Iceland Government Spending  1997-2018 | Data | Chart | Calendar

Government Spending in Iceland decreased to 70326 ISK Million in the third quarter of 2017 from 72134 ISK Million in the second quarter of 2017. Government Spending in Iceland averaged 61984.37 ISK Million from 1997 until 2017, reaching an all time high of 72687 ISK Million in the fourth quarter of 2016 and a record low of 45033 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 54.00 68.10 95.10 23.00 percent [+]
Government Budget 1.30 -0.80 5.90 -13.00 percent of GDP [+]
Government Budget Value 12.90 22.10 375.00 -206.30 ISK Billion [+]
Government Spending 70326.00 72134.00 72687.00 45033.00 ISK Million [+]
Government Spending to GDP 41.20 42.90 55.30 34.10 percent [+]
Government Revenues 269.30 265.30 618.90 96.70 ISK Billion [+]
Fiscal Expenditure 256.40 243.20 372.40 97.80 ISK Billion [+]
Credit Rating 55.45 [+]


Iceland Government Spending

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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
70326.00 72134.00 72687.00 45033.00 1997 - 2017 ISK Million Quarterly
Constant Prices, NSA




government spending by Country
Country Last
Australia 81684.00 Sep/17
Brazil 105371.40 Nov/17
Canada 358066.00 Sep/17
China 187841.00 Dec/16
Euro Area 535.69 Sep/17
France 131054.10 Sep/17
Germany 139.50 Sep/17
India 3962.84 Sep/17
Indonesia 193654.89 Sep/17
Italy 79135.20 Sep/17
Japan 106160.90 Sep/17
Mexico 2089840.06 Sep/17
Netherlands 42032.00 Sep/17
Russia 3908.40 Sep/17
South Korea 58078.80 Sep/17
Spain 53571.00 Sep/17
Switzerland 19934.98 Sep/17
Turkey 51715524.70 Sep/17
United Kingdom 91509.00 Sep/17
United States 2899.97 Sep/17


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