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.
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* indicates monthly or quarterly data series
- Measure: billion Icelandic Krona
- Source: Statistics Iceland
| 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 |