Iceland: Household consumption

* indicates monthly or quarterly data series
The most recent value is 585.21 billion Icelandic Krona as of Q1 2025, a decline compared to the previous value of 590.84 billion Icelandic Krona. Historically, the average for Iceland from Q1 1995 to Q1 2025 is 243.06 billion Icelandic Krona. The minimum of 59.39 billion Icelandic Krona was recorded in Q1 1995, while the maximum of 590.84 billion Icelandic Krona was reached in Q4 2024. Click on the following link to see the values of: Household consumption around the world.
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* indicates monthly or quarterly data series

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Recent values Iceland: Household consumption, billion currency units
2025  Q1 585.21
2024  Q4 590.84
2024  Q3 540.16
2024  Q2 573.92
2024  Q1 543.19
2023  Q4 559.66
2023  Q3 505.01
2023  Q2 550.15


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Definition: The market value of all goods and services, including durable products, purchased by households.

 Related indicators Latest Reference Measure
 Capital investment, percent of GDP 24.39 2023 percent
 Capital investment, in dollars 7.79 2023 billion U.S. dollars
 Household consumption, percent of GDP 49.51 2023 percent
 Household consumption, in dollars 15.51 2023 billion U.S. dollars
 Household consumption 585.21 Q1/2025 billion
 Consumption as percent of GDP 50.12 Q1/2025 percent
 Consumption growth 7.74 Q1/2025 percent
 Investment 329.49 Q1/2025 billion
 Investment as percent of GDP 28.22 Q1/2025 percent
 Investment growth 22.87 Q1/2025 percent
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