Fiscal Expenditure in Iceland decreased to 516.50 ISK Billion in the first quarter of 2025 from 576.70 ISK Billion in the fourth quarter of 2024. Fiscal Expenditure in Iceland averaged 266.17 ISK Billion from 2002 until 2025, reaching an all time high of 576.70 ISK Billion in the fourth quarter of 2024 and a record low of 92.40 ISK Billion in the first quarter of 2002. source: Statistics Iceland



Related Last Previous Unit Reference
Fiscal Expenditure 516.50 576.70 ISK Billion Mar 2025
Government Budget Value 4.60 -44.30 ISK Billion Mar 2025
Government Revenues 521.10 532.40 ISK Billion Mar 2025
Government Spending 230002.00 226883.00 ISK Million Jun 2025
Government Spending to GDP 46.70 45.20 percent of GDP Dec 2024



Iceland Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.
Actual Previous Highest Lowest Dates Unit Frequency
516.50 576.70 576.70 92.40 2002 - 2025 ISK Billion Quarterly
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