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Iceland — General government expenditure (% of GDP)

% of GDP · Annual · 1901–2031 · 131 observations

About this series

General government expenditure records government expense plus net investment in nonfinancial assets within the source series' coverage. It is a flow over the period. This series expresses that measure as a percentage of GDP for the matching period.

Iceland's general government expenditure reading was 45% of GDP in 2025. The period change from 47.1% of GDP in 2024 was −2.1 percentage points. The latest reading was below the selected 10-year average of 45.9% of GDP.

0204060801901201020202031% of GDPSubscribe to view

Get the full series

  • Annual data, 1901–2031
  • Quarterly data, 2002–2026
  • All 6 sources, downloadable

Latest observations

2005–2031

PeriodValue
203143.1 % of GDP
203043.1 % of GDP
202943.1 % of GDP
202843.2 % of GDP
202743.5 % of GDP
15 earlier values
202643.7 % of GDP
202545 % of GDP
202447.1 % of GDP
202345.2 % of GDP
202246.2 % of GDP
202148.7 % of GDP
202050.4 % of GDP
201943 % of GDP
201843.4 % of GDP
201743.8 % of GDP
201645.8 % of GDP
201543 % of GDP
201445.3 % of GDP
201345.6 % of GDP
201247.2 % of GDP

Values before 2012, back to 2005, are on the chart — hover to read them.

Data release 2026_10_06_0823, published 6 Oct 2026.