Iceland recorded a government budget deficit of 53.30 ISK Billion in the third quarter of 2022. source: Statistics Iceland

Government Budget Value in Iceland averaged -9.67 ISK Billion from 2002 until 2022, reaching an all time high of 359.80 ISK Billion in the first quarter of 2016 and a record low of -231.30 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 February of 2023.

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Iceland Government Budget Value



Related Last Previous Unit Reference
Government Budget Value -53.30 -64.50 ISK Billion Sep 2022
Government Spending 165774.00 166960.00 ISK Million Sep 2022
Government Spending to GDP 49.30 50.70 percent of GDP Dec 2021
Government Revenues 394.30 380.00 ISK Billion Sep 2022
Fiscal Expenditure 447.60 444.60 ISK Billion Sep 2022

Iceland Government Budget Value
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.
Actual Previous Highest Lowest Dates Unit Frequency
-53.30 -64.50 359.80 -231.30 2002 - 2022 ISK Billion Quarterly
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