Iceland Government Deficit (% of GDP) (2025)
Iceland's Government Deficit (% of GDP): -2.4 % of GDP in 2025, +1.8pp YoY. Eurostat (GOV_10A_MAIN), 2000–2025.
Iceland (2025)
-2.4
% of GDP
+1.8pp YoY
YoY Change
+1.8pp
percentage points
Trend
up
Series length
26
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2025 | -2.4 | +1.8pp |
| 2024 | -4.2 | -2.1pp |
| 2023 | -2.1 | +1.7pp |
| 2022 | -3.8 | +4.2pp |
| 2021 | -8 | +0.8pp |
| 2020 | -8.8 | -7.4pp |
| 2019 | -1.4 | -2.4pp |
| 2018 | 1 | -0.3pp |
| 2017 | 1.3 | -11.4pp |
| 2016 | 12.7 | +12.8pp |
| 2015 | -0.1 | -0.7pp |
| 2014 | 0.6 | +1.5pp |
| 2013 | -0.9 | +1.7pp |
| 2012 | -2.6 | +3.8pp |
| 2011 | -6.4 | +0.2pp |
| 2010 | -6.6 | +1.9pp |
| 2009 | -8.5 | +3.5pp |
| 2008 | -12 | -17.6pp |
| 2007 | 5.6 | -0.8pp |
| 2006 | 6.4 | +1.4pp |
About this Dataset
Iceland recorded -2.4 % of GDP in 2025. The latest change was +1.8pp. Across 2000–2025 the series ranges from -12 in 2008 to 12.7 in 2016.
This page tracks the general government balance (surplus/deficit as % of GDP) in Iceland from 2000 to present. Show Maastricht 3% deficit threshold context.
Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks the general government balance (surplus/deficit as % of GDP) in Iceland from 2000 to present. Show Maastricht 3% deficit threshold context. It is published by Eurostat and updated annually.
The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2000–2025 (26 observations).
The series peaked at 12.7 % of GDP in 2016 and reached its lowest recorded value of -12 in 2008. The latest reading of -2.4 in 2025 represents a change of +1.8pp.