Iceland: Consumption as percent of GDP
* indicates monthly or quarterly data series
The most recent value is 50.12 percent as of Q1 2025, a decline compared to the previous value of 50.21 percent. Historically, the average for Iceland from Q1 1995 to Q1 2025 is 52.85 percent. The minimum of 42.99 percent was recorded in Q3 2016, while the maximum of 60.44 percent was reached in Q2 2000.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: TheGlobalEconomy.com
| Recent values | Iceland: Consumption as percent of GDP |
|---|---|
| 2025 Q1 | 50.12 |
| 2024 Q4 | 50.21 |
| 2024 Q3 | 44.86 |
| 2024 Q2 | 49.87 |
| 2024 Q1 | 50.92 |
| 2023 Q4 | 50.3 |
| 2023 Q3 | 44.46 |
| 2023 Q2 | 50.42 |
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Definition: Household Consumption as percent of GDP
| 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 |