Iceland vs Namibia: Wage bill as a percentage of GDP

Iceland
14.9%
in 2022
Namibia
14.7%
in 2022
Iceland rank
13th
Namibia rank
15th

Wage bill as a percentage of GDP over time

  • Iceland
  • Namibia
051015200020112022

How they compare

Iceland currently reports 14.9% against 14.7% in Namibia, a difference of 0.2%.

The two have swapped places 4 times across 23 shared years of data; in 2000 it was Iceland ahead.

Iceland ranks 13th and Namibia ranks 15th of 190 countries.

Across the 3 decades both report, Iceland averaged higher in 1 and Namibia in 2.

Head to head by decade

Decade Iceland Namibia Difference Ahead
2000s 14.2% 12.2% 2.0% Iceland
2010s 13.6% 14.7% 1.1% Namibia
2020s 15.5% 15.9% 0.3% Namibia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher wage bill as a percentage of gdp, Iceland or Namibia?
Iceland, at 14.9% against 14.7% in Namibia as of 2022.
What is the difference in wage bill as a percentage of gdp between Iceland and Namibia?
0.2%, with Iceland ahead.
How many years of comparable data are there for Iceland and Namibia?
23 years are reported by both, from 2000 to 2022.
How do Iceland and Namibia rank globally for wage bill as a percentage of gdp?
Iceland ranks 13th and Namibia ranks 15th of 190 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.

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Iceland vs Namibia: Wage bill as a percentage of GDP. Statizoid. Retrieved 18 August 2026, from https://reference.statizoid.com/compare/wage-bill-as-a-percentage-of-gdp/iceland/namibia/

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About this data

Indicator
Wage bill as a percentage of GDP
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 4,104 data points, 2000–2022
Last refreshed