Iceland Government Spending  1997-2017 | Data | Chart | Calendar

Government Spending in Iceland increased to 72166 ISK Million in the fourth quarter of 2016 from 68104 ISK Million in the third quarter of 2016. Government Spending in Iceland averaged 61654.84 ISK Million from 1997 until 2016, reaching an all time high of 72353 ISK Million in the second quarter of 2008 and a record low of 45049 ISK Million in the first quarter of 1997.

Iceland Government Spending
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Iceland Government Last Previous Highest Lowest Unit
Government Debt to GDP 68.50 82.50 95.10 23.00 percent [+]
Government Budget -0.50 -0.10 5.90 -13.10 percent of GDP [+]
Government Budget Value -94815.00 -17538.00 56275.00 -199398.00 ISK Million [+]
Government Spending 72166.00 68104.00 72353.00 45049.00 ISK Million [+]
Government Spending to GDP 41.20 42.90 55.30 34.10 percent [+]
Government Revenues 101348.00 35419.00 101348.00 7463.00 ISK Million [+]
Fiscal Expenditure 196163.00 52957.00 251416.00 6452.00 ISK Million [+]
Credit Rating 55.45 [+]


Iceland Government Spending Notes

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Iceland Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Government Spending - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
72166.00 68104.00 72353.00 45049.00 1997 - 2016 ISK Million Quarterly
Constant Prices, NSA



government spending by Country

Last
Australia 77999.00 Dec/16
Brazil 98547.60 Mar/17
Canada 351614.00 Dec/16
China 187841.00 Dec/16
Euro Area 531.23 Dec/16
France 130096.00 Mar/17
Germany 139.03 Dec/16
India 3165.95 Dec/16
Indonesia 142202.92 Mar/17
Italy 78635.41 Dec/16
Japan 106255.10 Mar/17
Mexico 1623290.00 Dec/16
Netherlands 42042.00 Mar/17
Russia 2686.80 Dec/16
South Korea 56152.00 Mar/17
Spain 52909.00 Mar/17
Switzerland 18297.50 Dec/16
Turkey 62216677.90 Dec/16
United Kingdom 91294.00 Dec/16
United States 2899.30 Mar/17