Iceland Government Budget - Forecast

Government Budget in Iceland is expected to be 1.10 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Government Budget is projected to trend around 0.70 percent of GDP in 2020, according to our econometric models.


Forecast Data Chart
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Iceland Government Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 42.3 40 38 38 38 37
Government Budget 1.5 1.1 0.9 0.9 0.9 0.7
Government Budget Value 9.6 7.38 11.81 9.5 8.93 9.17
Government Spending 76178 79058 75810 78082 78235 85093
Government Spending to GDP 41.9 41.9 41.9 41.9 41.9 41.9
Government Revenues 275 279 282 281 280 281
Fiscal Expenditure 265 273 270 271 272 271
Credit Rating 55.45
Asylum Applications 60 66.71 64.63 66.03 65.99 66.17