Government Revenues in Iceland decreased to 316.40 ISK Billion in the first quarter of 2021 from 360.50 ISK Billion in the fourth quarter of 2020. source: Statistics Iceland

Government Revenues in Iceland averaged 210.84 ISK Billion from 2004 until 2021, 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 June of 2021.

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 2022 and 280.64 ISK Billion in 2023, according to our econometric models.

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Iceland Government Revenues

Actual Previous Highest Lowest Dates Unit Frequency
316.40 360.50 620.20 96.70 2004 - 2021 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 of GDP [+]
Government Budget -7.30 -1.50 12.50 -12.10 percent of GDP [+]
Government Budget Value -58.10 -33.20 373.20 -206.30 ISK Billion [+]
Government Spending 156606.00 162886.00 162886.00 43717.00 ISK Million [+]
Government Spending to GDP 49.70 43.40 63.40 34.10 percent of GDP [+]
Government Revenues 316.40 360.50 620.20 96.70 ISK Billion [+]
Fiscal Expenditure 374.50 393.60 393.60 97.80 ISK Billion [+]
Credit Rating 75.00 [+]
Asylum Applications 30.00 20.00 255.00 5.00 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.