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Iceland: Total consumption (% of GDP)

Percent of GDP · 1950–2025 · 76 observations · forecasts to 2027 · cons_GDP

2025
75.7%percent of GDP
Change on 2024
+0.7 pointsfrom 75.0%
Average, 2016–2025
75.1%10 years
Record high and low
87.0% (1951)low 68.4% (1965)

Total consumption (% of GDP)

Report error
65%70%75%80%85%90%19501960197019801990200020102020IcelandIceland
ForecastPercent of GDP

Compare with other countries →Definition of Total consumption (% of GDP)

Recent values

Percent of GDP

YearValue
202775.2Forecast
202675.5Forecast
202575.7
202475.0
202373.9
202275.3
202178.7
202079.3
201974.2
201873.8
201773.4
201672.0

Sources

This series is derived from other GMD variables.

Iceland documentation (PDF)

More for Iceland

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Total consumption (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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