Iceland General government revenue (% of GDP) Statistics

15, Jul 2019, EDT.

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Country or Region: Iceland › Change country
Economic Indicator: General government revenue (% of GDP) › See all Iceland indicators, › See General government revenue (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Icelandic Kr
Currency Symbol: ISK

Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. See notes for: General government revenue (National currency).

General government revenue (% of GDP) Statistics for Iceland , Year 2015 - In Detail

General government revenue (% of GDP) for Iceland in year 2015 is 44.331 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

This makes Iceland No. 22 in world rankings according to General government revenue (% of GDP) in year 2015. The world's average General government revenue (% of GDP) value is 30.23 %; Iceland is 14.10 more than the average.

In the previous year, 2014, General government revenue (% of GDP) for Iceland was 45.27 % General government revenue (% of GDP) for Iceland in 2015 was or will be 2.07% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (% of GDP) for Iceland was or will be 57.25 %, which is 29.15% more than the 2015 figure.

* Source: IMF
General government revenue (% of GDP) for Iceland, in other Years
Year %
  2021 41.491
  2020 41.738
  2019 41.984
  2018 42.662
  2017 41.821
  2016 57.252
2015 44.331
  2014 45.267
  2013 42.121
  2012 41.682
  2011 40.124
  2010 39.623
  2009 38.826
  2008 42.535
  2007 45.929
  2006 47.004
  2005 45.922
  2004 42.661
  2003 41.631
  2002 40.637
  2001 40.948
  2000 42.559
  1999 42.389
  1998 40.127
  1997 41.651
  1996 41.532
  1995 40.861
  1994 39.764
  1993 40.125
  1992 42.169
  1991 41.567
  1990 38.842
  1989 38.077
  1988 38.917
  1987 35.181
  1986 35.018
  1985 34.923
  1984 36.392
  1983 35.316
  1982 37.21
  1981 36.137
  1980 34.83