Government budget balance as a share of gdp reached -1.36% in 2013 in Iceland, according to the National Statistical Office. This is 47.1% more than in the previous year.
Historically, government budget balance as a share of GDP in Iceland reached an all time high of 6.32% in 2006 and an all time low of -13.5% in 2008.
Iceland has been ranked 40th within the group of 61 countries we follow in terms of government budget balance as a share of GDP.
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