Cash surplus/deficit as a proportion of GDP in Iceland
Iceland: Cash surplus/deficit as a proportion of GDP was -32.1% in 2023. ▬ Flat
Latest (2023)
-32.1%
Change on year
up 1.5%
World rank
107th
of 162 countries
All-time high
-29.0%
in 2000
All-time low
-50.3%
in 2008
Years of data
24
2000–2023
Cash surplus/deficit as a proportion of GDP in Iceland, 2000–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for cash surplus/deficit as a proportion of gdp in Iceland is -32.1%, measured in 2023.
Compared with earlier readings it is up 1.5% on the previous year and up 6.8% over ten years.
Over the whole period, cash surplus/deficit as a proportion of gdp in Iceland peaked at -29.0% in 2000 and was at its lowest, -50.3%, in 2008.
Iceland ranks 107th of 162 countries on this measure, in the middle of the range.
Cash surplus/deficit as a proportion of GDP in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -29.0% | — |
| 2001 | -29.3% | +1.0% |
| 2002 | -30.1% | +3.0% |
| 2003 | -31.6% | +4.8% |
| 2004 | -30.2% | -4.3% |
| 2005 | -32.7% | +8.4% |
| 2006 | -32.3% | -1.5% |
| 2007 | -31.9% | -1.1% |
| 2008 | -50.3% | +57.7% |
| 2009 | -41.5% | -17.6% |
| 2010 | -37.5% | -9.6% |
| 2011 | -38.0% | +1.4% |
| 2012 | -36.6% | -3.8% |
| 2013 | -34.4% | -6.0% |
| 2014 | -34.0% | -1.2% |
| 2015 | -31.9% | -6.2% |
| 2016 | -35.0% | +9.8% |
| 2017 | -31.0% | -11.3% |
| 2018 | -30.4% | -2.1% |
| 2019 | -30.7% | +1.0% |
| 2020 | -36.4% | +18.4% |
| 2021 | -34.7% | -4.6% |
| 2022 | -32.6% | -6.1% |
| 2023 | -32.1% | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -33.9% | -50.3% | -29.0% | 10 |
| 2010s | -33.9% | -38.0% | -30.4% | 10 |
| 2020s | -33.9% | -36.4% | -32.1% | 4 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 9.4 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 63.74 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 6.27 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.32 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3194 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 31,408 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 17.29 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7569 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is cash surplus/deficit as a proportion of gdp in Iceland?
- Cash surplus/deficit as a proportion of gdp in Iceland was -32.1% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest cash surplus/deficit as a proportion of gdp recorded in Iceland?
- The highest recorded value was -29.0% in 2000.
- What is the lowest cash surplus/deficit as a proportion of gdp recorded in Iceland?
- The lowest recorded value was -50.3% in 2008.
- How does Iceland rank for cash surplus/deficit as a proportion of gdp?
- Iceland ranks 107th out of 162 countries with data for 2023.
- Is cash surplus/deficit as a proportion of gdp rising or falling in Iceland?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).