Iceland recorded a government budget deficit of 78.40 ISK Billion in the second quarter of 2020.
Government Budget Value in Iceland averaged -5.18 ISK Billion from 2004 until 2020, reaching an all time high of 373.20 ISK Billion in the first quarter of 2016 and a record low of -206.30 ISK Billion in the fourth quarter of 2008. This page provides - Iceland Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Government Budget Value - values, historical data and charts - was last updated on October of 2020.
Government Budget Value in Iceland is expected to be 8.81 ISK Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Iceland to stand at 9.13 in 12 months time. In the long-term, the Iceland Government Budget Value is projected to trend around 9.17 ISK Billion in 2021, according to our econometric models.