Iceland Government Budget Value  1995-2017 | Data | Chart | Calendar

Iceland recorded a government budget deficit of 94815 ISK Million in December of 2016. Government Budget Value in Iceland averaged -1121.52 ISK Million from 1995 until 2016, reaching an all time high of 56275 ISK Million in September of 2005 and a record low of -199398 ISK Million in December of 2008.

Iceland Government Budget Value
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Iceland Government Last Previous Highest Lowest Unit
Government Debt to GDP 68.50 82.50 95.10 23.00 percent [+]
Government Budget -0.50 -0.10 5.90 -13.10 percent of GDP [+]
Government Budget Value -94815.00 -17538.00 56275.00 -199398.00 ISK Million [+]
Government Spending 72166.00 68104.00 72353.00 45049.00 ISK Million [+]
Government Spending to GDP 41.20 42.90 55.30 34.10 percent [+]
Government Revenues 101348.00 35419.00 101348.00 7463.00 ISK Million [+]
Fiscal Expenditure 196163.00 52957.00 251416.00 6452.00 ISK Million [+]
Credit Rating 55.45 [+]


Iceland Government Budget Value Notes

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Iceland Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Government Budget Value - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-94815.00 -17538.00 56275.00 -199398.00 1995 - 2016 ISK Million Monthly
Current Prices, NSA



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