ForecastEconomy

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

General government expenditure by function (COFOG) in 2020: Annual value — 2.3 % 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 2.3 % 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: 2.3 % of GDP
  • Change vs 2019: +0.7 % of GDP (+43.75 %)
  • Position in history: above the 27-year average (average — 1.6222 % of GDP)
  • This is the maximum over the available series history (27 years)
  • Series minimum — 1.1 % of GDP in 1998 (22 years ago)
  • Value date: 1 January 2020
  • Source: Eurostat

Dynamics over neighbouring years

YearValue, % of GDP
20151.4
20161.6
20171.6
20181.6
20191.6
20202.3
20212
20221.8
20231.7
20242

Full history and interactive chart

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

Other years

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