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Central government accounting status in Iceland

Iceland: Central government accounting status was 1 in 2023. ▬ Flat

Latest (2023)
1
Change on year
unchanged
World rank
1st
of 188 countries
All-time high
1
in 2016
All-time low
1
in 2016
Years of data
8
2016–2023

Central government accounting status in Iceland, 2016–2023

00.20.40.60.812016201920232016: 12017: 12018: 12019: 12020: 12021: 12022: 12023: 1

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).

Analysis

Iceland recorded 1 for central government accounting status in 2023. That is the highest value across all 8 years on record.

Compared with earlier readings it is unchanged over ten years.

Iceland ranks 1st of 188 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2010s 1 1 1 4
2020s 1 1 1 4

Countries ranked near Iceland

  1. 1 Albania 1 compare
  2. 1 Argentina 1 compare
  3. 1 Australia 1 compare
  4. 1 Austria 1 compare
  5. 1 Belgium 1 compare
  6. 1 Bosnia and Herzegovina 1 compare
  7. 1 Brazil 1 compare
  8. 1 Bulgaria 1 compare
  9. 1 Burkina Faso 1 compare
  10. 1 Canada 1 compare
  11. 1 Chile 1 compare
  12. 1 Colombia 1 compare
  13. 1 Congo 1 compare
  14. 1 Cote d'Ivoire 1 compare
  15. 1 Croatia 1 compare
  16. 1 Cyprus 1 compare
  17. 1 Czechia 1 compare
  18. 1 Denmark 1 compare
  19. 1 Dominican Republic 1 compare
  20. 1 El Salvador 1 compare
  21. 1 Estonia 1 compare
  22. 1 Finland 1 compare
  23. 1 France 1 compare
  24. 1 Germany 1 compare
  25. 1 Greece 1 compare
  26. 1 Guatemala 1 compare
  27. 1 Honduras 1 compare
  28. 1 Hungary 1 compare
  29. 1 Indonesia 1 compare
  30. 1 Ireland 1 compare
  31. 1 Israel 1 compare
  32. 1 Italy 1 compare
  33. 1 Japan 1 compare
  34. 1 Kenya 1 compare
  35. 1 South Korea 1 compare
  36. 1 Latvia 1 compare
  37. 1 Lithuania 1 compare
  38. 1 Luxembourg 1 compare
  39. 1 Malta 1 compare
  40. 1 Mauritius 1 compare
  41. 1 Mongolia 1 compare
  42. 1 Namibia 1 compare
  43. 1 Netherlands 1 compare
  44. 1 New Zealand 1 compare
  45. 1 Norway 1 compare
  46. 1 Paraguay 1 compare
  47. 1 Peru 1 compare
  48. 1 Poland 1 compare
  49. 1 Portugal 1 compare
  50. 1 Romania 1 compare
  51. 1 Russia 1 compare
  52. 1 Rwanda 1 compare
  53. 1 San Marino 1 compare
  54. 1 Saudi Arabia 1 compare
  55. 1 Senegal 1 compare
  56. 1 Slovakia 1 compare
  57. 1 Slovenia 1 compare
  58. 1 South Africa 1 compare
  59. 1 Spain 1 compare
  60. 1 Sweden 1 compare
  61. 1 Switzerland 1 compare
  62. 1 Thailand 1 compare
  63. 1 Turkey 1 compare
  64. 1 United Arab Emirates 1 compare
  65. 1 United Kingdom 1 compare
  66. 1 United States 1 compare
  67. 1 Palestine 1 compare

See the full ranking of 190 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is central government accounting status in Iceland?
Central government accounting status in Iceland was 1 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest central government accounting status recorded in Iceland?
The highest recorded value was 1 in 2016.
What is the lowest central government accounting status recorded in Iceland?
The lowest recorded value was 1 in 2016.
How does Iceland rank for central government accounting status?
Iceland ranks 1st out of 188 countries with data for 2023.
Is central government accounting status rising or falling in Iceland?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of Central government accounting status. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Central government accounting status
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 1,520 data points, 2016–2023
Last refreshed

Government finance accounting status refers to the accounting basis for reporting central government financial data. For many countries’ government finance data, have been consolidated into one set of accounts capturing all the central government’s fiscal activities and following noncash recording basis. Budgetary central government accounts do not necessarily include all central government units, the picture they provide of central government activities is usually incomplete.