Iceland Government Spending  Forecast


Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows clients to download millions of rows of historical data, to query our real-time economic calendar and to subscribe to updates.

Interested? Click here to contact us


Government Spending in Iceland is expected to be 71885.10 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 69194.04 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 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