.0% |
| 2023 | 11.07 | +1.2% |
| 2024 | 11.51 | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.84 | 11.84 | 11.84 | 1 |
| 2010s | 10.99 | 10.22 | 11.79 | 10 |
| 2020s | 11.34 | 10.94 | 11.64 | 5 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- GDP (current US$), annual growth rate 16.26 % change on previous year (2025)
- GDP (current US$), per capita 98,323 current US$ per person (2025)
- GDP (current LCU), annual growth rate 8.24 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 128.44 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 12.63 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.28 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5991 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 58,910 constant 2015 US$ per person (2025)
Frequently asked questions
- What is oecd expenditures on government outsourcing gdp in Iceland?
- Oecd expenditures on government outsourcing gdp in Iceland was 11.51 in 2024, according to Our World in Data.
- What is the highest oecd expenditures on government outsourcing gdp recorded in Iceland?
- The highest recorded value was 11.84 in 2009.
- What is the lowest oecd expenditures on government outsourcing gdp recorded in Iceland?
- The lowest recorded value was 10.22 in 2016.
- How does Iceland rank for oecd expenditures on government outsourcing gdp?
- Iceland ranks 13th out of 43 countries with data for 2024.
- Is oecd expenditures on government outsourcing gdp rising or falling in Iceland?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Oecd expenditures on government outsourcing gdp. Statizoid updates them automatically from the source API.
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