General government expenditure by function (COFOG) in Iceland, 2019

General government expenditure by function (COFOG) in 2019: Annual value — 14.1 % of GDP. Comparison with the previous year and position in the series history. Official data — Eurostat.

General government expenditure by function (COFOG) in 2019 — neighbouring years chart, Annual value 14.1 % of GDP, source Eurostat
General government expenditure by function (COFOG) in 2019 — value in the context of neighbouring years. Source: Eurostat. forecasteconomy.com

General government expenditure by function (COFOG) in 2019

  • Value: 14.1 % of GDP
  • Change vs 2018: +0.2 % of GDP (+1.44 %)
  • Position in history: above the 27-year average (average — 13.8926 % of GDP)
  • Series maximum — 15.8 % of GDP in 2020
  • Series minimum — 13 % of GDP in 2011 (8 years ago)
  • Value date: 1 January 2019
  • Source: Eurostat

Dynamics over neighbouring years

YearValue, % of GDP
201413.3
201513.4
201613.3
201713.9
201813.9
201914.1
202015.8
202115.3
202214.4
202313.8

Full history and interactive chart

Complete series for Iceland — on the General government expenditure by function (COFOG) page.

Other years

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