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Iceland: Central government deficit (% of GDP)

Percent of GDP · 1990–2025 · 36 observations · cgovdef_GDP

2025
−2.00%percent of GDP
Change on 2024
+1.5 pointsfrom −3.50%
Average, 2016–2025
−1.04%10 years
Record high and low
12.2% (2016)low −11.5% (2008)

Central government deficit (% of GDP)

Report error
-15%-10%-5%0%5%10%15%19901995200020052010201520202025IcelandIceland
Percent of GDP

Compare with other countries →Definition of Central government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2025-2.00
2024-3.50
2023-1.30
2022-2.90
2021-7.20
2020-8.10
2019-1.10
20181.30
20172.20
201612.2

Sources

  • IMF Government Finance Statistics1990–2023
  • World Development Indicators1990–2023
  • Eurostat1998–2025

Compare these sources →

Iceland documentation (PDF)

More for Iceland

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Central government deficit (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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