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Iceland: Government revenue (% of GDP)

Percent of GDP · 1901–2025 · 125 observations · forecasts to 2031 · govrev_GDP

2025
42.6%percent of GDP
Change on 2024
−0.3 pointsfrom 42.9%
Average, 2016–2025
44.3%10 years
Record high and low
58.5% (2016)low 2.29% (1918)

Government revenue (% of GDP)

Report error
0%10%20%30%40%50%60%192019401960198020002020IcelandIceland
ForecastPercent of GDP

Compare with other countries →Definition of Government revenue (% of GDP)

Recent values

Percent of GDP

YearValue
203143.3Forecast
203043.3Forecast
202943.3Forecast
202843.2Forecast
202743.3Forecast
202643.3Forecast
202542.6
202442.9
202343.1
202242.3
202140.7
202041.6
201941.6
201844.4
201745.1
201658.5

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 →

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