Iceland vs South Korea: Share of GBARD in total general government expenditure
Iceland
2.3%
in 2025
South Korea
3.7%
in 2015
Iceland rank
4th
South Korea rank
1st
Share of GBARD in total general government expenditure over time
- Iceland
- South Korea
How they compare
South Korea currently reports 3.7% against 2.3% in Iceland, a difference of 1.4%.
That makes South 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 South Korea ahead.
Iceland ranks 4th and South Korea ranks 1st of 47 countries.
South Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.1% | 2.2% | 0.1% | South Korea |
| 2000s | 1.9% | 2.7% | 0.8% | South Korea |
| 2010s | 1.8% | 3.6% | 1.8% | South 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 South Korea?
- South Korea, at 3.7% against 2.3% in Iceland as of 2015.
- What is the difference in share of gbard in total general government expenditure between Iceland and South Korea?
- 1.4%, with South Korea ahead.
- How many years of comparable data are there for Iceland and South Korea?
- 17 years are reported by both, from 1999 to 2015.
- How do Iceland and South Korea rank globally for share of gbard in total general government expenditure?
- Iceland ranks 4th and South Korea ranks 1st of 47 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.