Iceland recorded a Government Budget surplus equal to 1.10 percent of the country's Gross Domestic Product in 2018. Iceland Government Budget - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Government Budget in Iceland averaged -1.32 percent of GDP from 1980 until 2018, reaching an all time high of 12.40 percent of GDP in 2016 and a record low of -12.90 percent of GDP in 2008. This page provides - Iceland Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Government Budget in Iceland is expected to reach 0.20 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Government Budget is projected to trend around 0.10 percent of GDP in 2021 and -0.20 percent of GDP in 2022, according to our econometric models.