GBARD by type of funding in Iceland

Iceland: GBARD by type of funding was 356.87 Million euro in 2025. ◆ Volatile

Latest (2025)
356.87 Million euro
Change on year
up 11.9%
World rank
45th
of 50 countries
All-time high
356.87 Million euro
in 2025
All-time low
89.49 Million euro
in 2013
Years of data
22
2004–2025

GBARD by type of funding in Iceland, 2004–2025

1002003004002004201420252004: 94.4 Million euro2005: 115.2 Million euro2006: 115.2 Million euro2007: 127.6 Million euro2008: 95.2 Million euro2009: 94.4 Million euro2010: 97.9 Million euro2011: 102.6 Million euro2012: 111.4 Million euro2013: 89.5 Million euro2014: 97.1 Million euro2015: 116.9 Million euro2016: 153 Million euro2017: 179.9 Million euro2018: 189.8 Million euro2019: 182.9 Million euro2020: 195.6 Million euro2021: 255.1 Million euro2022: 294.3 Million euro2023: 318 Million euro2024: 318.9 Million euro2025: 356.9 Million euro

Source: Eurostat. Measured in Million euro.

Analysis

In 2025, gbard by type of funding in Iceland stood at 356.87 Million euro. That is the highest value across all 22 years on record.

The figure is up 11.9% on the previous year and up 205.2% over ten years.

Over the whole period, gbard by type of funding in Iceland peaked at 356.87 Million euro in 2025 and was at its lowest, 89.49 Million euro, in 2013.

That places Iceland 45th out of 50 countries with data for 2025, putting it in the bottom quarter.

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

GBARD by type of funding in Iceland, year by year

Annual values for GBARD by type of funding in Iceland, 2004 to 2025.
Year Million euro Change
2004 94.41 Million euro —
2005 115.2 Million euro +22.0%
2006 115.2 Million euro -0.0%
2007 127.63 Million euro +10.8%
2008 95.2 Million euro -25.4%
2009 94.44 Million euro -0.8%
2010 97.89 Million euro +3.7%
2011 102.58 Million euro +4.8%
2012 111.4 Million euro +8.6%
2013 89.49 Million euro -19.7%
2014 97.11 Million euro +8.5%
2015 116.92 Million euro +20.4%
2016 152.97 Million euro +30.8%
2017 179.89 Million euro +17.6%
2018 189.78 Million euro +5.5%
2019 182.86 Million euro -3.6%
2020 195.59 Million euro +7.0%
2021 255.09 Million euro +30.4%
2022 294.31 Million euro +15.4%
2023 318.02 Million euro +8.1%
2024 318.92 Million euro +0.3%
2025 356.87 Million euro +11.9%

Iceland compared with similar countries

  • Iceland's 356.87 Million euro is below the median for Europe & Central Asia, which is 1,276 Million euro, 28% of the median. (33 countries reporting)
  • Iceland's 356.87 Million euro is below the median for high income countries, which is 2,883 Million euro, 12% of the median. (35 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 107.01 Million euro 94.41 Million euro 127.63 Million euro 6
2010s 132.09 Million euro 89.49 Million euro 189.78 Million euro 10
2020s 289.8 Million euro 195.59 Million euro 356.87 Million euro 6

Countries ranked near Iceland

  1. 43 Serbia 362.33 Million euro compare
  2. 44 Romania 358.83 Million euro compare
  3. 46 Latvia 194.07 Million euro compare
  4. 46 Latvia 194.07 Million euro compare
  5. 48 Cyprus 112 Million euro compare

See the full ranking of 54 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is gbard by type of funding in Iceland?
Gbard by type of funding in Iceland was 356.87 Million euro in 2025, according to Eurostat.
What is the highest gbard by type of funding recorded in Iceland?
The highest recorded value was 356.87 Million euro in 2025.
What is the lowest gbard by type of funding recorded in Iceland?
The lowest recorded value was 89.49 Million euro in 2013.
How does Iceland rank for gbard by type of funding?
Iceland ranks 45th out of 50 countries with data for 2025.
Is gbard by type of funding rising or falling in Iceland?
Over the last ten years it is up 205.2%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of GBARD by type of funding. Statizoid updates them automatically from the source API.

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GBARD by type of funding in Iceland. Statizoid, drawing on Eurostat. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/gbard-by-type-of-funding/iceland/

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About this data

Indicator
GBARD by type of funding
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
54 places, 1,127 data points, 2004–2025
Last refreshed