Iceland - Goods and services expense

Goods and services expense (current LCU)

The value for Goods and services expense (current LCU) in Iceland was 124,257,000,000 as of 2010. As the graph below shows, over the past 12 years this indicator reached a maximum value of 126,567,000,000 in 2009 and a minimum value of 36,702,700,000 in 1998.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1998 36,702,700,000
1999 44,153,700,000
2000 50,489,300,000
2001 56,610,680,000
2002 62,444,480,000
2003 65,111,970,000
2004 71,425,550,000
2005 76,090,350,000
2006 83,943,570,000
2007 93,758,080,000
2008 112,952,000,000
2009 126,567,000,000
2010 124,257,000,000

Goods and services expense (% of expense)

Goods and services expense (% of expense) in Iceland was 20.37 as of 2010. Its highest value over the past 12 years was 24.43 in 2006, while its lowest value was 17.22 in 2008.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1998 20.76
1999 22.74
2000 24.25
2001 23.86
2002 24.01
2003 23.25
2004 24.12
2005 24.11
2006 24.43
2007 24.16
2008 17.22
2009 22.18
2010 20.37

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance