Households and NPISHs Final consumption expenditure in Iceland

Iceland: Households and NPISHs Final consumption expenditure was 4.3% in 2025. ◆ Volatile

Latest (2025)
4.3%
Change on year
up 389.9%
World rank
61st
of 177 countries
All-time high
11.8%
in 1998
All-time low
-12.4%
in 2009
Years of data
35
1991–2025

Households and NPISHs Final consumption expenditure in Iceland, 1991–2025

-10-505101991200820251991: 3 annual % growth1992: -3.2 annual % growth1993: -4.6 annual % growth1994: 2.9 annual % growth1995: 2.2 annual % growth1996: 5 annual % growth1997: 6.3 annual % growth1998: 11.8 annual % growth1999: 7.3 annual % growth2000: 3.9 annual % growth2001: -2.8 annual % growth2002: -0.725 annual % growth2003: 5.9 annual % growth2004: 7.1 annual % growth2005: 11.7 annual % growth2006: 3.8 annual % growth2007: 6.7 annual % growth2008: -6.7 annual % growth2009: -12.4 annual % growth2010: -0.154 annual % growth2011: 2.2 annual % growth2012: 2 annual % growth2013: 0.896 annual % growth2014: 2.6 annual % growth2015: 3.3 annual % growth2016: 5.3 annual % growth2017: 7.1 annual % growth2018: 3.7 annual % growth2019: 0.875 annual % growth2020: -2.5 annual % growth2021: 8.1 annual % growth2022: 7.6 annual % growth2023: 0.435 annual % growth2024: 0.883 annual % growth2025: 4.3 annual % growth

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.

Analysis

The most recent figure for households and npishs final consumption expenditure in Iceland is 4.3%, measured in 2025.

The figure is up 389.9% on the previous year and up 32.1% over ten years.

Over the whole period, households and npishs final consumption expenditure in Iceland peaked at 11.8% in 1998 and was at its lowest, -12.4%, in 2009.

That places Iceland 61st out of 177 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.

Households and NPISHs Final consumption expenditure in Iceland, year by year

Annual values for Households and NPISHs Final consumption expenditure (annual % growth) in Iceland, 1991 to 2025.
Year annual % growth Change
1991 3.0%
1992 -3.2% -207.6%
1993 -4.6% +43.4%
1994 2.9% -161.9%
1995 2.2% -24.8%
1996 5.0% +132.7%
1997 6.3% +25.0%
1998 11.8% +87.4%
1999 7.3% -38.2%
2000 3.9% -45.8%
2001 -2.8% -170.6%
2002 -0.7% -74.0%
2003 5.9% -919.4%
2004 7.1% +20.4%
2005 11.7% +63.2%
2006 3.8% -67.3%
2007 6.7% +75.5%
2008 -6.7% -199.6%
2009 -12.4% +85.1%
2010 -0.2% -98.8%
2011 2.2% -1506.0%
2012 2.0% -7.0%
2013 0.9% -55.6%
2014 2.6% +190.9%
2015 3.3% +25.5%
2016 5.3% +61.4%
2017 7.1% +34.9%
2018 3.7% -47.4%
2019 0.9% -76.6%
2020 -2.5% -380.5%
2021 8.1% -431.7%
2022 7.6% -6.6%
2023 0.4% -94.3%
2024 0.9% +102.7%
2025 4.3% +389.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.4% -4.6% 11.8% 9
2000s 1.7% -12.4% 11.7% 10
2010s 2.8% -0.2% 7.1% 10
2020s 3.2% -2.5% 8.1% 6

Countries ranked near Iceland

  1. 58 Ghana 4.5% compare
  2. 59 Algeria 4.4% compare
  3. 60 Palau 4.3% compare
  4. 62 Tunisia 4.3% compare
  5. 63 Republic of Moldova 4.2% compare
  6. 64 Mali 4.1% compare

See the full ranking of 219 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is households and npishs final consumption expenditure in Iceland?
Households and npishs final consumption expenditure in Iceland was 4.3% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest households and npishs final consumption expenditure recorded in Iceland?
The highest recorded value was 11.8% in 1998.
What is the lowest households and npishs final consumption expenditure recorded in Iceland?
The lowest recorded value was -12.4% in 2009.
How does Iceland rank for households and npishs final consumption expenditure?
Iceland ranks 61st out of 177 countries with data for 2025.
Is households and npishs final consumption expenditure rising or falling in Iceland?
Over the last ten years it is up 32.1%. 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 Households and NPISHs Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.

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Households and NPISHs Final consumption expenditure in Iceland. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 06 September 2026, from https://economy.statizoid.com/stat/households-and-npishs-final-consumption-expenditure-annual-percent-growth/iceland/

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About this data

Indicator
Households and NPISHs Final consumption expenditure (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
219 places, 8,990 data points, 1961–2025
Last refreshed

This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.