Public budgets
Iceland: public budget
What Iceland's government raised and what it spent it on, from the figures its own budget laws or a statistics office publish. Solon places every figure on the same international classification, so it can be compared with any other place.
General government, 1998
Outturn: what came in and was spent
General government: central, state and local government and social security funds together, consolidated so that money passed between them is counted once, as Eurostat's government finance statistics (ESA 2010) count it.
Amounts in EUR: Solon holds no 1998 rate to convert them to USD.
- Revenue
- €3.06B · 39.7% of GDP
- Spending
- €3.1B · 40.3% of GDP
- Surplus (+) or deficit (−)
- -€42.3M · -0.5% of GDP
What the money is spent on
Social protection€591.6M
Health€557.3M
Education€535.5M
General public services€520.7M
Economic affairs€496.6M
Recreation, culture and religion€210.9M
Public order and safety€108.2M
Environmental protection€53M
Housing and community amenities€25.6M
Defence€1.2M
Where the money comes from
Taxes on sales, production and imports€1.27B
Taxes on income and wealth€1.04B
Over the years
39.7 % of GDPRevenue · 1,99846.1 % of GDPRevenue · 1,99945.7 % of GDPRevenue · 2,00046.7 % of GDPRevenue · 2,00142.8 % of GDPRevenue · 2,00245 % of GDPRevenue · 2,00346.5 % of GDPRevenue · 2,00449.2 % of GDPRevenue · 2,00550.7 % of GDPRevenue · 2,00649.8 % of GDPRevenue · 2,00750.8 % of GDPRevenue · 2,00844.9 % of GDPRevenue · 2,00941.6 % of GDPRevenue · 2,01043.6 % of GDPRevenue · 2,01144.6 % of GDPRevenue · 2,01244.7 % of GDPRevenue · 2,01345.9 % of GDPRevenue · 2,01442.9 % of GDPRevenue · 2,01558.5 % of GDPRevenue · 2,01645.1 % of GDPRevenue · 2,01744.4 % of GDPRevenue · 2,01841.6 % of GDPRevenue · 2,01941.6 % of GDPRevenue · 2,02040.7 % of GDPRevenue · 2,02142.4 % of GDPRevenue · 2,02243.1 % of GDPRevenue · 2,02343 % of GDPRevenue · 2,02443 % of GDPRevenue · 2,02540.3 % of GDPSpending · 1,99844.8 % of GDPSpending · 1,99944.3 % of GDPSpending · 2,00047 % of GDPSpending · 2,00145 % of GDPSpending · 2,00247.3 % of GDPSpending · 2,00346.2 % of GDPSpending · 2,00444.2 % of GDPSpending · 2,00544.3 % of GDPSpending · 2,00644.2 % of GDPSpending · 2,00762.8 % of GDPSpending · 2,00853.4 % of GDPSpending · 2,00948.2 % of GDPSpending · 2,01050 % of GDPSpending · 2,01147.2 % of GDPSpending · 2,01245.6 % of GDPSpending · 2,01345.3 % of GDPSpending · 2,01443 % of GDPSpending · 2,01545.8 % of GDPSpending · 2,01643.8 % of GDPSpending · 2,01743.4 % of GDPSpending · 2,01843 % of GDPSpending · 2,01950.4 % of GDPSpending · 2,02048.7 % of GDPSpending · 2,02146.2 % of GDPSpending · 2,02245.2 % of GDPSpending · 2,02347.1 % of GDPSpending · 2,024
| Period | Revenue (% of GDP) | Spending (% of GDP) |
|---|---|---|
| 1,998 | 39.7 | 40.3 |
| 1,999 | 46.1 | 44.8 |
| 2,000 | 45.7 | 44.3 |
| 2,001 | 46.7 | 47 |
| 2,002 | 42.8 | 45 |
| 2,003 | 45 | 47.3 |
| 2,004 | 46.5 | 46.2 |
| 2,005 | 49.2 | 44.2 |
| 2,006 | 50.7 | 44.3 |
| 2,007 | 49.8 | 44.2 |
| 2,008 | 50.8 | 62.8 |
| 2,009 | 44.9 | 53.4 |
| 2,010 | 41.6 | 48.2 |
| 2,011 | 43.6 | 50 |
| 2,012 | 44.6 | 47.2 |
| 2,013 | 44.7 | 45.6 |
| 2,014 | 45.9 | 45.3 |
| 2,015 | 42.9 | 43 |
| 2,016 | 58.5 | 45.8 |
| 2,017 | 45.1 | 43.8 |
| 2,018 | 44.4 | 43.4 |
| 2,019 | 41.6 | 43 |
| 2,020 | 41.6 | 50.4 |
| 2,021 | 40.7 | 48.7 |
| 2,022 | 42.4 | 46.2 |
| 2,023 | 43.1 | 45.2 |
| 2,024 | 43 | 47.1 |
| 2,025 | 43 |
Where these figures come from
Change it
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