Government spending in Iceland was last recorded at 41.7 percent of GDP in 2018 . Government Spending to GDP in Iceland averaged 41.69 percent from 1980 until 2018, reaching an all time high of 54.50 percent in 2008 and a record low of 34.10 percent in 1980.

Government Spending to GDP in Iceland is expected to be 41.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Government Spending to GDP is projected to trend around 41.00 percent in 2020, according to our econometric models.

Iceland Government Spending to GDP
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Forecast Data Chart
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Iceland Government Last Previous Highest Lowest Unit
Government Debt to GDP 37.70 43.10 92.10 23.03 percent [+]
Government Budget 1.10 0.50 12.40 -12.90 percent of GDP [+]
Government Budget Value 6.10 1.90 373.20 -206.30 ISK Billion [+]
Government Spending 79869.00 76637.00 79869.00 43717.00 ISK Million [+]
Government Spending to GDP 41.70 43.30 54.50 34.10 percent [+]
Government Revenues 308.50 287.70 620.20 96.70 ISK Billion [+]
Fiscal Expenditure 302.30 285.80 370.50 97.80 ISK Billion [+]
Credit Rating 55.45 [+]
Asylum Applications 75.00 70.00 255.00 5.00 persons [+]


Iceland Government Spending to GDP

This page provides the latest reported value for - Iceland Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Government Spending to GDP - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
41.70 43.30 54.50 34.10 1980 - 2018 percent Yearly




Country Last Previous
France 56.00 Dec/18
Italy 48.60 Dec/18
Euro Area 46.80 Dec/18
Germany 43.90 Dec/18
Netherlands 42.20 Dec/18
Spain 41.30 Dec/18
Japan 38.90 Dec/17
United Kingdom 38.50 Dec/18
United States 38.00 Dec/17
Switzerland 32.50 Dec/18
South Korea 32.26 Dec/16
India 13.04 Dec/18


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