Iceland Government Spending  Forecast


Government Spending in Iceland is expected to be 68834.34 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 71679.95 in 12 months time. In the long-term, the Iceland Government Spending is projected to trend around 70843.47 ISK Million in 2020, according to our econometric models.


Iceland Government Spending
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Iceland Government Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 54 50.2 50.2 48.4 48.4 44.3
Government Budget 1.3 -0.65 -0.45 -0.68 -0.91 -2.56
Government Budget Value 12.9 64.1 39.54 27.89 24.58 33.47
Government Spending 72134 68834 71885 69065 71680 70843
Government Spending to GDP 41.2 42.72 42.26 42.29 42.31 42.71
Government Revenues 269 265 291 317 277 296
Fiscal Expenditure 256 277 301 272 283 282
Credit Rating 55.45