General government total expenditure (current LCU), annual growth rate in Iceland
Iceland: General government total expenditure (current LCU), annual growth rate was 2.81 % change on previous year in 2025. ◆ Volatile
General government total expenditure (current LCU), annual growth rate in Iceland, 1981–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Iceland recorded 2.81 % change on previous year for general government total expenditure (current lcu), annual growth rate in 2025.
The figure is down 67.3% on the previous year and down 44.5% over ten years.
Over the whole period, general government total expenditure (current lcu), annual growth rate in Iceland peaked at 81.37 % change on previous year in 1983 and was at its lowest, -13.52 % change on previous year, in 2009.
Iceland ranks 153rd of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government total expenditure (current LCU), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 61.73 % change on previous year | — |
| 1982 | 60 % change on previous year | -2.8% |
| 1983 | 81.37 % change on previous year | +35.6% |
| 1984 | 21.22 % change on previous year | -73.9% |
| 1985 | 45.45 % change on previous year | +114.2% |
| 1986 | 40.91 % change on previous year | -10.0% |
| 1987 | 20.53 % change on previous year | -49.8% |
| 1988 | 39.51 % change on previous year | +92.5% |
| 1989 | 27.52 % change on previous year | -30.3% |
| 1990 | 15.63 % change on previous year | -43.2% |
| 1991 | 8.82 % change on previous year | -43.6% |
| 1992 | 4 % change on previous year | -54.7% |
| 1993 | 3.9 % change on previous year | -2.6% |
| 1994 | 5.93 % change on previous year | +52.4% |
| 1995 | 1.69 % change on previous year | -71.5% |
| 1996 | 6.12 % change on previous year | +261.7% |
| 1997 | 4.18 % change on previous year | -31.7% |
| 1998 | 9.09 % change on previous year | +117.5% |
| 1999 | 19.59 % change on previous year | +115.4% |
| 2000 | 7.85 % change on previous year | -59.9% |
| 2001 | 19.61 % change on previous year | +149.9% |
| 2002 | 2.06 % change on previous year | -89.5% |
| 2003 | 7.92 % change on previous year | +284.3% |
| 2004 | 8.12 % change on previous year | +2.6% |
| 2005 | 5.42 % change on previous year | -33.2% |
| 2006 | 15.07 % change on previous year | +177.8% |
| 2007 | 12.92 % change on previous year | -14.2% |
| 2008 | 62.35 % change on previous year | +382.5% |
| 2009 | -13.52 % change on previous year | -121.7% |
| 2010 | -5.87 % change on previous year | -56.6% |
| 2011 | 8.74 % change on previous year | -249.0% |
| 2012 | -1.26 % change on previous year | -114.4% |
| 2013 | 2.82 % change on previous year | -324.3% |
| 2014 | 5.58 % change on previous year | +97.6% |
| 2015 | 5.07 % change on previous year | -9.1% |
| 2016 | 16.12 % change on previous year | +217.8% |
| 2017 | 0.5786 % change on previous year | -96.4% |
| 2018 | 6.29 % change on previous year | +986.9% |
| 2019 | 5.74 % change on previous year | -8.7% |
| 2020 | 13.51 % change on previous year | +135.1% |
| 2021 | 8.41 % change on previous year | -37.7% |
| 2022 | 11.68 % change on previous year | +38.9% |
| 2023 | 8.5 % change on previous year | -27.2% |
| 2024 | 8.6 % change on previous year | +1.2% |
| 2025 | 2.81 % change on previous year | -67.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 44.25 % change on previous year | 20.53 % change on previous year | 81.37 % change on previous year | 9 |
| 1990s | 7.9 % change on previous year | 1.69 % change on previous year | 19.59 % change on previous year | 10 |
| 2000s | 12.78 % change on previous year | -13.52 % change on previous year | 62.35 % change on previous year | 10 |
| 2010s | 4.38 % change on previous year | -5.87 % change on previous year | 16.12 % change on previous year | 10 |
| 2020s | 8.92 % change on previous year | 2.81 % change on previous year | 13.51 % change on previous year | 6 |
Countries ranked near Iceland
- 150 Philippines 2.98 % change on previous year compare
- 151 Italy 2.97 % change on previous year compare
- 152 Peru 2.92 % change on previous year compare
- 154 Congo 2.77 % change on previous year compare
- 155 Japan 2.67 % change on previous year compare
- 156 Algeria 2.64 % change on previous year compare
More population data for Iceland
- Population regions with projections, annual growth rate -0.4984 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -5.08 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.4984 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.2688 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 408.78 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.4806 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.6617 % change on previous year (2100)
- Population growth rate -0.502 (2100)
- Population density 3.6 (2100)
- Projected population under age 5 13,661 (2100)
Frequently asked questions
- What is general government total expenditure (current lcu), annual growth rate in Iceland?
- General government total expenditure (current lcu), annual growth rate in Iceland was 2.81 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest general government total expenditure (current lcu), annual growth rate recorded in Iceland?
- The highest recorded value was 81.37 % change on previous year in 1983.
- What is the lowest general government total expenditure (current lcu), annual growth rate recorded in Iceland?
- The lowest recorded value was -13.52 % change on previous year in 2009.
- How does Iceland rank for general government total expenditure (current lcu), annual growth rate?
- Iceland ranks 153rd out of 196 countries with data for 2025.
- Is general government total expenditure (current lcu), annual growth rate rising or falling in Iceland?
- Over the last ten years it is down 44.5%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of General government total expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in General government total expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government total expenditure UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in General government total expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.