Public Sector in Iceland 226 indicators covering public sector for Iceland. IndicatorLatest Year10-yr change Rank Social benefits, Ratio of this level of government's expenditure on 0.0856 2020 down 53.8% 64th Taxes on property, Ratio of this level of government's revenue from 0.1588 2020 down 19.8% 27th Subsidies, payable, Ratio of this level of government's expenditure 0.9772 2020 up 1.1% 20th Excises, Ratio of this level of government's revenue from this item 1 2020 unchanged 1st Value-added tax (VAT), Ratio of this level of government's revenue 1 2020 unchanged 3rd Other taxes, Ratio of this level of government's revenue from this 1 2020 unchanged 2nd Size of public procurement - government at a glance indicators, 2025 15.61 Percentage of GDP 2024 up 9.5% 10th Other revenue, Ratio of this level of government's revenue from this 0.695 2020 down 11.7% 36th Revenue decentralization, Percent 0.6996 2020 down 7.0% 29th Health, Ratio of this level of government's expenditure on this item 1.01 2020 down 1.3% 2nd Education, Ratio of this level of government's expenditure on this 0.3542 2020 down 5.4% 43rd General public services, Ratio of this level of government's 0.9162 2020 down 6.0% 50th Economic affairs, Ratio of this level of government's expenditure on 0.8045 2020 down 8.5% 32nd Social protection, Ratio of this level of government's expenditure on 0.7844 2020 down 0.6% 16th Recreation, culture and religion, Ratio of this level of government's 0.3229 2020 down 0.3% 45th Public order and safety, Ratio of this level of government's 0.9377 2020 up 1.6% 29th Housing and community amenities, Ratio of this level of government's 0.3587 2020 up 390.8% 28th Defence, Ratio of this level of government's expenditure on this item 1 2020 unchanged 11th Environmental protection, Ratio of this level of government's 0.5812 2020 up 6.3% 22nd Deficit, Percent of own spending -0.3384 2020 down 58.9% 43rd Transfer dependency method 2, Ratio of net transfers to own revenue -0.4641 2020 down 53.7% 49th Bibliometric indicators, by Sustainable Development Goals (SDGs) 57.98 Scientific publications 2024 up 44.3% 46th Transfer dependency method 1, Ratio of net transfers to own spending -0.573 2020 down 68.3% 48th Vertical fiscal imbalance, Percent -0.2346 2020 down 84.0% 48th Expenditure decentralization (ratio of own spending to general) 0.4698 2020 down 18.5% 46th Consumption of fixed capital (CFC), Ratio of this level of 0.7296 2020 unchanged 12th NAAG Chapter 6: General Government — Intermediate consumption by 9.27 Percentage of GDP 2025 up 5.0% 2nd NAAG Chapter 6: General Government — Other expenditure by general 8.02 Percentage of GDP 2025 down 22.3% 12th Other expense, Ratio of this level of government's expenditure on 0.7795 2020 down 6.1% 34th Annual government deficit/surplus, revenue, expenditure and main 846,616 Domestic currency (incl. conversion to current currency made using a fixed parit 2025 up 121.4% 13th Size of public procurement - Government at a glance indicators, 2023 15.51 Percentage of GDP 2022 up 7.8% 8th Net official development assistance (ODA) from OECD-DAC countries, by 114.19 2025 up 97.6% 43rd Asset-backed pensions - main database — Employee contributions 10.11 Percentage change 2024 up 28.1% 11th Asset-backed pensions - main database — Employer contributions 6.41 Percentage change 2024 up 5.2% 18th Net official development assistance (ODA) to small island states 0.6733 2024 up 154.3% 43rd Net official development assistance (ODA) to landlocked developing 27.51 2024 up 79.9% 35th Net official development assistance (ODA) to LDCs from OECD-DAC 40.38 2024 up 94.3% 35th Taxes on payroll and workforce, Ratio of this level of government's 1 2020 unchanged 2nd Asset-backed pensions - main database — Net technical provisions 1.28 Percentage change 2016 down 85.3% 12th Net official development assistance (ODA) to LDCs as a percentage of 0.1% 2024 up 34.8% 7th Net official development assistance (ODA) to landlocked developing 0.1% 2024 up 24.7% 6th Net official development assistance (ODA) to small island states 0.0% 2024 up 81.8% 31st Official development assistance (ODA) from OECD-DAC countries on 114.19 2025 up 39.0% 42nd Official development assistance (ODA) as a percentage of OECD-DAC 0.3% 2025 up 18.4% 20th Proportion of Seats Held By Women in Local Government 51.28 2023 up 28.7% 1st Net official development assistance (ODA) as a percentage of OECD-DAC 0.3% 2017 up 7.0% 20th ← Previous Page 4 of 4