ForecastEconomy

General government expenditure by function (COFOG) in Iceland, 2016

General government expenditure by function (COFOG) in 2016: Annual value — 8.7 % of GDP. Comparison with the previous year and position in the series history. Official data — Eurostat.

General government expenditure by function (COFOG) in 2016 — neighbouring years chart, Annual value 8.7 % of GDP, source Eurostat
General government expenditure by function (COFOG) in 2016 — value in the context of neighbouring years. Source: Eurostat. forecasteconomy.com

General government expenditure by function (COFOG) in 2016

  • Value: 8.7 % of GDP
  • Change vs 2015: −0.6 % of GDP (−6.45 %)
  • Position in history: below the 27-year average (average — 9.663 % of GDP)
  • Series maximum — 10.7 % of GDP in 2012 (4 years ago)
  • This is the minimum over the available series history (27 years)
  • Value date: 1 January 2016
  • Source: Eurostat

Dynamics over neighbouring years

YearValue, % of GDP
201110.7
201210.7
201310.3
20149.8
20159.3
20168.7
20178.8
20188.9
20199
202010.3

Full history and interactive chart

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

Other years

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