ForecastEconomy

General government expenditure by function (COFOG) in Iceland, 2021

General government expenditure by function (COFOG) in 2021: Annual value — 1.6 % of GDP. Comparison with the previous year and position in the series history. Official data — Eurostat.

General government expenditure by function (COFOG) in 2021 — neighbouring years chart, Annual value 1.6 % of GDP, source Eurostat
General government expenditure by function (COFOG) in 2021 — value in the context of neighbouring years. Source: Eurostat. forecasteconomy.com

General government expenditure by function (COFOG) in 2021

  • Value: 1.6 % of GDP
  • Change vs 2020: −0.3 % of GDP (−15.79 %)
  • Position in history: above the 27-year average (average — 1.5185 % of GDP)
  • Series maximum — 1.9 % of GDP in 2020 (1 years ago)
  • Series minimum — 1.1 % of GDP in 2015 (6 years ago)
  • Value date: 1 January 2021
  • Source: Eurostat

Dynamics over neighbouring years

YearValue, % of GDP
20151.1
20161.2
20171.2
20181.2
20191.2
20201.9
20211.6
20221.5
20231.5
20241.6

Full history and interactive chart

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

Other years

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