Government expenditure as a share of gdp reached 41.5% in 2027 in Iceland, according to the National Statistical Office. This is 1.41% less than in the previous year.
Historically, government expenditure as a share of GDP in Iceland reached an all time high of 63.4% in 2008 and an all time low of 33.9% in 1980.
Iceland has been ranked 27th within the group of 165 countries we follow in terms of government expenditure as a share of GDP.
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