Iceland — Government consumption (USD)
millions of USD · Annual · 1950–2026 · 77 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 reports the amount in millions of US dollars.
Iceland's government consumption reading was 9.51B USD in 2025. The period change from 8.45B USD in 2024 was +12.5%. The latest reading was above the selected 10-year average of 6.94B USD. The corresponding ratio to GDP was 25.4% in 2025.
Get the full series
- Annual data, 1950–2026
- Quarterly data, 1960–2026
- All 2 sources, downloadable
Latest observations
2011–2026
| Period | Value |
|---|---|
| 2026 | 9.24B USD |
| 2025 | 9.51B USD |
| 2024 | 8.45B USD |
| 2023 | 7.86B USD |
| 2022 | 7.36B USD |
11 earlier values, back to 2011
| 2021 | 7.06B USD |
| 2020 | 6.08B USD |
| 2019 | 6.07B USD |
| 2018 | 6.34B USD |
| 2017 | 5.86B USD |
| 2016 | 4.79B USD |
| 2015 | 4.11B USD |
| 2014 | 4.31B USD |
| 2013 | 3.92B USD |
| 2012 | 3.65B USD |
| 2011 | 3.78B USD |