Iceland vs Republic of Korea: Share of GBARD in total general government expenditure
Iceland
2.32
in 2025
Republic of Korea
3.74
in 2015
Iceland rank
3rd
Republic of Korea rank
1st
Share of GBARD in total general government expenditure over time
- Iceland
- Republic of Korea
How they compare
Republic of Korea currently reports 3.74 against 2.32 in Iceland, a difference of 1.42.
That makes Republic of Korea's figure about 1.6 times Iceland's.
The two have swapped places 2 times across 17 shared years of data; in 1999 it was Republic of Korea ahead.
Iceland ranks 3rd and Republic of Korea ranks 1st of 35 countries.
Republic of Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.08 | 2.21 | 0.13 | Republic of Korea |
| 2000s | 1.88 | 2.73 | 0.849 | Republic of Korea |
| 2010s | 1.78 | 3.62 | 1.84 | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of gbard in total general government expenditure, Iceland or Republic of Korea?
- Republic of Korea, at 3.74 against 2.32 in Iceland as of 2015.
- What is the difference in share of gbard in total general government expenditure between Iceland and Republic of Korea?
- 1.42, with Republic of Korea ahead.
- How many years of comparable data are there for Iceland and Republic of Korea?
- 17 years are reported by both, from 1999 to 2015.
- How do Iceland and Republic of Korea rank globally for share of gbard in total general government expenditure?
- Iceland ranks 3rd and Republic of Korea ranks 1st of 35 countries.
- Where does this data come from?
- Eurostat, published as Share of GBARD in total general government expenditure. Statizoid refreshes it automatically from the source and publishes the full history for both places.