Iceland — Government consumption (% of GDP)
% of GDP · Annual · 1950–2027 · 78 observations
About this series
Government final consumption expenditure is government spending on goods and services used to meet individual or collective needs, such as health, education, public order and defence. It is part of GDP and does not represent all government expenditure. This series expresses the aggregate as a percentage of GDP for the matching period.
For Iceland, the government consumption reading stood at 26.1% of GDP in 2025. Against 25.9% of GDP in 2024, the period change was +0.14 percentage points. It was above the selected 10-year average of 25.5% of GDP.
Get the full series
- Annual data, 1950–2027
- Quarterly data, 1960–2027
- The underlying source, downloadable
Latest observations
2012–2027
| Period | Value |
|---|---|
| 2027 | 25.3 % of GDP |
| 2026 | 25.5 % of GDP |
| 2025 | 26.1 % of GDP |
| 2024 | 25.9 % of GDP |
| 2023 | 25.2 % of GDP |
11 earlier values, back to 2012
| 2022 | 25.5 % of GDP |
| 2021 | 27.4 % of GDP |
| 2020 | 28.1 % of GDP |
| 2019 | 24.8 % of GDP |
| 2018 | 24.3 % of GDP |
| 2017 | 24 % of GDP |
| 2016 | 23.4 % of GDP |
| 2015 | 23.9 % of GDP |
| 2014 | 24.6 % of GDP |
| 2013 | 24.9 % of GDP |
| 2012 | 25.2 % of GDP |