Households and NPISHs final consumption expenditure in Iceland
Iceland: Households and NPISHs final consumption expenditure was 49.6% in 2025. ▼ Falling
Households and NPISHs final consumption expenditure in Iceland, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Iceland recorded 49.6% for households and npishs final consumption expenditure in 2025.
The figure is up 1.1% on the previous year and up 0.9% over ten years.
Over the whole period, households and npishs final consumption expenditure in Iceland peaked at 59.7% in 1987 and was at its lowest, 48.6%, in 2016.
That places Iceland 154th out of 190 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 56 years of available data.
Households and NPISHs final consumption expenditure in Iceland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 58.0% | — |
| 1971 | 57.6% | -0.6% |
| 1972 | 56.5% | -2.0% |
| 1973 | 53.4% | -5.4% |
| 1974 | 55.7% | +4.2% |
| 1975 | 54.8% | -1.6% |
| 1976 | 53.4% | -2.7% |
| 1977 | 53.2% | -0.3% |
| 1978 | 53.6% | +0.7% |
| 1979 | 54.6% | +1.8% |
| 1980 | 54.4% | -0.3% |
| 1981 | 55.8% | +2.6% |
| 1982 | 56.9% | +1.9% |
| 1983 | 56.9% | +0.1% |
| 1984 | 58.5% | +2.8% |
| 1985 | 59.7% | +2.1% |
| 1986 | 57.9% | -2.9% |
| 1987 | 59.7% | +3.0% |
| 1988 | 58.4% | -2.3% |
| 1989 | 57.9% | -0.9% |
| 1990 | 56.9% | -1.6% |
| 1991 | 57.7% | +1.4% |
| 1992 | 57.8% | +0.2% |
| 1993 | 55.4% | -4.2% |
| 1994 | 54.5% | -1.7% |
| 1995 | 55.2% | +1.2% |
| 1996 | 55.6% | +0.8% |
| 1997 | 55.9% | +0.4% |
| 1998 | 56.3% | +0.8% |
| 1999 | 58.0% | +3.0% |
| 2000 | 58.5% | +0.8% |
| 2001 | 54.4% | -7.0% |
| 2002 | 53.5% | -1.7% |
| 2003 | 55.7% | +4.2% |
| 2004 | 55.9% | +0.3% |
| 2005 | 57.4% | +2.7% |
| 2006 | 55.7% | -2.9% |
| 2007 | 54.9% | -1.5% |
| 2008 | 51.4% | -6.4% |
| 2009 | 51.2% | -0.3% |
| 2010 | 51.0% | -0.6% |
| 2011 | 51.4% | +1.0% |
| 2012 | 52.9% | +2.9% |
| 2013 | 52.2% | -1.5% |
| 2014 | 51.8% | -0.7% |
| 2015 | 49.2% | -5.1% |
| 2016 | 48.6% | -1.2% |
| 2017 | 49.5% | +1.8% |
| 2018 | 49.5% | +0.1% |
| 2019 | 49.4% | -0.3% |
| 2020 | 51.2% | +3.8% |
| 2021 | 51.2% | -0.0% |
| 2022 | 49.8% | -2.9% |
| 2023 | 48.7% | -2.2% |
| 2024 | 49.1% | +0.9% |
| 2025 | 49.6% | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 55.1% | 53.2% | 58.0% | 10 |
| 1980s | 57.6% | 54.4% | 59.7% | 10 |
| 1990s | 56.3% | 54.5% | 58.0% | 10 |
| 2000s | 54.9% | 51.2% | 58.5% | 10 |
| 2010s | 50.5% | 48.6% | 52.9% | 10 |
| 2020s | 49.9% | 48.7% | 51.2% | 6 |
Countries ranked near Iceland
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure in Iceland?
- Households and npishs final consumption expenditure in Iceland was 49.6% 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 59.7% in 1987.
- What is the lowest households and npishs final consumption expenditure recorded in Iceland?
- The lowest recorded value was 48.6% in 2016.
- How does Iceland rank for households and npishs final consumption expenditure?
- Iceland ranks 154th out of 190 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 0.9%. The long-run trend across the full record is falling.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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About this data
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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.