Iceland - Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Iceland was 79.15 as of 2020. Its highest value over the past 50 years was 82.86 in 2005, while its lowest value was 68.17 in 1973.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 71.33
1971 71.42
1972 71.71
1973 68.17
1974 72.07
1975 71.57
1976 69.33
1977 69.30
1978 70.63
1979 72.15
1980 71.39
1981 73.09
1982 75.05
1983 75.19
1984 75.24
1985 77.38
1986 76.07
1987 78.63
1988 78.36
1989 77.27
1990 78.03
1991 79.49
1992 80.24
1993 78.24
1994 77.18
1995 78.36
1996 78.75
1997 77.76
1998 78.48
1999 80.95
2000 81.95
2001 77.95
2002 78.59
2003 81.66
2004 80.77
2005 82.86
2006 80.65
2007 79.42
2008 76.07
2009 76.63
2010 76.24
2011 76.73
2012 78.22
2013 76.82
2014 76.40
2015 73.11
2016 72.28
2017 73.77
2018 74.40
2019 74.27
2020 79.15

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts