Iceland: Government spending, in dollars
(measure: billion U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series
Iceland: Government spending, billion USD: For that indicator, The World Bank provides data for Iceland from 1960 to 2017. The average value for Iceland during that period was 1.58 billion U.S. dollars with a minumum of 0.03 billion U.S. dollars in 1960 and a maximum of 5.74 billion U.S. dollars in 2017. See the global rankings for that indicator or use the country comparator to compare trends over time.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.