ForecastEconomy

General government expenditure by function (COFOG) in Iceland, 2020

General government expenditure by function (COFOG) in 2020: Annual value — 4 % of GDP. Comparison with the previous year and position in the series history. Official data — Eurostat.

General government expenditure by function (COFOG) in 2020 — neighbouring years chart, Annual value 4 % of GDP, source Eurostat
General government expenditure by function (COFOG) in 2020 — value in the context of neighbouring years. Source: Eurostat. forecasteconomy.com

General government expenditure by function (COFOG) in 2020

  • Value: 4 % of GDP
  • Change vs 2019: −0.3 % of GDP (−6.98 %)
  • Position in history: below the 27-year average (average — 6.6111 % of GDP)
  • Series maximum — 12 % of GDP in 2009 (11 years ago)
  • Series minimum — 3.9 % of GDP in 2021
  • Value date: 1 January 2020
  • Source: Eurostat

Dynamics over neighbouring years

YearValue, % of GDP
20156.7
20165.9
20175.7
20184.9
20194.3
20204
20213.9
20225.9
20235.6
20244.6

Full history and interactive chart

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

Other years

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