ForecastEconomy

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

General government expenditure by function (COFOG) in 2020: Annual value — 9.4 % 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 9.4 % 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: 9.4 % of GDP
  • Change vs 2019: +0.8 % of GDP (+9.3 %)
  • Position in history: above the 27-year average (average — 9.0222 % of GDP)
  • Series maximum — 9.9 % of GDP in 2012 (8 years ago)
  • Series minimum — 7.5 % of GDP in 1998 (22 years ago)
  • Value date: 1 January 2020
  • Source: Eurostat

Dynamics over neighbouring years

YearValue, % of GDP
20158.8
20168.5
20178.5
20188.6
20198.6
20209.4
20219.4
20229
20239.1
20249.3

Full history and interactive chart

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

Other years

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