Capital spending, Ratio of this level of government's expenditure on in Iceland
Iceland: Capital spending, Ratio of this level of government's expenditure on was 0.3715 in 2020. ◆ Volatile
Capital spending, Ratio of this level of government's expenditure on in Iceland, 1990–2020
Source: International Monetary Fund.
Analysis
Iceland recorded 0.3715 for capital spending, ratio of this level of government's expenditure on in 2020.
Compared with earlier readings it is up 13.3% on the previous year and up 1,266.9% over ten years.
Over the whole period, capital spending, ratio of this level of government's expenditure on in Iceland peaked at 2.46 in 2012 and was at its lowest, -0.114, in 2014.
Iceland ranks 60th of 78 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Capital spending, Ratio of this level of government's expenditure on in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.4299 | — |
| 1991 | 0.4233 | -1.5% |
| 1992 | 0.3744 | -11.6% |
| 1993 | 0.4355 | +16.3% |
| 1994 | 0.457 | +4.9% |
| 1995 | 0.518 | +13.4% |
| 1996 | 0.5332 | +2.9% |
| 1997 | 0.3777 | -29.2% |
| 1998 | 0.1195 | -68.4% |
| 1999 | 0.191 | +59.9% |
| 2000 | 0.0954 | -50.1% |
| 2001 | 0.2526 | +164.9% |
| 2002 | 0.2098 | -17.0% |
| 2003 | 0.41 | +95.5% |
| 2004 | 0.2098 | -48.8% |
| 2005 | 0.2595 | +23.7% |
| 2006 | 0.1892 | -27.1% |
| 2007 | 0.3298 | +74.2% |
| 2008 | 0.3483 | +5.6% |
| 2009 | 0.5253 | +50.8% |
| 2010 | -0.0318 | -106.1% |
| 2011 | 0.8608 | -2803.5% |
| 2012 | 2.46 | +185.3% |
| 2013 | 0.0541 | -97.8% |
| 2014 | -0.114 | -310.5% |
| 2015 | 0.2776 | -343.5% |
| 2016 | 0.1955 | -29.6% |
| 2017 | 0.2511 | +28.4% |
| 2018 | 0.4032 | +60.6% |
| 2019 | 0.328 | -18.7% |
| 2020 | 0.3715 | +13.3% |
Iceland compared with similar countries
- Iceland's 0.3715 is below the median for high income countries, which is 0.5506, 67% of the median. (42 countries reporting)
- Iceland's 0.3715 is below the median for Europe & Central Asia, which is 0.5683, 65% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Capital spending, Ratio of this level of government's expenditure on in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +2803.5% | -0.0318 | 0.8608 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3859 | 0.1195 | 0.5332 | 10 |
| 2000s | 0.283 | 0.0954 | 0.5253 | 10 |
| 2010s | 0.468 | -0.114 | 2.46 | 10 |
| 2020s | 0.3715 | 0.3715 | 0.3715 | 1 |
Countries ranked near Iceland
More public sector data for Iceland
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Military expenditure (current USD), per square kilometre 0 current USD per square kilometre (2023)
- Tax revenue 23.2% (2023)
- Capital stock, General government, Current prices, Domestic currency 1,595 (2019)
- Taxes on income, profits and capital gains 34.6% (2023)
- Capital stock, General government, Constant prices, Percent of GDP 51.25 (2019)
- Capital stock, General government, Constant prices, Purchasing power 10.26 (2019)
- Taxes on goods and services 35.2% (2023)
Frequently asked questions
- What is capital spending, ratio of this level of government's expenditure on in Iceland?
- Capital spending, ratio of this level of government's expenditure on in Iceland was 0.3715 in 2020, according to International Monetary Fund.
- What is the highest capital spending, ratio of this level of government's expenditure on recorded in Iceland?
- The highest recorded value was 2.46 in 2012.
- What is the lowest capital spending, ratio of this level of government's expenditure on recorded in Iceland?
- The lowest recorded value was -0.114 in 2014.
- How does Iceland rank for capital spending, ratio of this level of government's expenditure on?
- Iceland ranks 60th out of 78 countries with data for 2020.
- Is capital spending, ratio of this level of government's expenditure on rising or falling in Iceland?
- Over the last ten years it is up 1,266.9%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Capital spending, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.