Iceland vs Luxembourg: General government expenditure by function (COFOG)

Iceland
2,860
in 2024
Luxembourg
4,182
in 2025
Iceland rank
32nd
Luxembourg rank
29th

General government expenditure by function (COFOG) over time

  • Iceland
  • Luxembourg
1.0k2.0k3.0k4.0k199520102025

How they compare

Luxembourg currently reports 4,182 against 2,860 in Iceland, a difference of 1,322.

That makes Luxembourg's figure about 1.5 times Iceland's.

The two have swapped places 2 times across 27 shared years of data; in 1998 it was Luxembourg ahead.

Iceland ranks 32nd and Luxembourg ranks 29th of 38 countries.

Luxembourg has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Luxembourg Difference Ahead
1990s 623.9 715.95 92.05 Luxembourg
2000s 1,049 1,223 173.74 Luxembourg
2010s 1,448 2,129 681.08 Luxembourg
2020s 2,385 3,373 987.4 Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher general government expenditure by function, Iceland or Luxembourg?
Luxembourg, at 4,182 against 2,860 in Iceland as of 2025.
What is the difference in general government expenditure by function between Iceland and Luxembourg?
1,322, with Luxembourg ahead.
How many years of comparable data are there for Iceland and Luxembourg?
27 years are reported by both, from 1998 to 2024.
How do Iceland and Luxembourg rank globally for general government expenditure by function?
Iceland ranks 32nd and Luxembourg ranks 29th of 38 countries.
Where does this data come from?
Eurostat, published as General government expenditure by function (COFOG). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Luxembourg: General government expenditure by function. Statizoid, drawing on Eurostat. Retrieved 14 November 2026, from https://reference.statizoid.com/compare/general-government-expenditure-by-function-cofog/iceland/luxembourg/

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About this data

Indicator
General government expenditure by function (COFOG)
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
42 places, 1,173 data points, 1990–2025
Last refreshed