Iceland — Central government deficit (% of GDP)
% of GDP · Annual · 1970–2025 · 37 observations
About this series
The central government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. This series expresses that measure as a percentage of GDP for the matching period.
In Iceland, the central government deficit reading was −2% of GDP in 2025, compared with −3.5% of GDP in 2024. The period change was +1.5 percentage points. The latest reading was below the selected 10-year average of −1.04% of GDP.
Get the full series
- Annual data, 1970–2025
- Quarterly data, 2002–2026
- All 2 sources, downloadable
Latest observations
2016–2025
| Period | Value |
|---|---|
| 2025 | -2 % of GDP |
| 2024 | -3.5 % of GDP |
| 2023 | -1.3 % of GDP |
| 2022 | -2.9 % of GDP |
| 2021 | -7.2 % of GDP |
5 earlier values, back to 2016
| 2020 | -8.1 % of GDP |
| 2019 | -1.1 % of GDP |
| 2018 | 1.3 % of GDP |
| 2017 | 2.2 % of GDP |
| 2016 | 12.2 % of GDP |