Iceland vs New Zealand: Share of government consumption in GDP vs. share of population living in extreme poverty
Iceland
24.8%
in 2023
New Zealand
24.9%
in 2023
Iceland rank
43rd
New Zealand rank
41st
Share of government consumption in GDP vs. share of population living in extreme poverty over time
- Iceland
- New Zealand
How they compare
New Zealand currently reports 24.9% against 24.8% in Iceland, a difference of 0.1%.
The two have swapped places 2 times across 74 shared years of data; in 1950 it was New Zealand ahead.
Iceland ranks 43rd and New Zealand ranks 41st of 184 countries.
Across the 8 decades both report, Iceland averaged higher in 4 and New Zealand in 4.
Head to head by decade
| Decade | Iceland | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1950s | 9.8% | 15.9% | 6.2% | New Zealand |
| 1960s | 11.4% | 16.6% | 5.2% | New Zealand |
| 1970s | 15.3% | 19.7% | 4.4% | New Zealand |
| 1980s | 17.8% | 20.8% | 3.1% | New Zealand |
| 1990s | 20.6% | 16.8% | 3.8% | Iceland |
| 2000s | 22.7% | 17.8% | 4.9% | Iceland |
| 2010s | 24.6% | 20.5% | 4.1% | Iceland |
| 2020s | 26.5% | 24.9% | 1.6% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government consumption in gdp vs. share of population living in extreme poverty, Iceland or New Zealand?
- New Zealand, at 24.9% against 24.8% in Iceland as of 2023.
- What is the difference in share of government consumption in gdp vs. share of population living in extreme poverty between Iceland and New Zealand?
- 0.1%, with New Zealand ahead.
- How many years of comparable data are there for Iceland and New Zealand?
- 74 years are reported by both, from 1950 to 2023.
- How do Iceland and New Zealand rank globally for share of government consumption in gdp vs. share of population living in extreme poverty?
- Iceland ranks 43rd and New Zealand ranks 41st of 184 countries.
- Where does this data come from?
- Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as Share of government consumption in GDP vs. share of population living in extreme poverty. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Government consumption divided by gross domestic product, expressed as a percentage.