Iceland: Consumption as percent of GDP
* indicates monthly or quarterly data series
The most recent value is 45.27 percent as of Q3 2024, a decline compared to the previous value of 51.01 percent. Historically, the average for Iceland from Q1 1995 to Q3 2024 is 53.6 percent. The minimum of 43.73 percent was recorded in Q3 2016, while the maximum of 61.28 percent was reached in Q2 2000.
Click on the following link to see the values of: Consumption as percent of GDP around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: TheGlobalEconomy.com
| Recent values | Iceland: Consumption as percent of GDP |
|---|---|
| 2024 Q3 | 45.27 |
| 2024 Q2 | 51.01 |
| 2024 Q1 | 51.78 |
| 2023 Q4 | 52.33 |
| 2023 Q3 | 45.04 |
| 2023 Q2 | 51.16 |
| 2023 Q1 | 49.87 |
| 2022 Q4 | 53.42 |
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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 | 7.57 | 2023 | billion U.S. dollars |
| Household consumption, percent of GDP | 49.99 | 2023 | percent |
| Household consumption, in dollars | 15.51 | 2023 | billion U.S. dollars |
| Household consumption | 542.81 | Q3/2024 | billion |
| Consumption as percent of GDP | 45.27 | Q3/2024 | percent |
| Consumption growth | 6.40 | Q3/2024 | percent |
| Investment | 294.47 | Q3/2024 | billion |
| Investment as percent of GDP | 24.56 | Q3/2024 | percent |
| Investment growth | 9.60 | Q3/2024 | percent |