Recreation, culture and religion, Ratio of this level of government's in Iceland
Iceland: Recreation, culture and religion, Ratio of this level of government's was 0.3229 in 2020. ▼ Falling
Recreation, culture and religion, Ratio of this level of government's in Iceland, 1998–2020
Source: International Monetary Fund.
Analysis
Iceland recorded 0.3229 for recreation, culture and religion, ratio of this level of government's in 2020.
The figure is down 6.3% on the previous year and down 0.3% over ten years.
Over the whole period, recreation, culture and religion, ratio of this level of government's in Iceland peaked at 0.5695 in 2011 and was at its lowest, 0.3182, in 2008.
Iceland ranks 45th of 59 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Recreation, culture and religion, Ratio of this level of government's in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 0.3484 | — |
| 1999 | 0.359 | +3.0% |
| 2000 | 0.3604 | +0.4% |
| 2001 | 0.4315 | +19.7% |
| 2002 | 0.4084 | -5.4% |
| 2003 | 0.3806 | -6.8% |
| 2004 | 0.3796 | -0.3% |
| 2005 | 0.3751 | -1.2% |
| 2006 | 0.3631 | -3.2% |
| 2007 | 0.3336 | -8.1% |
| 2008 | 0.3182 | -4.6% |
| 2009 | 0.3361 | +5.6% |
| 2010 | 0.3238 | -3.7% |
| 2011 | 0.5695 | +75.9% |
| 2012 | 0.3708 | -34.9% |
| 2013 | 0.3569 | -3.7% |
| 2014 | 0.3422 | -4.1% |
| 2015 | 0.3583 | +4.7% |
| 2016 | 0.3423 | -4.5% |
| 2017 | 0.3389 | -1.0% |
| 2018 | 0.3438 | +1.4% |
| 2019 | 0.3448 | +0.3% |
| 2020 | 0.3229 | -6.3% |
Iceland compared with similar countries
- Iceland's 0.3229 is below the median for high income countries, which is 0.4558, 71% of the median. (36 countries reporting)
- Iceland's 0.3229 is below the median for Europe & Central Asia, which is 0.4834, 67% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Recreation, culture and religion, Ratio of this level of government's 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 | +75.9% | 0.3238 | 0.5695 |
| 2012 | -34.9% | 0.5695 | 0.3708 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3537 | 0.3484 | 0.359 | 2 |
| 2000s | 0.3686 | 0.3182 | 0.4315 | 10 |
| 2010s | 0.3691 | 0.3238 | 0.5695 | 10 |
| 2020s | 0.3229 | 0.3229 | 0.3229 | 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 recreation, culture and religion, ratio of this level of government's in Iceland?
- Recreation, culture and religion, ratio of this level of government's in Iceland was 0.3229 in 2020, according to International Monetary Fund.
- What is the highest recreation, culture and religion, ratio of this level of government's recorded in Iceland?
- The highest recorded value was 0.5695 in 2011.
- What is the lowest recreation, culture and religion, ratio of this level of government's recorded in Iceland?
- The lowest recorded value was 0.3182 in 2008.
- How does Iceland rank for recreation, culture and religion, ratio of this level of government's?
- Iceland ranks 45th out of 59 countries with data for 2020.
- Is recreation, culture and religion, ratio of this level of government's rising or falling in Iceland?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Recreation, culture and religion, 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.