General government final consumption expenditure (current US$) in Iceland
Iceland: General government final consumption expenditure (current US$) was 16.88 % change on previous year in 2025. ◆ Volatile
General government final consumption expenditure (current US$) in Iceland, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for general government final consumption expenditure (current us$) in Iceland is 16.88 % change on previous year, measured in 2025.
The figure is up 118.2% on the previous year and up 450.4% over ten years.
Over the whole period, general government final consumption expenditure (current us$) in Iceland peaked at 45.96 % change on previous year in 1974 and was at its lowest, -24.16 % change on previous year, in 2009.
That places Iceland 31st out of 185 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure (current US$) in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 31.51 % change on previous year | — |
| 1972 | 38.95 % change on previous year | +23.6% |
| 1973 | 33.11 % change on previous year | -15.0% |
| 1974 | 45.96 % change on previous year | +38.8% |
| 1975 | -4.98 % change on previous year | -110.8% |
| 1976 | 13.09 % change on previous year | -362.8% |
| 1977 | 33.25 % change on previous year | +154.0% |
| 1978 | 20.59 % change on previous year | -38.1% |
| 1979 | 17.29 % change on previous year | -16.0% |
| 1980 | 14.26 % change on previous year | -17.5% |
| 1981 | 5.15 % change on previous year | -63.9% |
| 1982 | -3.45 % change on previous year | -167.0% |
| 1983 | -13.37 % change on previous year | +287.3% |
| 1984 | -4.85 % change on previous year | -63.7% |
| 1985 | 9.8 % change on previous year | -302.0% |
| 1986 | 36.88 % change on previous year | +276.5% |
| 1987 | 44.55 % change on previous year | +20.8% |
| 1988 | 16.82 % change on previous year | -62.3% |
| 1989 | -10.09 % change on previous year | -160.0% |
| 1990 | 13.22 % change on previous year | -231.0% |
| 1991 | 10.28 % change on previous year | -22.3% |
| 1992 | 5.58 % change on previous year | -45.7% |
| 1993 | -10.11 % change on previous year | -281.3% |
| 1994 | 2.17 % change on previous year | -121.5% |
| 1995 | 14.03 % change on previous year | +545.0% |
| 1996 | 3.93 % change on previous year | -72.0% |
| 1997 | -6.05 % change on previous year | -253.9% |
| 1998 | 12.85 % change on previous year | -312.3% |
| 1999 | 8.64 % change on previous year | -32.7% |
| 2000 | 2.61 % change on previous year | -69.8% |
| 2001 | -8.6 % change on previous year | -429.5% |
| 2002 | 20.86 % change on previous year | -342.5% |
| 2003 | 25.96 % change on previous year | +24.4% |
| 2004 | 16.13 % change on previous year | -37.9% |
| 2005 | 22.52 % change on previous year | +39.6% |
| 2006 | 2.43 % change on previous year | -89.2% |
| 2007 | 21.66 % change on previous year | +791.4% |
| 2008 | -15.31 % change on previous year | -170.7% |
| 2009 | -24.16 % change on previous year | +57.8% |
| 2010 | 3.1 % change on previous year | -112.8% |
| 2011 | 10.83 % change on previous year | +249.5% |
| 2012 | -3.79 % change on previous year | -135.0% |
| 2013 | 7.14 % change on previous year | -288.2% |
| 2014 | 9.84 % change on previous year | +37.8% |
| 2015 | -4.82 % change on previous year | -149.0% |
| 2016 | 16.69 % change on previous year | -446.5% |
| 2017 | 21.93 % change on previous year | +31.4% |
| 2018 | 7.77 % change on previous year | -64.6% |
| 2019 | -4.28 % change on previous year | -155.1% |
| 2020 | -0.1462 % change on previous year | -96.6% |
| 2021 | 16.33 % change on previous year | -11275.6% |
| 2022 | 3.52 % change on previous year | -78.4% |
| 2023 | 7.14 % change on previous year | +102.5% |
| 2024 | 7.74 % change on previous year | +8.4% |
| 2025 | 16.88 % change on previous year | +118.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.42 % change on previous year | -4.98 % change on previous year | 45.96 % change on previous year | 9 |
| 1980s | 9.57 % change on previous year | -13.37 % change on previous year | 44.55 % change on previous year | 10 |
| 1990s | 5.45 % change on previous year | -10.11 % change on previous year | 14.03 % change on previous year | 10 |
| 2000s | 6.41 % change on previous year | -24.16 % change on previous year | 25.96 % change on previous year | 10 |
| 2010s | 6.44 % change on previous year | -4.82 % change on previous year | 21.93 % change on previous year | 10 |
| 2020s | 8.58 % change on previous year | -0.1462 % change on previous year | 16.88 % change on previous year | 6 |
Countries ranked near Iceland
- 28 Tunisia 17.59 % change on previous year compare
- 29 Zimbabwe 17.56 % change on previous year compare
- 30 Serbia 17.17 % change on previous year compare
- 32 Albania 16.83 % change on previous year compare
- 33 Latvia 16.59 % change on previous year compare
- 34 Eswatini 16.48 % change on previous year compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 19.51 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1932 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 18,994 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.2606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 25,628 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 8.82 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 33.48 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 3.29 million current LCU per person (2025)
Frequently asked questions
- What is general government final consumption expenditure (current us$) in Iceland?
- General government final consumption expenditure (current us$) in Iceland was 16.88 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current us$) recorded in Iceland?
- The highest recorded value was 45.96 % change on previous year in 1974.
- What is the lowest general government final consumption expenditure (current us$) recorded in Iceland?
- The lowest recorded value was -24.16 % change on previous year in 2009.
- How does Iceland rank for general government final consumption expenditure (current us$)?
- Iceland ranks 31st out of 185 countries with data for 2025.
- Is general government final consumption expenditure (current us$) rising or falling in Iceland?
- Over the last ten years it is up 450.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of General government final consumption expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in General government final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in General government final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.