Eritrea vs Iceland: Wage bill as a percentage of GDP
Eritrea
16.5%
in 2022
Iceland
14.9%
in 2022
Eritrea rank
10th
Iceland rank
13th
Wage bill as a percentage of GDP over time
- Eritrea
- Iceland
How they compare
Eritrea currently reports 16.5% against 14.9% in Iceland, a difference of 1.6%.
That makes Eritrea's figure about 1.1 times Iceland's.
The two have swapped places 6 times across 23 shared years of data; in 2000 it was Eritrea ahead.
Eritrea ranks 10th and Iceland ranks 13th of 191 countries.
Across the 3 decades both report, Eritrea averaged higher in 2 and Iceland in 1.
Head to head by decade
| Decade | Eritrea | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 17.3% | 14.2% | 3.1% | Eritrea |
| 2010s | 9.7% | 13.6% | 3.9% | Iceland |
| 2020s | 15.9% | 15.5% | 0.4% | Eritrea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher wage bill as a percentage of gdp, Eritrea or Iceland?
- Eritrea, at 16.5% against 14.9% in Iceland as of 2022.
- What is the difference in wage bill as a percentage of gdp between Eritrea and Iceland?
- 1.6%, with Eritrea ahead.
- How many years of comparable data are there for Eritrea and Iceland?
- 23 years are reported by both, from 2000 to 2022.
- How do Eritrea and Iceland rank globally for wage bill as a percentage of gdp?
- Eritrea ranks 10th and Iceland ranks 13th of 191 countries.
- Where does this data come from?
- The World Bank, published as Wage bill as a percentage of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.