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Iceland Government Spending 2020s

Government expenditure as % of GDP · World Bank
33.70% decade average (2020-2029)

Iceland's government spending during the 2020s ranged from 32.07% (2023) to 36.35% (2020), averaging 33.70% over 5 years of data.

2020s Data
YearValueChangeRank
2020 36.35% +5.66% 95th
2021 34.67% −1.69% 87th
2022 32.57% −2.10% 72nd
2023 32.07% −0.49% 52nd
2025 32.86% +0.79% 46th