Iceland Government Budget ValueIceland Government Budget ValueIceland Government Budget Value

Iceland Government Budget Value

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Key data points


Last release
Observation period
Q2 2024
Next release
Forecast
Highest
‪359.80 B‬ISK on Mar 31, 2016
Lowest
‪−231.30 B‬ISK on Dec 31, 2008

About Iceland Government Budget Value


Category
Government
Frequency
Quarterly
Units
ISK
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.