ChartBasis

Government expense to GDP in Iceland

Latest: 32.0%
Previous: 32.6%
Change: -0.51 (-1.6%)
Reference period: Dec 31, 2023
Frequency: Annual
Unit: Percent

Government expense to GDP over time

Annual, Percent, Not seasonally adjusted

Source: World Bank

Observations for Government expense to GDP in Iceland
Date	Value
Dec 31, 1966	—
Dec 31, 1967	—
Dec 31, 1968	—
Dec 31, 1969	—
Dec 31, 1970	—
Dec 31, 1971	—
Dec 31, 1972	22.1%
Dec 31, 1973	22.9%
Dec 31, 1974	25.9%
Dec 31, 1975	25.5%
Dec 31, 1976	21.8%
Dec 31, 1977	21.7%
Dec 31, 1978	22.8%
Dec 31, 1979	23.8%
Dec 31, 1980	22.1%
Dec 31, 1981	22.6%
Dec 31, 1982	23.5%
Dec 31, 1983	25.0%
Dec 31, 1984	22.4%
Dec 31, 1985	24.3%
Dec 31, 1986	26.9%
Dec 31, 1987	25.8%
Dec 31, 1988	28.8%
Dec 31, 1989	30.3%
Dec 31, 1990	28.4%
Dec 31, 1991	29.6%
Dec 31, 1992	30.0%
Dec 31, 1993	29.3%
Dec 31, 1994	29.0%
Dec 31, 1995	29.2%
Dec 31, 1996	28.9%
Dec 31, 1997	26.7%
Dec 31, 1998	28.9%
Dec 31, 1999	29.5%
Dec 31, 2000	29.0%
Dec 31, 2001	29.3%
Dec 31, 2002	30.1%
Dec 31, 2003	31.6%
Dec 31, 2004	30.2%
Dec 31, 2005	32.7%
Dec 31, 2006	32.3%
Dec 31, 2007	31.9%
Dec 31, 2008	50.3%
Dec 31, 2009	41.5%
Dec 31, 2010	37.5%
Dec 31, 2011	38.0%
Dec 31, 2012	36.6%
Dec 31, 2013	34.4%
Dec 31, 2014	34.0%
Dec 31, 2015	31.9%
Dec 31, 2016	35.0%
Dec 31, 2017	31.0%
Dec 31, 2018	30.4%
Dec 31, 2019	30.7%
Dec 31, 2020	36.4%
Dec 31, 2021	34.7%
Dec 31, 2022	32.6%
Dec 31, 2023	32.0%
Dec 31, 2024	—
Dec 31, 2025	—

About this indicator

Source: World Bank (opens in a new tab)

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