Central government expense in Iceland
Central government expense in Iceland was equal to 32.0% of GDP in 2023.
Iceland, 2023
32.0%
Change from 2022
−0.5percentage points
World, 2022
28.5%
Median of OECD (38 countries), 2023
34.4%
Central government expense in Iceland over time
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Iceland
World
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
% of GDP. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.
| Period | Iceland | World |
|---|---|---|
| 2023 | 32.0% | – |
| 2022 | 32.6% | 28.5% |
| 2021 | 34.7% | 31.7% |
| 2020 | 36.4% | 33.4% |
| 2019 | 30.7% | 26.7% |
| 2018 | 30.4% | 26.1% |
| 2017 | 31.0% | 26.3% |
| 2016 | 35.0% | 26.6% |
| 2015 | 31.9% | 26.8% |
| 2014 | 34.0% | 26.8% |
| 2013 | 34.4% | 27.1% |
| 2012 | 36.6% | 27.4% |
| 2011 | 38.0% | 27.5% |
| 2010 | 37.5% | 28.4% |
| 2009 | 41.5% | 28.4% |
| 2008 | 50.3% | 25.9% |
| 2007 | 31.9% | 24.8% |
| 2006 | 32.3% | 24.9% |
| 2005 | 32.7% | 25.1% |
| 2004 | 30.2% | 24.8% |
| 2003 | 31.6% | 25.2% |
| 2002 | 30.1% | 24.9% |
| 2001 | 29.3% | 24.7% |
| 2000 | 29.0% | 23.6% |
A dash means no value was published for that period.
In short
- That is a change of −0.5 percentage points from 32.6% in 2022.
- Since 2013, when it was 34.4%, the figure has changed by −2.4 percentage points.