Iceland Government Spending - Forecast

Government Spending in Iceland is expected to be 70286.88 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 71978.02 in 12 months time. In the long-term, the Iceland Government Spending is projected to trend around 71451.75 ISK Million in 2020, according to our econometric models.


Iceland Government Spending
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Iceland Government Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 54 48.4 48.4 48.4 48.4 44.3
Government Budget 1.3 2 2 2 2 2.5
Government Budget Value 12.9 -2.41 -5.15 0.88 -4.79 -3.62
Government Spending 70326 70287 72087 70334 71978 71452
Government Spending to GDP 41.2 42.77 42.38 41.98 41.58 41.42
Government Revenues 269 246 241 236 232 209
Fiscal Expenditure 256 258 262 263 266 249
Credit Rating 55.45
Asylum Applications 80 78.3 72.43 73.41 73.34 73.24