Final consumption expenditure in Iceland
Iceland: Final consumption expenditure was 3.3% in 2025. ◆ Volatile
Final consumption expenditure in Iceland, 1971–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Iceland recorded 3.3% for final consumption expenditure in 2025.
Compared with earlier readings it is up 176.2% on the previous year and up 47.0% over ten years.
Over the whole period, final consumption expenditure in Iceland peaked at 15.3% in 1971 and was at its lowest, -9.4%, in 2009.
That places Iceland 84th out of 175 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.8% | -5.9% | 15.3% | 9 |
| 1980s | 3.6% | -3.1% | 13.6% | 10 |
| 1990s | 2.8% | -3.2% | 9.4% | 10 |
| 2000s | 2.2% | -9.4% | 9.5% | 10 |
| 2010s | 2.1% | -1.1% | 5.7% | 10 |
| 2020s | 2.9% | -0.0% | 6.1% | 6 |
Countries ranked near Iceland
More economy & growth data for Iceland
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
- Taxes less subsidies on products 3.88 billion current US$ (2025)
- Net primary income (Net income from abroad) -40.83 billion current LCU (2024)
- Net primary income (Net income from abroad) -295.94 million current US$ (2024)
- GNI per capita 12.60 million current LCU (2025)
- GNI per capita, Atlas method 89,220 current US$ (2025)
- GNI 4.94 trillion current LCU (2025)
Frequently asked questions
- What is final consumption expenditure in Iceland?
- Final consumption expenditure in Iceland was 3.3% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Iceland?
- The highest recorded value was 15.3% in 1971.
- What is the lowest final consumption expenditure recorded in Iceland?
- The lowest recorded value was -9.4% in 2009.
- How does Iceland rank for final consumption expenditure?
- Iceland ranks 84th out of 175 countries with data for 2025.
- Is final consumption expenditure rising or falling in Iceland?
- Over the last ten years it is up 47.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.