General government total expenditure in Iceland
Iceland: General government total expenditure was 2.20 trillion current LCU in 2025. β Volatile
General government total expenditure in Iceland, 1980β2025
Source: UNESCO Institute for Statistics. Measured in current LCU.
Analysis
Iceland recorded 2.20 trillion current LCU for general government total expenditure in 2025. That is the highest value across all 46 years on record.
The figure is up 2.8% on the previous year and up 118.5% over ten years.
Over the whole period, general government total expenditure in Iceland peaked at 2.20 trillion current LCU in 2025 and was at its lowest, 5.58 billion current LCU, in 1980.
That places Iceland 61st out of 195 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 52.59 billion current LCU | 5.58 billion current LCU | 139.60 billion current LCU | 10 |
| 1990s | 209.98 billion current LCU | 161.43 billion current LCU | 294.93 billion current LCU | 10 |
| 2000s | 548.56 billion current LCU | 318.07 billion current LCU | 1.01 trillion current LCU | 10 |
| 2010s | 1.04 trillion current LCU | 820.24 billion current LCU | 1.32 trillion current LCU | 10 |
| 2020s | 1.87 trillion current LCU | 1.50 trillion current LCU | 2.20 trillion current LCU | 6 |
Countries ranked near Iceland
More population data for Iceland
- Population growth rate by level of development -0.502 (2100)
- Projected population under age 5 13,661 (2100)
- Population density 3.6 (2100)
- Population growth rate -0.502 (2100)
- Fertility and wanted fertility 1.56 (2024)
- Refugee population by country or territory of asylum 7,879 (2024)
- Fertility vs unmet contraception 1.56 (2024)
- Fertility vs contraception 1.56 (2024)
- Natural population growth 0.4476 (2023)
- Fertility rate with projections 1.54 (2023)
Frequently asked questions
- What is general government total expenditure in Iceland?
- General government total expenditure in Iceland was 2.20 trillion current LCU in 2025, according to UNESCO Institute for Statistics.
- What is the highest general government total expenditure recorded in Iceland?
- The highest recorded value was 2.20 trillion current LCU in 2025.
- What is the lowest general government total expenditure recorded in Iceland?
- The lowest recorded value was 5.58 billion current LCU in 1980.
- How does Iceland rank for general government total expenditure?
- Iceland ranks 61st out of 195 countries with data for 2025.
- Is general government total expenditure rising or falling in Iceland?
- Over the last ten years it is up 118.5%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from UNESCO Institute for Statistics, published as part of General government total expenditure (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 46 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release