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Iceland Fiscal Balance
-2.8% GDPas of 2025
Iceland's fiscal balance stands at -2.8% GDP as of 2025. The indicator has decreased from 0.6% in 2014 to -2.8% in 2025. Source: IMF WEO.
Historical trend (2014–2025)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | 0.6% GDP | — |
| 2015 | -0.1% GDP | -0.7pp |
| 2016 | 12.7% GDP | +12.8pp |
| 2017 | 1.3% GDP | -11.4pp |
| 2018 | 1% GDP | -0.3pp |
| 2019 | -1.4% GDP | -2.4pp |
| 2020 | -8.8% GDP | -7.4pp |
| 2021 | -8% GDP | +0.8pp |
| 2022 | -3.8% GDP | +4.2pp |
| 2023 | -2.3% GDP | +1.5pp |
| 2024 | -3.7% GDP | -1.4pp |
| 2025 | -2.8% GDP | +0.9pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.