Government Spending in Iceland is expected to be 71612.00 ISK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Iceland to stand at 78463.00 in 12 months time. In the long-term, the Iceland Government Spending is projected to trend around 81666.00 ISK Million in 2020, according to our econometric models.


Forecast Data Chart
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Iceland Government Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 42.3 40 38 38 38 37
Government Budget 0 1.1 1 1 1 0.9
Government Budget Value 9.6 7.38 11.81 9.5 8.93 9.17
Government Spending 76178 79058 75810 78082 78235 85093
Government Spending to GDP 41.9 41.9 41.9 41.9 41.9 41.9
Government Revenues 275 279 282 281 280 281
Fiscal Expenditure 265 273 270 271 272 271
Credit Rating 55.45
Asylum Applications 60 66.71 64.63 66.03 65.99 66.17