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Iceland: Government consumption (USD)

Millions of US dollars · 1950–2025 · 76 observations · forecasts to 2027 · gcons_USD

2025
10.1 billionUS dollars
Change on 2024
+16.9%year on year
Average growth, 2015–2025
+9.1%a year

Government consumption (USD)

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10M100M1B10B100B19501960197019801990200020102020IcelandIceland
ForecastUS dollars

Compare with other countries →Definition of Government consumption (USD)

Recent values

Millions of US dollars

YearValue
202711,710Forecast
202611,192Forecast
202510,056
20248,605
20237,982
20227,444
20217,197
20206,196
20196,197
20186,471
20176,012
20164,934

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 →

Government consumption (USD) elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

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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