Iceland Public Consumption: % of GDP
Iceland Public Consumption accounted for 27.4 % of its Nominal GDP in Sep 2020, compared with a share of 29.0 % in the previous quarter. Iceland Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1995 to Sep 2020, with an average number of 24.1 %. The data reached an all-time high of 29.0 % in Jun 2020 and a record low of 20.3 % in Sep 1997. CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. Statistics Iceland provides Government Consumption Expenditure in local currency and Nominal GDP in local currency.
In the latest reports, Iceland GDP contracted 10.7 % YoY in Jun 2020. Iceland Nominal GDP reached 5.3 USD bn in Sep 2020. Its GDP deflator (implicit price deflator) increased 5.9 % in Jun 2020. Iceland GDP Per Capita reached 67,161.4 USD in Dec 2019. Its Gross Savings Rate was measured at 20.9 % in Sep 2020.
View Iceland's Public Consumption: % of GDP from Mar 1995 to Sep 2020 in the chart:
What was Iceland's Public Consumption: % of GDP in Sep 2020?
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
27.4 Sep 2020 | 29.0 Jun 2020 | 20.3 Sep 1997 | 29.0 Jun 2020 | % | quarterly | Mar 1995 - Sep 2020 |
Public Consumption: % of GDP by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 11.5 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
Algeria (%) | 16.9 2019 | yearly | 1950 - 2019 |
Argentina (%) | 15.4 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
Armenia (%) | 16.5 Jun 2020 | quarterly | Dec 1994 - Jun 2020 |
Australia (%) | 21.5 Sep 2020 | quarterly | Sep 1959 - Sep 2020 |
Austria (%) | 20.5 Sep 2020 | quarterly | Mar 1988 - Sep 2020 |
Azerbaijan (%) | 10.5 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
Bahrain (%) | 16.3 2018 | yearly | 1975 - 2018 |
Bangladesh (%) | 6.2 2020 | yearly | 1960 - 2020 |
Belarus (%) | 14.7 Sep 2020 | quarterly | Mar 1994 - Sep 2020 |
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -2.8 Jun 2020 | quarterly | Mar 2004 - Jun 2020 |
Consolidated Fiscal Balance (USD mn) | -554.344 Jun 2020 | quarterly | Mar 2004 - Jun 2020 |
Tax Revenue (USD mn) | 1,692.859 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
Tax Revenue: % of GDP (%) | 31.2 Jun 2020 | quarterly | Mar 2004 - Jun 2020 |
National Government Debt (USD mn) | 17,203.9 2019 | yearly | 1998 - 2019 |
Government Debt: % of GDP (%) | 69.0 2019 | yearly | 1998 - 2019 |
Forecast: Government Expenditure (ISK bn) | 1,566.977 2025 | yearly | 1980 - 2025 |
Forecast: Government Net Debt (ISK bn) | 1,911.483 2025 | yearly | 1982 - 2025 |
Forecast: Government Revenue (ISK bn) | 1,382.117 2025 | yearly | 1980 - 2025 |
General Govt Revenue: Social Contributions (ISK bn) | 25.950 Dec 2018 | quarterly | Mar 2004 - Dec 2018 |
General Govt Revenue: Others (ISK bn) | 41.817 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
General Govt Expenditure (ISK bn) | 318.717 Dec 2018 | quarterly | Mar 2004 - Dec 2018 |
General Govt Expenditure: Compensation of Employees (ISK bn) | 117.586 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
General Govt Expenditure: Use of Goods and Services (ISK bn) | 86.651 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
General Govt Revenue (ISK bn) | 318.632 Dec 2018 | quarterly | Mar 2004 - Dec 2018 |
General Govt Revenue: Tax (ISK bn) | 232.839 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
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