Iceland Government Revenue (% of GDP) (2024)
Iceland's Government Revenue (% of GDP): 43.4 % of GDP in 2024, +0.5pp YoY. Eurostat (GOV_10A_MAIN), 2000–2024.
Iceland (2024)
43.4
% of GDP
+0.5pp YoY
YoY Change
+0.5pp
percentage points
Trend
up
Series length
25
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 43.4 | +0.5pp |
| 2023 | 42.9 | +0.5pp |
| 2022 | 42.4 | +1.7pp |
| 2021 | 40.7 | -0.9pp |
| 2020 | 41.6 | +0pp |
| 2019 | 41.6 | -2.8pp |
| 2018 | 44.4 | -0.7pp |
| 2017 | 45.1 | -13.4pp |
| 2016 | 58.5 | +15.6pp |
| 2015 | 42.9 | -3pp |
| 2014 | 45.9 | +1.2pp |
| 2013 | 44.7 | +0.1pp |
| 2012 | 44.6 | +1pp |
| 2011 | 43.6 | +1.9pp |
| 2010 | 41.7 | -3.1pp |
| 2009 | 44.8 | -6pp |
| 2008 | 50.8 | +1pp |
| 2007 | 49.8 | -1pp |
| 2006 | 50.8 | +1.6pp |
| 2005 | 49.2 | n/a |
About this Dataset
Iceland recorded 43.4 % of GDP in 2024. The most recent year-on-year change was +0.5pp. The historical series (2000–2024) shows a peak of 58.5 in 2016 and a trough of 40.7 in 2021.
Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology ensuring cross-country comparability within the European statistical framework.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks iceland government revenue (% of gdp) in Iceland, published by Eurostat. Data covers 2000–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. Eurostat typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 58.5 % of GDP in 2016 and reached its lowest recorded value of 40.7 in 2021. The latest reading of 43.4 in 2024 represents a year-on-year change of +0.5pp.