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Iceland Average Government Spending 1972-2025

Name: Iceland Government Spending
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

29.71% 53 data points

Government expenditure as % of GDP · World Bank

Iceland's average government spending from 1972 to 2025 was 29.71%, based on 53 data points.

All Data (sorted by year)▾

Year	Value	Change	Rank
2025	32.86%	+0.79%	46th
2023	32.07%	−0.49%	52nd
2022	32.57%	−2.10%	72nd
2021	34.67%	−1.69%	87th
2020	36.35%	+5.66%	95th
2019	30.69%	+0.31%	91st
2018	30.38%	−0.65%	92nd
2017	31.03%	−3.97%	98th
2016	35.00%	+3.12%	114th
2015	31.88%	−2.11%	102nd
2014	33.98%	−0.42%	106th
2013	34.41%	−2.19%	98th
2012	36.59%	−1.43%	106th
2011	38.02%	+0.53%	104th
2010	37.49%	−3.98%	98th
2009	41.47%	−8.86%	105th
2008	50.33%	+18.42%	115th
2007	31.92%	−0.34%	76th
2006	32.26%	−0.48%	80th
2005	32.74%	+2.53%	79th
2004	30.21%	−1.36%	73rd
2003	31.57%	+1.44%	75th
2002	30.13%	+0.87%	65th
2001	29.26%	+0.28%	60th
2000	28.98%	−0.49%	55th
1999	29.47%	+0.62%	60th
1998	28.85%	+2.16%	55th
1997	26.69%	−2.21%	48th
1996	28.90%	−0.32%	48th
1995	29.22%	+0.18%	51st
1994	29.04%	−0.25%	44th
1993	29.30%	−0.75%	43rd
1992	30.05%	+0.42%	48th
1991	29.63%	+1.20%	48th
1990	28.43%	−1.86%	46th
1989	30.29%	+1.49%	31st
1988	28.80%	+2.97%	26th
1987	25.83%	−1.12%	19th
1986	26.95%	+2.64%	23rd
1985	24.30%	+1.89%	18th
1984	22.42%	−2.54%	16th
1983	24.96%	+1.45%	18th
1982	23.51%	+0.93%	17th
1981	22.57%	+0.49%	15th
1980	22.08%	−1.73%	19th
1979	23.81%	+1.02%	23rd
1978	22.79%	+1.04%	19th
1977	21.74%	−0.01%	17th
1976	21.75%	−3.73%	19th
1975	25.49%	−0.45%	26th
1974	25.94%	+3.04%	29th
1973	22.90%	+0.80%	25th
1972	22.10%	–	22nd

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