Global Statistics and Country Indicators
Iceland Fiscal Balance Over Time (1980–2026)
Fiscal Balance
Data table
| 1980 | 1.3% | 1992 | -1.8% | 2004 | 0.3% | 2016 | 12.7% |
| 1981 | 1.3% | 1993 | -4.2% | 2005 | 5% | 2017 | 1.3% |
| 1982 | 1.7% | 1994 | -4.4% | 2006 | 6.4% | 2018 | 1% |
| 1983 | -1.9% | 1995 | -2.8% | 2007 | 5.6% | 2019 | -1.4% |
| 1984 | 2.2% | 1996 | -1.5% | 2008 | -12% | 2020 | -8.8% |
| 1985 | -1.5% | 1997 | 0% | 2009 | -8.5% | 2021 | -8% |
| 1986 | -3.8% | 1998 | -0.6% | 2010 | -6.6% | 2022 | -3.8% |
| 1987 | -0.8% | 1999 | 1.3% | 2011 | -6.4% | 2023 | -2.3% |
| 1988 | -1.9% | 2000 | 1.4% | 2012 | -2.6% | 2024 | -3.7% |
| 1989 | -4.2% | 2001 | -0.3% | 2013 | -0.9% | 2025 | -2.8% |
| 1990 | -3.1% | 2002 | -2.2% | 2014 | 0.6% | 2026 | -1.1% |
| 1991 | -0.6% | 2003 | -2.3% | 2015 | -0.1% |
Fiscal Balance
Data table
| 1980 | 227M | 1992 | -7.6B | 2004 | 3.22B | 2016 | 323.4B |
| 1981 | 341M | 1993 | -18.34B | 2005 | 53.58B | 2017 | 34.17B |
| 1982 | 695M | 1994 | -20.54B | 2006 | 79.64B | 2018 | 30.17B |
| 1983 | -1.36B | 1995 | -13.22B | 2007 | 78.31B | 2019 | -44.34B |
| 1984 | 2.07B | 1996 | -7.47B | 2008 | -192.4B | 2020 | -262.9B |
| 1985 | -1.95B | 1997 | 249M | 2009 | -138.9B | 2021 | -265.3B |
| 1986 | -6.49B | 1998 | -3.38B | 2010 | -111.6B | 2022 | -150.7B |
| 1987 | -1.68B | 1999 | 8.59B | 2011 | -114.6B | 2023 | -101.2B |
| 1988 | -5.1B | 2000 | 10.29B | 2012 | -48.41B | 2024 | -169.9B |
| 1989 | -13.96B | 2001 | -2.17B | 2013 | -17.39B | 2025 | -137B |
| 1990 | -11.98B | 2002 | -19.04B | 2014 | 12.46B | 2026 | -61.01B |
| 1991 | -2.68B | 2003 | -19.97B | 2015 | -3.37B |
Primary Fiscal Balance
Data table
| 1980 | 0.8% | 1992 | 0% | 2004 | 1.3% | 2016 | 15.5% |
| 1981 | 1.2% | 1993 | -2.2% | 2005 | 5.4% | 2017 | 4.2% |
| 1982 | 1.3% | 1994 | -2.3% | 2006 | 5.7% | 2018 | 3.2% |
| 1983 | -2.5% | 1995 | -0.2% | 2007 | 4.8% | 2019 | 0.7% |
| 1984 | 2.1% | 1996 | 0.9% | 2008 | -13.3% | 2020 | -6.7% |
| 1985 | -1.7% | 1997 | 2.3% | 2009 | -6.1% | 2021 | -5.8% |
| 1986 | -3.4% | 1998 | 2% | 2010 | -4.2% | 2022 | -0.5% |
| 1987 | -0.6% | 1999 | 3.2% | 2011 | -4.2% | 2023 | 0.8% |
| 1988 | -0.8% | 2000 | 2.9% | 2012 | 0.2% | 2024 | -0.6% |
| 1989 | -2.9% | 2001 | 0.7% | 2013 | 2.2% | 2025 | 0.2% |
| 1990 | -1% | 2002 | -1.3% | 2014 | 4% | 2026 | 1.3% |
| 1991 | 1.1% | 2003 | -1.2% | 2015 | 3.4% |
Primary Fiscal Balance
Data table
| 1980 | 140M | 1992 | 66M | 2004 | 13.19B | 2016 | 394.4B |
| 1981 | 328M | 1993 | -9.69B | 2005 | 58.23B | 2017 | 113.7B |
| 1982 | 527M | 1994 | -10.46B | 2006 | 70.9B | 2018 | 92.27B |
| 1983 | -1.76B | 1995 | -790M | 2007 | 67.76B | 2019 | 20.34B |
| 1984 | 1.95B | 1996 | 4.38B | 2008 | -213.4B | 2020 | -199.1B |
| 1985 | -2.14B | 1997 | 12.4B | 2009 | -98.84B | 2021 | -193.4B |
| 1986 | -5.8B | 1998 | 12.02B | 2010 | -71.94B | 2022 | -20.59B |
| 1987 | -1.32B | 1999 | 21.12B | 2011 | -75.35B | 2023 | 36.49B |
| 1988 | -2.13B | 2000 | 20.75B | 2012 | 4.66B | 2024 | -26.16B |
| 1989 | -9.78B | 2001 | 6B | 2013 | 43.38B | 2025 | 7.82B |
| 1990 | -3.75B | 2002 | -11.1B | 2014 | 84.23B | 2026 | 68.82B |
| 1991 | 4.55B | 2003 | -10.23B | 2015 | 78.76B |