Public Sector in Iceland 226 indicators covering public sector for Iceland. IndicatorLatest Year10-yr change Rank Total government revenue, in local currency 1.88 million 2023 up 112.9% 62nd Countries with National Human Rights Institutions in compliance with 0 2025 — 122nd Environmental taxes 67.11 billion 2022 up 60.5% 36th Environmental taxes, Taxes on transport (excluding fuel for transport) 19.35 billion 2022 up 59.7% 34th Cyclically adjusted balance, General government, Percent of potential -0.0362 2030 up 99.3% 17th Cyclically adjusted primary balance, General government, Percent of 1.76 2030 up 155.1% 15th Environmental taxes, Taxes on energy (including fuel for transport) 36.08 billion 2022 up 51.7% 42nd Government budget allocations for R&D — Government Allocations for R&D 257.19 US dollars, PPP converted 2024 up 95.1% 31st Annual government non-financial accounts and key indicators -120,104 National currency 2025 down 3,456.2% 21st Annual government non-financial accounts and key indicators (Revenue) 31,139 National currency 2025 up 423.7% 13th Environmental protection 28.60 billion 2022 up 167.9% 23rd Annual government non-financial accounts and key indicators 194,557 National currency 2025 up 211.6% 14th Annual government non-financial accounts and key indicators (Revenue) 2.11 million National currency 2025 up 110.6% 15th Annual government non-financial accounts and key indicators 709,592 National currency 2025 up 127.4% 13th NAAG Chapter 6: Government — Compensation of employees by general 14.32 Percentage of GDP 2025 up 7.1% 1st Central government debt, total 3.50 trillion current LCU 2023 up 26.1% 25th Taxes on exports 1.64 million current LCU 2010 down 86.3% 63rd Taxes on exports 0.0% 2010 down 92.8% 69th Annual government expenditure by function (COFOG) — Gross fixed 182,288 National currency 2024 up 195.8% 8th Annual government expenditure by function (COFOG) — Gross capital 186,101 National currency 2024 up 197.5% 10th Annual government expenditure by function (COFOG) — Compensation of 649,357 National currency 2024 up 131.4% 11th NAAG Chapter 6A: Government expenditure by function — Expenditure by 47.14 Percentage of GDP 2024 up 4.0% 11th Composition of General Services Support Estimate — Cost of public 10.89 Percentage of general services support estimate 2024 down 73.7% 3rd Annual government non-financial accounts and key indicators (Revenue) 0 National currency 2025 down 100.0% 20th Annual government non-financial accounts and key indicators 217,189 National currency 2025 up 37.2% 4th Environmental protection n.e.c. 4.32 billion 2022 up 369.8% 17th Protection of biodiversity and landscape 6.76 billion 2022 up 144.2% 14th Waste management 17.28 billion 2022 up 150.6% 8th Environmental taxes, Taxes on resources 336.56 million 2022 up 20,403.3% 31st Waste water management 0 2022 — 63rd Pollution abatement 0 2022 — 69th R&D Environmental protection 240.08 million 2022 up 159.4% 26th Taxes, Transactions 1.63 trillion 2025 up 121.6% 8th Social contributions, Transactions 153.86 billion 2025 up 93.0% 17th Revenue, Transactions 2.09 trillion 2025 up 109.0% 10th Compensation of employees, Transactions 709.59 billion 2025 up 127.4% 9th Use of goods and services, Transactions 570.08 billion 2025 up 129.9% 6th Consumption of fixed capital (CFC), Transactions 137.03 billion 2025 up 94.7% 9th Interest payable, Transactions 211.74 billion 2025 up 36.2% 6th Subsidies payable, Transactions 68.09 billion 2025 up 155.6% 8th Social benefits, Transactions 358.57 billion 2025 up 153.2% 15th Expenditure, Transactions 2.23 trillion 2025 up 121.9% 10th Expense, Transactions 2.17 trillion 2025 up 114.8% 10th Gross operating balance, Transactions 60.96 billion 2025 down 1.9% 7th Net operating balance, Transactions -76.07 billion 2025 down 820.9% 26th Overall primary balance, Transactions 135.67 billion 2025 down 7.8% 6th Environmental taxes, Taxes on pollution 11.35 billion 2022 up 91.3% 9th Taxes on income, profits, and capital gains, Transactions 920.16 billion 2025 up 140.5% 9th Subnational government expenditure 47.14 Percentage of GDP 2024 up 4.0% 13th Subnational government revenue 43.43 Percentage of GDP 2024 down 5.4% 15th Tax revenue decentralization, Ratio of this level of government's 0.6754 2020 down 5.1% 65th Taxes on income, profits, and capital gains, Ratio of this level of 0.5315 2020 down 4.1% 69th Capital spending, Ratio of this level of government's expenditure on 0.3715 2020 up 1,266.9% 60th Interest, payable, Ratio of this level of government's expenditure on 0.8988 2020 down 6.2% 60th Use of goods and services, Ratio of this level of government's 0.4429 2020 down 11.3% 53rd Institutional Investors' Indicators — Financial assets of pension 179.12 Percentage of GDP 2025 up 27.5% 1st Compensation of employees, Ratio of this level of government's 0.4911 2020 down 4.7% 50th Institutional Investors' Indicators — Financial liabilities of 179.17 Percentage of GDP 2025 up 27.4% 1st Social contributions, Ratio of this level of government's revenue 1 2020 unchanged 1st Taxes on goods and services, Ratio of this level of government's 0.9814 2020 down 0.4% 34th ← Previous Page 3 of 4 Next →