ForecastEconomy

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

General government expenditure by function (COFOG) in 2020: Annual value — 9.9 % 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 9.9 % 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: 9.9 % of GDP
  • Change vs 2019: +2.6 % of GDP (+35.62 %)
  • Position in history: above the 27-year average (average — 6.5926 % of GDP)
  • This is the maximum over the available series history (27 years)
  • Series minimum — 5.3 % of GDP in 2007 (13 years ago)
  • Value date: 1 January 2020
  • Source: Eurostat

Dynamics over neighbouring years

YearValue, % of GDP
20156.1
20165.8
20176.4
20186.5
20197.3
20209.9
20219.2
20227.2
20236.7
20247.1

Full history and interactive chart

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

Other years

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