Colombia vs Iceland: Government spending by function

Colombia
25.1%
in 2023
Iceland
23.9%
in 2023
Colombia rank
34th
Iceland rank
36th

Government spending by function over time

  • Colombia
  • Iceland
0102030200720152023

How they compare

Colombia currently reports 25.1% against 23.9% in Iceland, a difference of 1.2%.

That makes Colombia's figure about 1.1 times Iceland's.

The two have swapped places 4 times across 15 shared years of data; in 2009 it was Colombia ahead.

Colombia ranks 34th and Iceland ranks 36th of 37 countries.

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

Head to head by decade

Decade Colombia Iceland Difference Ahead
2000s 28.2% 20.0% 8.2% Colombia
2010s 27.0% 22.5% 4.5% Colombia
2020s 25.6% 25.3% 0.3% Colombia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government spending by function, Colombia or Iceland?
Colombia, at 25.1% against 23.9% in Iceland as of 2023.
What is the difference in government spending by function between Colombia and Iceland?
1.2%, with Colombia ahead.
How many years of comparable data are there for Colombia and Iceland?
15 years are reported by both, from 2009 to 2023.
How do Colombia and Iceland rank globally for government spending by function?
Colombia ranks 34th and Iceland ranks 36th of 37 countries.
Where does this data come from?
OECD (2026) – with minor processing by Our World in Data, published as Government spending by function. 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

Colombia vs Iceland: Government spending by function. Statizoid, drawing on OECD (2026) – with minor processing by Our World in Data. Retrieved 25 September 2026, from https://reference.statizoid.com/compare/government-spending-by-function/colombia/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://reference.statizoid.com/compare/government-spending-by-function/colombia/iceland/">Colombia vs Iceland: Government spending by function</a> β€” Statizoid

About this data

Indicator
Government spending by function
Unit
% of government expenditure
Source
OECD (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
37 places, 618 data points, 2007–2024
Last refreshed

General government expenditure on social protection. This data is divided by total government expenditure, expressed as a percentage.