Iceland - Gross national expenditure (constant 2010 US$)

The latest value for Gross national expenditure (constant 2010 US$) in Iceland was 19,324,610,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 19,752,700,000 in 2019 and 3,717,700,000 in 1970.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1970 3,717,700,000
1971 4,766,422,000
1972 4,702,064,000
1973 5,286,794,000
1974 6,012,015,000
1975 5,670,794,000
1976 5,496,322,000
1977 6,317,051,000
1978 6,471,656,000
1979 6,692,506,000
1980 7,077,820,000
1981 7,539,626,000
1982 8,039,013,000
1983 7,011,751,000
1984 7,682,646,000
1985 7,753,981,000
1986 8,030,968,000
1987 9,378,159,000
1988 9,474,996,000
1989 8,967,063,000
1990 9,269,415,000
1991 9,696,065,000
1992 9,208,780,000
1993 8,927,989,000
1994 9,011,427,000
1995 9,253,331,000
1996 9,850,635,000
1997 10,487,680,000
1998 11,998,720,000
1999 12,499,030,000
2000 13,285,640,000
2001 13,029,720,000
2002 12,803,010,000
2003 13,500,720,000
2004 14,861,500,000
2005 16,900,000,000
2006 18,734,800,000
2007 18,772,740,000
2008 17,490,440,000
2009 14,180,630,000
2010 13,829,720,000
2011 14,263,520,000
2012 14,452,760,000
2013 14,586,140,000
2014 15,238,080,000
2015 16,206,010,000
2016 17,449,160,000
2017 18,688,140,000
2018 19,564,330,000
2019 19,752,700,000
2020 19,324,610,000

Aggregation method: Gap-filled total

Base Period: 2010

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts