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Iceland Lowest Government Spending

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

21.74% in 1977

Government expenditure as % of GDP · World Bank

The lowest government spending in Iceland was 21.74% in 1977. The top 5 years were: 1977 (21.74%), 1976 (21.75%), 1980 (22.08%), 1972 (22.10%), 1984 (22.42%).

Top 5 Lowest Years▾

Iceland Top 5 Lowest Government Spending Years
Rank	Year	Value
1st	1977	21.74%
2nd	1976	21.75%
3rd	1980	22.08%
4th	1972	22.10%
5th	1984	22.42%

All Data (sorted by value)▾

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

Show all

Government Spending (all years) Highest ever Average Government Spending 1990s Government Spending 2000s Government Spending 2010s Government Spending 2020s Tax Revenue Military Spending Health Spending Government Debt to GDP Budget Deficit vs Cayman Islands vs Singapore vs Norway vs United States Global Ranking