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

Government Spending in Iceland increased to 72134 ISK Million in the second quarter of 2017 from 68822 ISK Million in the first quarter of 2017. Government Spending in Iceland averaged 61882.65 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 72134.00 68822.00 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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
72134.00 68822.00 72687.00 45033.00 1997 - 2017 ISK Million Quarterly
Constant Prices, NSA




government spending by Country

Last
Australia 80079.00 Jun/17
Brazil 109282.24 Jul/17
Canada 353717.00 Jun/17
China 187841.00 Dec/16
Euro Area 534.68 Jun/17
France 130133.00 Jun/17
Germany 140.11 Jun/17
India 3910.80 Jun/17
Indonesia 183922.00 Jun/17
Italy 78986.00 Jun/17
Japan 106215.20 Jun/17
Mexico 1555633.00 Jun/17
Netherlands 42035.00 Jun/17
Russia 3875.50 Mar/17
South Korea 56774.50 Jun/17
Spain 53081.00 Jun/17
Switzerland 19847.24 Jun/17
Turkey 53457433.60 Jun/17
United Kingdom 92538.00 Jun/17
United States 2894.30 Jun/17