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
−118 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
2031-3,195Forecast
2030-5,308Forecast
2029-7,432Forecast
2028-13,873Forecast
2027-26,610Forecast
2026-60,608Forecast
2025-117,976
2024-191,224
2023-90,743
2022-147,897
2021-262,362
2020-257,767
2019-42,365
201828,441
201734,345
2016319,031

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