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Government > Spending Stats: compare key data on Iceland & Maldives

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Definitions

  • Compensation of employees > % of expense: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Compensation of employees > Current LCU: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Expense > % of GDP: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Expense > Current LCU: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Goods and services expense > % of expense: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Goods and services expense > Current LCU: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Interest payments > % of expense: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > % of revenue: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > Current LCU: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Subsidies and other transfers > % of expense: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
  • Subsidies and other transfers > Current LCU: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
STAT Iceland Maldives HISTORY
Compensation of employees > % of expense 20.28%
Ranked 50th.
22.95%
Ranked 43th. 13% more than Iceland

Compensation of employees > Current LCU 133.05 billion
Ranked 26th. 73 times more than Maldives
1.82 billion
Ranked 80th.

Expense > % of GDP 44.4%
Ranked 6th.
49.24%
Ranked 2nd. 11% more than Iceland

Expense > Current LCU 656.12 billion
Ranked 27th. 83 times more than Maldives
7.94 billion
Ranked 76th.

Goods and services expense > % of expense 17.22%
Ranked 28th.
67.76%
Ranked 1st. 4 times more than Iceland

Goods and services expense > Current LCU 112.95 billion
Ranked 21st. 21 times more than Maldives
5.38 billion
Ranked 62nd.

Interest payments > % of expense 6.3%
Ranked 37th. 54% more than Maldives
4.1%
Ranked 51st.

Interest payments > % of revenue 8.61%
Ranked 26th. 2 times more than Maldives
4.22%
Ranked 47th.

Interest payments > Current LCU 41.32 billion
Ranked 28th. 127 times more than Maldives
325.4 million
Ranked 76th.

Subsidies and other transfers > % of expense 22.62%
Ranked 70th. 4 times more than Maldives
5.19%
Ranked 85th.

Subsidies and other transfers > Current LCU 148.43 billion
Ranked 36th. 360 times more than Maldives
412.3 million
Ranked 83th.

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files.; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

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