Iceland — Combined government expenditure (% of GDP)
% of GDP · Annual · 1901–2030 · 130 observations
About this series
Combined government expenditure records government expense plus net investment in nonfinancial assets within the source series' coverage. It is a flow over the period. WED's combined-government scope requires source metadata. This series expresses that measure as a percentage of GDP for the matching period.
Iceland's combined 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.
Get the full series
- Annual data, 1901–2030
- Quarterly data, 2002–2026
- All 4 sources, downloadable
Latest observations
2005–2030
| Period | Value |
|---|---|
| 2030 | 44 % of GDP |
| 2029 | 44.1 % of GDP |
| 2028 | 44.2 % of GDP |
| 2027 | 44.4 % of GDP |
| 2026 | 44.7 % of GDP |
15 earlier values
| 2025 | 45 % of GDP |
| 2024 | 47.1 % of GDP |
| 2023 | 45.2 % of GDP |
| 2022 | 46.2 % of GDP |
| 2021 | 48.7 % of GDP |
| 2020 | 50.4 % of GDP |
| 2019 | 43 % of GDP |
| 2018 | 43.4 % of GDP |
| 2017 | 43.8 % of GDP |
| 2016 | 45.8 % of GDP |
| 2015 | 43 % of GDP |
| 2014 | 45.3 % of GDP |
| 2013 | 45.6 % of GDP |
| 2012 | 47.2 % of GDP |
| 2011 | 50 % of GDP |
Values before 2011, back to 2005, are on the chart — hover to read them.