Iceland Government Spending - Forecast

Government Spending in Iceland is expected to be 73728.00 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 71600.00 in 12 months time. In the long-term, the Iceland Government Spending is projected to trend around 81586.00 ISK Million in 2020, according to our econometric models.


Iceland Government Spending
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Iceland Government Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 42.3 40 40 38 38 37
Government Budget 1.5 1.1 1.1 0.9 0.9 0.7
Government Budget Value 9.6 8.57 7.38 11.81 9.5 9.17
Government Spending 71623 71542 77128 74989 74671 81586
Government Spending to GDP 41.9 43.76 43.71 43.52 43.33 43.52
Government Revenues 275 280 279 282 281 281
Fiscal Expenditure 265 272 273 270 271 271
Credit Rating 55.45
Asylum Applications 45 65.02 67.18 67.85 68.07 68.33