Iceland Government Spending to GDP  Forecast


Government Spending to GDP in Iceland is expected to be 41.58 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 41.42 percent in 2020, according to our econometric models.


Iceland Government Spending to GDP
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Iceland Government Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 54 50.2 48.4 48.4 48.4 44.3
Government Budget 1.3 1.6 2 2 2 2.5
Government Budget Value 12.9 -15 -2.41 -5.15 0.88 -3.62
Government Spending 72134 71885 69065 71680 69194 70843
Government Spending to GDP 41.2 41.58 41.57 41.56 41.54 41.42
Government Revenues 269 251 246 241 236 209
Fiscal Expenditure 256 289 258 262 263 249
Credit Rating 55.45