Iceland Government Expenditure (% of GDP) (2025)
Iceland's Government Expenditure (% of GDP): 45 % of GDP in 2025, -2.1pp YoY. Eurostat (GOV_10A_MAIN), 2000–2025.
Iceland (2025)
45
% of GDP
-2.1pp YoY
YoY Change
-2.1pp
percentage points
Trend
down
Series length
26
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2025 | 45 | -2.1pp |
| 2024 | 47.1 | +1.9pp |
| 2023 | 45.2 | -1pp |
| 2022 | 46.2 | -2.5pp |
| 2021 | 48.7 | -1.7pp |
| 2020 | 50.4 | +7.4pp |
| 2019 | 43 | -0.4pp |
| 2018 | 43.4 | -0.4pp |
| 2017 | 43.8 | -2pp |
| 2016 | 45.8 | +2.8pp |
| 2015 | 43 | -2.3pp |
| 2014 | 45.3 | -0.3pp |
| 2013 | 45.6 | -1.6pp |
| 2012 | 47.2 | -2.8pp |
| 2011 | 50 | +1.8pp |
| 2010 | 48.2 | -5.2pp |
| 2009 | 53.4 | -9.4pp |
| 2008 | 62.8 | +18.6pp |
| 2007 | 44.2 | -0.1pp |
| 2006 | 44.3 | +0.1pp |
About this Dataset
Iceland recorded 45 % of GDP in 2025. The latest change was -2.1pp. Across 2000–2025 the series ranges from 43 in 2019 to 62.8 in 2008.
This page tracks total general government expenditure as a percentage of GDP in Iceland from 2000 to present.
Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks total general government expenditure as a percentage of GDP in Iceland from 2000 to present. 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 62.8 % of GDP in 2008 and reached its lowest recorded value of 43 in 2019. The latest reading of 45 in 2025 represents a change of -2.1pp.