Government Revenues in Iceland increased to 279.70 ISK Billion in the second quarter of 2020 from 268.10 ISK Billion in the first quarter of 2020.

Government Revenues in Iceland averaged 205.65 ISK Billion from 2004 until 2020, reaching an all time high of 620.20 ISK Billion in the first quarter of 2016 and a record low of 96.70 ISK Billion in the first quarter of 2004. This page provides - Iceland Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Government Revenues - values, historical data and charts - was last updated on October of 2020.

Government Revenues in Iceland is expected to be 280.89 ISK Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Revenues in Iceland to stand at 280.61 in 12 months time. In the long-term, the Iceland Government Revenues is projected to trend around 280.65 ISK Billion in 2021 and 280.64 ISK Billion in 2022, according to our econometric models.

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Iceland Government Revenues

Actual Previous Highest Lowest Dates Unit Frequency
279.70 268.10 620.20 96.70 2004 - 2020 ISK Billion Quarterly
Current Prices, NSA

Iceland Government Last Previous Highest Lowest Unit
Government Debt to GDP 37.00 37.40 92.10 23.03 percent [+]
Government Budget -1.00 0.80 12.40 -12.90 percent of GDP [+]
Government Budget Value -78.40 -32.20 373.20 -206.30 ISK Billion [+]
Government Spending 83085.00 78582.00 83594.00 43717.00 ISK Million [+]
Government Spending to GDP 41.90 42.30 54.50 34.10 percent [+]
Government Revenues 279.70 268.10 620.20 96.70 ISK Billion [+]
Fiscal Expenditure 358.00 300.30 370.50 97.80 ISK Billion [+]
Credit Rating 75.00 [+]
Asylum Applications 60.00 95.00 255.00 0.00 persons [+]


Iceland Government Revenues
Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation.