24Peaks / Europe / Iceland / Primary Balance (% of GDP)

Iceland - Primary Balance (% of GDP) 3.39

IMF GFS (accrual) · updated 2026-10-03 · 102 economies tracked

Latest value

3.39 (2023)

Global rank

##12 of 102 economies

Share of global total

11.5%

Growth since 2017

0.5×

Ranking Race — Primary Balance (% of GDP)

1 = global #1 · higher value ranks higher

#1#17#33#49#65#81201720222025#5#122022 overtook Bosnia and Herzegovina2023 overtook Brazil
IcelandTürkiyeCanadaNew ZealandUnited States

Real annual global ranks, 2017 - 2025. Iceland climbed from #5 to #12 (overtook Bosnia and Herzegovina). Gaps in a lane = missing data that year.

Key events for Iceland ↓

Key Events — Iceland

Auto-detected from rank data + curated milestones

2020
Fell 37 places in global rank auto
2022
Overtook Bosnia and Herzegovina in global rank auto
2022
Climbed 47 places in global rank auto
2023
Overtook Brazil in global rank auto

Primary Balance (% of GDP), 2017-2023

IMF GFS (accrual) · % of GDP · linear scale · ranking in the race above
201720222023-4.95-1.052.856.75

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