Cyclically adjusted primary balance, General government, Percent of in Iceland
Iceland: Cyclically adjusted primary balance, General government, Percent of was 1.76 in 2030. ◆ Volatile
Cyclically adjusted primary balance, General government, Percent of in Iceland, 1991–2030
Source: International Monetary Fund.
Analysis
The most recent figure for cyclically adjusted primary balance, general government, percent of in Iceland is 1.76, measured in 2030.
That represents a change of up 10.1% on the previous year and up 155.1% over ten years.
Over the whole period, cyclically adjusted primary balance, general government, percent of in Iceland peaked at 14.4 in 2016 and was at its lowest, -15.95, in 2008.
Iceland ranks 15th of 86 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Cyclically adjusted primary balance, General government, Percent of in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 1.71 | — |
| 1992 | 1.84 | +7.6% |
| 1993 | 2.03 | +10.4% |
| 1994 | 2.27 | +11.7% |
| 1995 | 2.66 | +17.2% |
| 1996 | 2.39 | -10.1% |
| 1997 | 2.25 | -5.6% |
| 1998 | 2.3 | +2.0% |
| 1999 | 2.96 | +28.6% |
| 2000 | 2.68 | -9.2% |
| 2001 | -0.4464 | -116.6% |
| 2002 | -0.7782 | +74.4% |
| 2003 | -0.4182 | -46.3% |
| 2004 | 0.2352 | -156.3% |
| 2005 | 3.31 | +1307.3% |
| 2006 | 3.96 | +19.5% |
| 2007 | 2.41 | -39.1% |
| 2008 | -15.95 | -761.8% |
| 2009 | -6.06 | -62.0% |
| 2010 | -2.21 | -63.6% |
| 2011 | -2.98 | +35.2% |
| 2012 | 1.28 | -143.0% |
| 2013 | 1.98 | +54.6% |
| 2014 | 4.33 | +118.8% |
| 2015 | 3.61 | -16.7% |
| 2016 | 14.4 | +298.9% |
| 2017 | 3.05 | -78.9% |
| 2018 | 1.2 | -60.6% |
| 2019 | -0.8579 | -171.5% |
| 2020 | -3.19 | +272.3% |
| 2021 | -4.05 | +26.9% |
| 2022 | -1.6 | -60.6% |
| 2023 | -1.16 | -27.5% |
| 2024 | -1.26 | +8.3% |
| 2025 | 0.7691 | -161.3% |
| 2026 | 0.8398 | +9.2% |
| 2027 | 1.14 | +36.3% |
| 2028 | 1.35 | +17.9% |
| 2029 | 1.6 | +18.4% |
| 2030 | 1.76 | +10.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.27 | 1.71 | 2.96 | 9 |
| 2000s | -1.11 | -15.95 | 3.96 | 10 |
| 2010s | 2.38 | -2.98 | 14.4 | 10 |
| 2020s | -0.556 | -4.05 | 1.6 | 10 |
| 2030s | 1.76 | 1.76 | 1.76 | 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 cyclically adjusted primary balance, general government, percent of in Iceland?
- Cyclically adjusted primary balance, general government, percent of in Iceland was 1.76 in 2030, according to International Monetary Fund.
- What is the highest cyclically adjusted primary balance, general government, percent of recorded in Iceland?
- The highest recorded value was 14.4 in 2016.
- What is the lowest cyclically adjusted primary balance, general government, percent of recorded in Iceland?
- The lowest recorded value was -15.95 in 2008.
- How does Iceland rank for cyclically adjusted primary balance, general government, percent of?
- Iceland ranks 15th out of 86 countries with data for 2030.
- Is cyclically adjusted primary balance, general government, percent of rising or falling in Iceland?
- Over the last ten years it is up 155.1%. 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 Cyclically adjusted primary balance, General government, Percent of potential GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October