World Bank · Economy
Iceland: Expense (% of GDP)
32.05percent · 2023-6.8% since 2013
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period. Annual figures for Iceland from 1972 to 2023.
Every year
| Year | Value (percent) | Note |
|---|---|---|
| 2023 | 32.05 | |
| 2022 | 32.555 | |
| 2021 | 34.667 | |
| 2020 | 36.354 | |
| 2019 | 30.692 | |
| 2018 | 30.383 | |
| 2017 | 31.034 | |
| 2016 | 35 | |
| 2015 | 31.877 | |
| 2014 | 33.983 | |
| 2013 | 34.405 | |
| 2012 | 36.592 | |
| 2011 | 38.024 | |
| 2010 | 37.494 | |
| 2009 | 41.472 | |
| 2008 | 50.333 | |
| 2007 | 31.916 | |
| 2006 | 32.26 | |
| 2005 | 32.738 | |
| 2004 | 30.209 | |
| 2003 | 31.566 | |
| 2002 | 30.126 | |
| 2001 | 29.258 | |
| 2000 | 28.977 | |
| 1999 | 29.469 | |
| 1998 | 28.852 | |
| 1997 | 26.689 | |
| 1996 | 28.902 | |
| 1995 | 29.219 | |
| 1994 | 29.044 | |
| 1993 | 29.298 | |
| 1992 | 30.046 | |
| 1991 | 29.627 | |
| 1990 | 28.428 | |
| 1989 | 30.289 | |
| 1988 | 28.8 | |
| 1987 | 25.825 | |
| 1986 | 26.949 | |
| 1985 | 24.305 | |
| 1984 | 22.416 | |
| 1983 | 24.959 | |
| 1982 | 23.508 | |
| 1981 | 22.574 | |
| 1980 | 22.084 | |
| 1979 | 23.81 | |
| 1978 | 22.786 | |
| 1977 | 21.744 | |
| 1976 | 21.753 | |
| 1975 | 25.488 | |
| 1974 | 25.935 | |
| 1973 | 22.9 | |
| 1972 | 22.1 |
Source
Published by World Bank, produced by International Monetary Fund, World Bank, OECD. Licence: CC BY 4.0. Retrieved 2026-11-05.
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Cite or download
World Bank (2026). Expense (% of GDP). Interva. https://interva.co/dataset/worldbank-expense-zs (accessed 2026-11-07). catalog snapshot 2026-11-05.
Expense (% of GDP) in other countries
- Afghanistan
- Albania
- Angola
- Argentina
- Armenia
- Australia
- Austria
- Azerbaijan
- Bahamas
- Bahrain
- Bangladesh
- Barbados
- Belarus
- Belgium
- Belize
- Bhutan
- Bolivia, Plurinational State of
- Bosnia and Herzegovina
- Botswana
- Brazil
- Bulgaria
- Burkina Faso
- Burundi
- Cabo Verde
- Cambodia
- Cameroon
- Canada
- Central African Republic
- Chile
- Colombia
- Congo
- Congo, The Democratic Republic of the
- Costa Rica
- Côte d'Ivoire
- Croatia
- Cyprus
- Czechia
- Denmark
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Equatorial Guinea
- Estonia
- Eswatini
- Ethiopia
- Fiji
- Finland
- France
- Gabon
- Gambia
- Georgia
- Germany
- Ghana
- Greece
- Guatemala
- Guinea
- Guinea-Bissau
- Honduras
- Hungary
- India
- Indonesia
- Iran, Islamic Republic of
- Iraq
- Ireland
- Israel
- Italy
- Jamaica
- Japan
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Korea, Republic of
- Kuwait
- Kyrgyzstan
- Lao People's Democratic Republic
- Latvia
- Lebanon
- Lesotho
- Liberia
- Lithuania
- Luxembourg
- Macao
- Madagascar
- Malawi
- Malaysia
- Maldives
- Mali
- Malta
- Marshall Islands
- Mauritius
- Mexico
- Micronesia, Federated States of
- Moldova, Republic of
- Mongolia
- Morocco
- Mozambique
- Myanmar
- Namibia
- Nauru
- Nepal
- Netherlands
- New Zealand
- Nicaragua
- Niger
- North Macedonia
- Norway
- Pakistan
- Palau
- Palestine, State of
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Philippines
- Poland
- Portugal
- Romania
- Russian Federation
- Rwanda
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- Samoa
- San Marino
- Saudi Arabia
- Senegal
- Serbia
- Seychelles
- Singapore
- Slovakia
- Slovenia
- Solomon Islands
- Somalia
- South Africa
- Spain
- Sri Lanka
- Sudan
- Sweden
- Switzerland
- Tajikistan
- Tanzania, United Republic of
- Thailand
- Timor-Leste
- Togo
- Tonga
- Trinidad and Tobago
- Tunisia
- Türkiye
- Uganda
- Ukraine
- United Arab Emirates
- United Kingdom
- United States
- Uruguay
- Uzbekistan
- Vanuatu
- Zambia
- Zimbabwe
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