Statizoid

Other expense in Iceland

Iceland: Other expense was 10.6% in 2023. ◆ Volatile

Latest (2023)
10.6%
Change on year
up 18.3%
World rank
40th
of 147 countries
All-time high
30.9%
in 2008
All-time low
1.7%
in 1997
Years of data
34
1990–2023

Other expense in Iceland, 1990–2023

01020301990200620231990: 4.9 % of expense1991: 5.4 % of expense1992: 4.4 % of expense1993: 2.6 % of expense1994: 4.2 % of expense1995: 2 % of expense1996: 2.8 % of expense1997: 1.7 % of expense1998: 16 % of expense1999: 15.6 % of expense2000: 15.2 % of expense2001: 11 % of expense2002: 10.3 % of expense2003: 10.3 % of expense2004: 9.7 % of expense2005: 8.9 % of expense2006: 8.5 % of expense2007: 8.4 % of expense2008: 30.9 % of expense2009: 9.5 % of expense2010: 13 % of expense2011: 11.8 % of expense2012: 9.8 % of expense2013: 8.8 % of expense2014: 13.1 % of expense2015: 10.8 % of expense2016: 21.7 % of expense2017: 9.1 % of expense2018: 9.2 % of expense2019: 9.1 % of expense2020: 11.3 % of expense2021: 10.3 % of expense2022: 8.9 % of expense2023: 10.6 % of expense

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.

Analysis

The most recent figure for other expense in Iceland is 10.6%, measured in 2023.

Compared with earlier readings it is up 18.3% on the previous year and up 20.6% over ten years.

Over the whole period, other expense in Iceland peaked at 30.9% in 2008 and was at its lowest, 1.7%, in 1997.

Iceland ranks 40th of 147 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.0% 1.7% 16.0% 10
2000s 12.3% 8.4% 30.9% 10
2010s 11.6% 8.8% 21.7% 10
2020s 10.3% 8.9% 11.3% 4

Countries ranked near Iceland

  1. 37 Latvia 11.6% compare
  2. 38 Bahamas 11.5% compare
  3. 39 Croatia 11.3% compare
  4. 41 Norway 10.2% compare
  5. 42 Switzerland 10.2% compare
  6. 43 Romania 10.1% compare

See the full ranking of 188 places →

More public sector data for Iceland

All data for Iceland →

Frequently asked questions

What is other expense in Iceland?
Other expense in Iceland was 10.6% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest other expense recorded in Iceland?
The highest recorded value was 30.9% in 2008.
What is the lowest other expense recorded in Iceland?
The lowest recorded value was 1.7% in 1997.
How does Iceland rank for other expense?
Iceland ranks 40th out of 147 countries with data for 2023.
Is other expense rising or falling in Iceland?
Over the last ten years it is up 20.6%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Other expense (% of expense). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Other expense (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
188 places, 3,953 data points, 1990–2024
Last refreshed

Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.