Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2023-12-31
Iceland's government spending stands at 32.05% as of 2023-12-31, down from 32.56% in 2022. Historical data runs from 1972 to 2023 (52 observations).
In 2023, Iceland's government spending was 32.05%, down from 32.56% in 2022.
In 2022, Iceland's government spending was 32.56%, down from 34.67% in 2021.
In 2021, Iceland's government spending was 34.67%, down from 36.35% in 2020.
In 2020, Iceland's government spending was 36.35%, up from 30.69% in 2019.
In 2019, Iceland's government spending was 30.69%, up from 30.38% in 2018.
| Year | Value | Change |
|---|---|---|
| 2023 | 32.05% | -0.5056% |
| 2022 | 32.56% | -2.11% |
| 2021 | 34.67% | -1.69% |
| 2020 | 36.35% | +5.66% |
| 2019 | 30.69% | +0.3097% |
| 2018 | 30.38% | -0.6513% |
| 2017 | 31.03% | -3.97% |
| 2016 | 35% | +3.12% |
| 2015 | 31.88% | -2.11% |
| 2014 | 33.98% | -0.4221% |
| 2013 | 34.41% | -2.19% |
| 2012 | 36.59% | -1.43% |
| 2011 | 38.02% | +0.5294% |
| 2010 | 37.49% | -3.98% |
| 2009 | 41.47% | -8.86% |
| 2008 | 50.33% | +18.42% |
| 2007 | 31.92% | -0.344% |
| 2006 | 32.26% | -0.478% |
| 2005 | 32.74% | +2.53% |
| 2004 | 30.21% | -1.36% |
| 2003 | 31.57% | +1.44% |
| 2002 | 30.13% | +0.8686% |
| 2001 | 29.26% | +0.281% |
| 2000 | 28.98% | -0.4922% |
| 1999 | 29.47% | +0.6176% |
| 1998 | 28.85% | +2.16% |
| 1997 | 26.69% | -2.21% |
| 1996 | 28.9% | -0.3172% |
| 1995 | 29.22% | +0.1752% |
| 1994 | 29.04% | -0.2538% |
| 1993 | 29.3% | -0.7479% |
| 1992 | 30.05% | +0.4188% |
| 1991 | 29.63% | +1.2% |
| 1990 | 28.43% | -1.86% |
| 1989 | 30.29% | +1.49% |
| 1988 | 28.8% | +2.97% |
| 1987 | 25.83% | -1.12% |
| 1986 | 26.95% | +2.64% |
| 1985 | 24.3% | +1.89% |
| 1984 | 22.42% | -2.54% |
| 1983 | 24.96% | +1.45% |
| 1982 | 23.51% | +0.9343% |
| 1981 | 22.57% | +0.4895% |
| 1980 | 22.08% | -1.73% |
| 1979 | 23.81% | +1.02% |
| 1978 | 22.79% | +1.04% |
| 1977 | 21.74% | -0.0088% |
| 1976 | 21.75% | -3.73% |
| 1975 | 25.49% | -0.4476% |
| 1974 | 25.94% | +3.04% |
| 1973 | 22.9% | +0.8001% |
| 1972 | 22.1% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Iceland's government spending is 32.05% as of 2023-12-31, compared with 32.56% in 2022. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 50.33% (2008); the lowest is 21.74% (1977), across data from 1972 to 2023.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.