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Iceland Government Spending 1970s

Government expenditure as % of GDP · World Bank
23.31% decade average (1970-1979)

Iceland's government spending during the 1970s ranged from 21.74% (1977) to 25.94% (1974), averaging 23.31% over 8 years of data.

1970s Data
YearValueChangeRank
1972 22.10% 22nd
1973 22.90% +0.80% 25th
1974 25.94% +3.04% 29th
1975 25.49% −0.45% 26th
1976 21.75% −3.73% 19th
1977 21.74% −0.01% 17th
1978 22.79% +1.04% 19th
1979 23.81% +1.02% 23rd