Iceland — Household consumption (% of GDP)
% of GDP · Annual · 1950–2027 · 78 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 49.6% of GDP in 2025, compared with 49.1% of GDP in 2024. The period change was +0.53 percentage points. The latest reading was below the selected 10-year average of 49.7% 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 | 48.4 % of GDP |
| 2026 | 48.7 % of GDP |
| 2025 | 49.6 % of GDP |
| 2024 | 49.1 % of GDP |
| 2023 | 48.7 % of GDP |
11 earlier values, back to 2012
| 2022 | 49.8 % of GDP |
| 2021 | 51.2 % of GDP |
| 2020 | 51.2 % of GDP |
| 2019 | 49.4 % of GDP |
| 2018 | 49.5 % of GDP |
| 2017 | 49.5 % of GDP |
| 2016 | 48.6 % of GDP |
| 2015 | 49.2 % of GDP |
| 2014 | 51.8 % of GDP |
| 2013 | 52.2 % of GDP |
| 2012 | 52.9 % of GDP |