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Iceland: Central government expenditure (% of GDP)

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

2025
32.4%percent of GDP
Change on 2024
−2.0 pointsfrom 34.4%
Average, 2016–2025
33.7%10 years
Record high and low
51.2% (2008)low 21.4% (1997)

Central government expenditure (% of GDP)

Report error
20%25%30%35%40%45%50%55%19901995200020052010201520202025IcelandIceland
Percent of GDP

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

Recent values

Percent of GDP

YearValue
202532.4
202434.4
202332.8
202233.9
202135.8
202037.3
201931.5
201831.7
201731.4
201635.5

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 expenditure (% 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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