General government expenditure by function (COFOG) in Iceland, 2017

General government expenditure by function (COFOG) in 2017: Annual value — 24 % of GDP. Comparison with the previous year and position in the series history. Official data — Eurostat.

General government expenditure by function (COFOG) in 2017 — neighbouring years chart, Annual value 24 % of GDP, source Eurostat
General government expenditure by function (COFOG) in 2017 — value in the context of neighbouring years. Source: Eurostat. forecasteconomy.com

General government expenditure by function (COFOG) in 2017

  • Value: 24 % of GDP
  • Change vs 2016: +0.6 % of GDP (+2.56 %)
  • Position in history: below the 27-year average (average — 24.9148 % of GDP)
  • Series maximum — 28.1 % of GDP in 2020
  • Series minimum — 22.5 % of GDP in 1998 (19 years ago)
  • Value date: 1 January 2017
  • Source: Eurostat

Dynamics over neighbouring years

YearValue, % of GDP
201225.2
201324.9
201424.6
201523.9
201623.4
201724
201824.3
201924.8
202028.1
202127.4

Full history and interactive chart

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

Other years

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