OECD Economic Outlook 117: General government net financial in Iceland
Iceland: OECD Economic Outlook 117: General government net financial was -2.8 in 2100. ◆ Volatile
OECD Economic Outlook 117 long-term scenarios — General government in Iceland, 1998–2100
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for oecd economic outlook 117 long-term scenarios — general government in Iceland is -2.8, measured in 2100.
The figure is down 1.3% on the previous year and up 0.2% over ten years.
Over the whole period, oecd economic outlook 117 long-term scenarios — general government in Iceland peaked at 27.87 in 2012 and was at its lowest, -20.2, in 2007.
That places Iceland 22nd out of 28 countries with data for 2100, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
OECD Economic Outlook 117: General government net financial in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 15.62 | — |
| 1999 | 8.85 | -43.4% |
| 2000 | 8.28 | -6.4% |
| 2001 | 3.46 | -58.2% |
| 2002 | 1.75 | -49.5% |
| 2003 | 3.67 | +109.9% |
| 2004 | 2.05 | -44.1% |
| 2005 | -9.81 | -578.1% |
| 2006 | -14.66 | +49.4% |
| 2007 | -20.2 | +37.8% |
| 2008 | 0.2963 | -101.5% |
| 2009 | 13.52 | +4462.7% |
| 2010 | 21.33 | +57.8% |
| 2011 | 25.97 | +21.7% |
| 2012 | 27.87 | +7.3% |
| 2013 | 26.17 | -6.1% |
| 2014 | 24.35 | -7.0% |
| 2015 | 22.29 | -8.5% |
| 2016 | 7.9 | -64.6% |
| 2017 | 6.47 | -18.1% |
| 2018 | 4.99 | -22.8% |
| 2019 | 6.24 | +25.0% |
| 2020 | 15.28 | +144.7% |
| 2021 | 12.8 | -16.2% |
| 2022 | 8.27 | -35.4% |
| 2023 | 7.43 | -10.2% |
| 2024 | 4.98 | -33.0% |
| 2025 | -1.63 | -132.7% |
| 2026 | -3.44 | +111.4% |
| 2027 | -3.94 | +14.7% |
| 2028 | -4.68 | +18.7% |
| 2029 | -5.41 | +15.5% |
| 2030 | -5.97 | +10.4% |
| 2031 | -6.29 | +5.3% |
| 2032 | -6.34 | +0.9% |
| 2033 | -6.18 | -2.5% |
| 2034 | -5.87 | -5.1% |
| 2035 | -5.46 | -7.0% |
| 2036 | -5.01 | -8.1% |
| 2037 | -4.56 | -9.0% |
| 2038 | -4.09 | -10.2% |
| 2039 | -3.65 | -10.9% |
| 2040 | -3.27 | -10.5% |
| 2041 | -2.96 | -9.5% |
| 2042 | -2.72 | -7.9% |
| 2043 | -2.57 | -5.4% |
| 2044 | -2.49 | -3.3% |
| 2045 | -2.43 | -2.3% |
| 2046 | -2.38 | -2.1% |
| 2047 | -2.34 | -1.8% |
| 2048 | -2.29 | -2.1% |
| 2049 | -2.24 | -2.1% |
| 2050 | -2.2 | -1.7% |
| 2051 | -2.18 | -1.2% |
| 2052 | -2.16 | -1.0% |
| 2053 | -2.11 | -1.9% |
| 2054 | -2.02 | -4.4% |
| 2055 | -1.87 | -7.3% |
| 2056 | -1.68 | -10.5% |
| 2057 | -1.47 | -12.2% |
| 2058 | -1.27 | -13.5% |
| 2059 | -1.1 | -13.9% |
| 2060 | -0.9783 | -10.7% |
| 2061 | -0.9401 | -3.9% |
| 2062 | -0.9766 | +3.9% |
| 2063 | -1.07 | +9.4% |
| 2064 | -1.2 | +12.3% |
| 2065 | -1.36 | +13.7% |
| 2066 | -1.54 | +12.8% |
| 2067 | -1.73 | +12.5% |
| 2068 | -1.92 | +11.2% |
| 2069 | -2.1 | +9.3% |
| 2070 | -2.25 | +7.2% |
| 2071 | -2.38 | +5.4% |
| 2072 | -2.46 | +3.6% |
| 2073 | -2.52 | +2.2% |
| 2074 | -2.54 | +0.9% |
| 2075 | -2.53 | -0.3% |
| 2076 | -2.51 | -0.9% |
| 2077 | -2.5 | -0.2% |
| 2078 | -2.52 | +0.5% |
| 2079 | -2.55 | +1.4% |
| 2080 | -2.6 | +1.8% |
| 2081 | -2.67 | +2.7% |
| 2082 | -2.76 | +3.4% |
| 2083 | -2.85 | +3.4% |
| 2084 | -2.92 | +2.4% |
| 2085 | -2.95 | +0.9% |
| 2086 | -2.94 | -0.3% |
| 2087 | -2.9 | -1.3% |
| 2088 | -2.86 | -1.3% |
| 2089 | -2.83 | -1.1% |
| 2090 | -2.81 | -0.9% |
| 2091 | -2.79 | -0.5% |
| 2092 | -2.78 | -0.4% |
| 2093 | -2.78 | +0.0% |
| 2094 | -2.79 | +0.1% |
| 2095 | -2.78 | -0.2% |
| 2096 | -2.76 | -0.6% |
| 2097 | -2.74 | -0.8% |
| 2098 | -2.74 | -0.0% |
| 2099 | -2.76 | +0.8% |
| 2100 | -2.8 | +1.3% |
Iceland compared with similar countries
- Iceland's -2.8 is below the median for high income countries, which is 30.66. (27 countries reporting)
- Iceland's -2.8 is below the median for Europe & Central Asia, which is 30.66. (21 countries reporting)
Biggest year-on-year movements
Years where OECD Economic Outlook 117: General government net financial in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +4462.7% | 0.2963 | 13.52 |
| 2005 | -578.1% | 2.05 | -9.81 |
| 2020 | +144.7% | 6.24 | 15.28 |
| 2025 | -132.7% | 4.98 | -1.63 |
| 2026 | -111.4% | -1.63 | -3.44 |
| 2003 | +109.9% | 1.75 | 3.67 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.24 | 8.85 | 15.62 | 2 |
| 2000s | -1.16 | -20.2 | 13.52 | 10 |
| 2010s | 17.36 | 4.99 | 27.87 | 10 |
| 2020s | 2.97 | -5.41 | 15.28 | 10 |
| 2030s | -5.34 | -6.34 | -3.65 | 10 |
| 2040s | -2.57 | -3.27 | -2.24 | 10 |
| 2050s | -1.81 | -2.2 | -1.1 | 10 |
| 2060s | -1.38 | -2.1 | -0.9401 | 10 |
| 2070s | -2.48 | -2.55 | -2.25 | 10 |
| 2080s | -2.83 | -2.95 | -2.6 | 10 |
| 2090s | -2.77 | -2.81 | -2.74 | 10 |
| 2100s | -2.8 | -2.8 | -2.8 | 1 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is oecd economic outlook 117 long-term scenarios — general government in Iceland?
- Oecd economic outlook 117 long-term scenarios — general government in Iceland was -2.8 in 2100, according to Organisation for Economic Co-operation and Development.
- What is the highest oecd economic outlook 117 long-term scenarios — general government recorded in Iceland?
- The highest recorded value was 27.87 in 2012.
- What is the lowest oecd economic outlook 117 long-term scenarios — general government recorded in Iceland?
- The lowest recorded value was -20.2 in 2007.
- How does Iceland rank for oecd economic outlook 117 long-term scenarios — general government?
- Iceland ranks 22nd out of 28 countries with data for 2100.
- Is oecd economic outlook 117 long-term scenarios — general government rising or falling in Iceland?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of OECD Economic Outlook 117 long-term scenarios — General government net financial liabilities as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
Long-run economic scenarios (to 2100) are produced every 2-3 years to look at factors influencing the global economy that play out over many decades. Different vintages look at a different set of scenarios described in an associated publication. Selected series from these scenarios are available here for individual OECD, accession and G20 economies. A breakdown of the global economy by regions (following World Bank definitions) is also provided.