Iceland — Household consumption (% of GDP)
% of GDP · Annual · 1950–2026 · 77 observations
About this series
Household final consumption expenditure records spending by households and nonprofit institutions serving households on goods and services for current use. It is a component of GDP. This series expresses the aggregate as a percentage of GDP for the matching period.
In Iceland, the household consumption reading was 49.8% of GDP in 2025, compared with 50% of GDP in 2024. The period change was −0.15 percentage points. The latest reading was below the selected 10-year average of 50.3% of GDP.
Get the full series
- Annual data, 1950–2026
- Quarterly data, 1960–2026
- All 2 sources, downloadable
Latest observations
2011–2026
| Period | Value |
|---|---|
| 2026 | 49.6 % of GDP |
| 2025 | 49.8 % of GDP |
| 2024 | 50 % of GDP |
| 2023 | 49.5 % of GDP |
| 2022 | 50.2 % of GDP |
11 earlier values, back to 2011
| 2021 | 51.4 % of GDP |
| 2020 | 52 % of GDP |
| 2019 | 50.2 % of GDP |
| 2018 | 50.3 % of GDP |
| 2017 | 50.1 % of GDP |
| 2016 | 49.3 % of GDP |
| 2015 | 49.7 % of GDP |
| 2014 | 52.3 % of GDP |
| 2013 | 52.5 % of GDP |
| 2012 | 53.5 % of GDP |
| 2011 | 51.9 % of GDP |