Commercial users: see the World Economic Database from our partners at Anansi Data Analytics

Iceland: Government deficit

Millions of local currency · 1945–2025 · 81 observations · forecasts to 2031 · govdef

2025
−119 billionlocal currency

Government deficit

Report error
-300B-200B-100B0100B200B300B400B1960198020002020IcelandIceland
ForecastLocal currency

Compare with other countries →Definition of Government deficit

Recent values

Millions of local currency

YearValue
2031-3,251Forecast
2030-5,402Forecast
2029-7,563Forecast
2028-14,119Forecast
2027-10,386Forecast
2026-93,841Forecast
2025-118,934
2024-192,291
2023-91,834
2022-149,984
2021-266,523
2020-262,590
2019-42,888
201828,892
201734,806
2016323,489

Sources

This series is derived from other GMD variables.

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 →

GMD release 2026_09 · License & terms