NAAG Chapter 3A: Components of aggregate demand — Final consumption in Iceland

Iceland: NAAG Chapter 3A: Components of aggregate demand — Final consumption was 0.3203 Percentage points in 2025. ◆ Volatile

Latest (2025)
0.3203 Percentage points
Change on year
down 27.4%
World rank
20th
of 34 countries
All-time high
1.27 Percentage points
in 2002
All-time low
-2.98 Percentage points
in 1995
Years of data
31
1995–2025

NAAG Chapter 3A: Components of aggregate demand — Final consumption in Iceland, 1995–2025

-3-2-1011995201020251995: -3 Percentage points1996: 0.282 Percentage points1997: -0.92 Percentage points1998: 0.78 Percentage points1999: 0.959 Percentage points2000: 1.1 Percentage points2001: 1.1 Percentage points2002: 1.3 Percentage points2003: 0.42 Percentage points2004: 0.555 Percentage points2005: 1.2 Percentage points2006: 1.1 Percentage points2007: 1 Percentage points2008: 1.2 Percentage points2009: -0.792 Percentage points2010: -0.765 Percentage points2011: -0.048 Percentage points2012: -0.471 Percentage points2013: 0.131 Percentage points2014: -0.042 Percentage points2015: -0.003 Percentage points2016: 0.246 Percentage points2017: 0.647 Percentage points2018: 1 Percentage points2019: 0.923 Percentage points2020: 1.2 Percentage points2021: 0.689 Percentage points2022: 0.474 Percentage points2023: 0.622 Percentage points2024: 0.441 Percentage points2025: 0.32 Percentage points

Source: Organisation for Economic Co-operation and Development. Measured in Percentage points.

Analysis

The most recent figure for naag chapter 3a: components of aggregate demand — final consumption in Iceland is 0.3203 Percentage points, measured in 2025.

The figure is down 27.4% on the previous year and up 11,126.8% over ten years.

Over the whole period, naag chapter 3a: components of aggregate demand — final consumption in Iceland peaked at 1.27 Percentage points in 2002 and was at its lowest, -2.98 Percentage points, in 1995.

Iceland ranks 20th of 34 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

NAAG Chapter 3A: Components of aggregate demand — Final consumption in Iceland, year by year

Annual values for NAAG Chapter 3A: Components of aggregate demand — Final consumption expenditure of general government contribution to GDP growth in Iceland, 1995 to 2025.
Year Percentage points Change
1995 -2.98 Percentage points
1996 0.2824 Percentage points -109.5%
1997 -0.9201 Percentage points -425.8%
1998 0.7797 Percentage points -184.7%
1999 0.9585 Percentage points +22.9%
2000 1.14 Percentage points +18.9%
2001 1.08 Percentage points -4.9%
2002 1.27 Percentage points +16.9%
2003 0.4197 Percentage points -66.9%
2004 0.5553 Percentage points +32.3%
2005 1.19 Percentage points +114.2%
2006 1.14 Percentage points -4.3%
2007 1.01 Percentage points -11.0%
2008 1.16 Percentage points +14.3%
2009 -0.7915 Percentage points -168.3%
2010 -0.7651 Percentage points -3.3%
2011 -0.0476 Percentage points -93.8%
2012 -0.4709 Percentage points +890.2%
2013 0.1312 Percentage points -127.9%
2014 -0.042 Percentage points -132.0%
2015 -0.0029 Percentage points -93.1%
2016 0.2458 Percentage points -8561.7%
2017 0.6466 Percentage points +163.0%
2018 1.02 Percentage points +57.7%
2019 0.9225 Percentage points -9.5%
2020 1.2 Percentage points +30.6%
2021 0.6888 Percentage points -42.8%
2022 0.4743 Percentage points -31.1%
2023 0.6224 Percentage points +31.2%
2024 0.4414 Percentage points -29.1%
2025 0.3203 Percentage points -27.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.3761 Percentage points -2.98 Percentage points 0.9585 Percentage points 5
2000s 0.8173 Percentage points -0.7915 Percentage points 1.27 Percentage points 10
2010s 0.1638 Percentage points -0.7651 Percentage points 1.02 Percentage points 10
2020s 0.6253 Percentage points 0.3203 Percentage points 1.2 Percentage points 6

Countries ranked near Iceland

  1. 17 Belgium 0.382 Percentage points compare
  2. 18 United Kingdom of Great Britain and Northern Ireland 0.3483 Percentage points compare
  3. 19 Germany 0.3316 Percentage points compare
  4. 21 Japan 0.3179 Percentage points compare
  5. 22 Sweden 0.27 Percentage points compare
  6. 23 Portugal 0.2663 Percentage points compare

See the full ranking of 45 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is naag chapter 3a: components of aggregate demand — final consumption in Iceland?
Naag chapter 3a: components of aggregate demand — final consumption in Iceland was 0.3203 Percentage points in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest naag chapter 3a: components of aggregate demand — final consumption recorded in Iceland?
The highest recorded value was 1.27 Percentage points in 2002.
What is the lowest naag chapter 3a: components of aggregate demand — final consumption recorded in Iceland?
The lowest recorded value was -2.98 Percentage points in 1995.
How does Iceland rank for naag chapter 3a: components of aggregate demand — final consumption?
Iceland ranks 20th out of 34 countries with data for 2025.
Is naag chapter 3a: components of aggregate demand — final consumption rising or falling in Iceland?
Over the last ten years it is up 11,126.8%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 3A: Components of aggregate demand — Final consumption expenditure of general government contribution to GDP growth. Statizoid updates them automatically from the source API.

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NAAG Chapter 3A: Components of aggregate demand — Final consumption in Iceland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 05 September 2026, from https://economy.statizoid.com/stat/naag-chapter-3a-components-of-aggregate-demand-final-consumption-expenditure-of-general/iceland/

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About this data

Indicator
NAAG Chapter 3A: Components of aggregate demand — Final consumption expenditure of general government contribution to GDP growth
Unit
Percentage points
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
45 places, 1,785 data points, 1970–2025
Last refreshed

The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.