Iceland Government Spending to GDP

Government spending in Iceland was last recorded at 41.7 percent of GDP in 2018 . Government Spending to GDP in Iceland averaged 41.69 percent from 1980 until 2018, reaching an all time high of 54.50 percent in 2008 and a record low of 34.10 percent in 1980.

Government Spending to GDP in Iceland is expected to be 41.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Government Spending to GDP is projected to trend around 41.00 percent in 2020, according to our econometric models.

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Iceland Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	37.70	43.10	92.10	23.03	percent	[+]
Government Budget	1.10	0.50	12.40	-12.90	percent of GDP	[+]
Government Budget Value	1.80	5.10	373.20	-206.30	ISK Billion	[+]
Government Spending	76527.00	79056.00	79056.00	44951.00	ISK Million	[+]
Government Spending to GDP	41.70	43.30	54.50	34.10	percent	[+]
Government Revenues	297.80	290.20	620.20	96.70	ISK Billion	[+]
Fiscal Expenditure	296.00	285.10	370.50	97.80	ISK Billion	[+]
Credit Rating	55.45					[+]
Asylum Applications	70.00	65.00	255.00	5.00	persons	[+]

This page provides the latest reported value for - Iceland Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Government Spending to GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	41.70	43.30	54.50	34.10	1980 - 2018	percent	Yearly

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Country	Last		Previous	Range
France	56.00	Dec/18	56.4	57.2 : 45.2	%
Italy	48.60	Dec/18	48.9	56 : 46.6	%
Euro Area	46.80	Dec/18	47	52.8 : 45.4	%
Germany	43.90	Dec/18	43.9	54.7 : 42.8	%
Netherlands	42.20	Dec/18	42.5	59.3 : 42.2	%
Spain	41.30	Dec/18	41	48.1 : 38.3	%
Japan	38.90	Dec/17	39.05	40.91 : 35.03	%
United Kingdom	38.50	Dec/18	38.8	46.4 : 34.1	%
United States	38.00	Dec/17	38.2	43.3 : 33.4	%
Switzerland	32.50	Dec/18	33	34.7 : 28.2	%
South Korea	32.26	Dec/16	32.3	34.9 : 18.6	%
India	13.04	Dec/18	13.22	19.42 : 11.81	%