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

Iceland: NAAG Chapter 3A: Components of aggregate demand — Final consumption was 2.12 Percentage points in 2025. ◆ Volatile

Latest (2025)
2.12 Percentage points
Change on year
up 394.1%
World rank
6th
of 34 countries
All-time high
6.58 Percentage points
in 1998
All-time low
-6.35 Percentage points
in 2009
Years of data
31
1995–2025

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

-5051995201020251995: 1.2 Percentage points1996: 2.8 Percentage points1997: 3.5 Percentage points1998: 6.6 Percentage points1999: 4.1 Percentage points2000: 2.3 Percentage points2001: -1.6 Percentage points2002: -0.394 Percentage points2003: 3.2 Percentage points2004: 4 Percentage points2005: 6.5 Percentage points2006: 2.2 Percentage points2007: 3.7 Percentage points2008: -3.7 Percentage points2009: -6.3 Percentage points2010: -0.079 Percentage points2011: 1.1 Percentage points2012: 1 Percentage points2013: 0.475 Percentage points2014: 1.4 Percentage points2015: 1.7 Percentage points2016: 2.6 Percentage points2017: 3.5 Percentage points2018: 1.9 Percentage points2019: 0.434 Percentage points2020: -1.2 Percentage points2021: 4.2 Percentage points2022: 3.9 Percentage points2023: 0.217 Percentage points2024: 0.43 Percentage points2025: 2.1 Percentage points

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

Analysis

Iceland recorded 2.12 Percentage points for naag chapter 3a: components of aggregate demand — final consumption in 2025.

The figure is up 394.1% on the previous year and up 25.2% over ten years.

Over the whole period, naag chapter 3a: components of aggregate demand — final consumption in Iceland peaked at 6.58 Percentage points in 1998 and was at its lowest, -6.35 Percentage points, in 2009.

That places Iceland 6th out of 34 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.

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 households and NPISH contribution to GDP growth in Iceland, 1995 to 2025.
Year Percentage points Change
1995 1.19 Percentage points
1996 2.78 Percentage points +133.4%
1997 3.5 Percentage points +26.0%
1998 6.58 Percentage points +88.2%
1999 4.1 Percentage points -37.7%
2000 2.29 Percentage points -44.1%
2001 -1.63 Percentage points -171.2%
2002 -0.3944 Percentage points -75.8%
2003 3.18 Percentage points -905.7%
2004 3.99 Percentage points +25.4%
2005 6.52 Percentage points +63.6%
2006 2.19 Percentage points -66.4%
2007 3.73 Percentage points +70.4%
2008 -3.66 Percentage points -198.2%
2009 -6.35 Percentage points +73.3%
2010 -0.079 Percentage points -98.8%
2011 1.1 Percentage points -1498.0%
2012 1.04 Percentage points -6.1%
2013 0.4746 Percentage points -54.3%
2014 1.36 Percentage points +186.6%
2015 1.7 Percentage points +24.6%
2016 2.6 Percentage points +53.1%
2017 3.46 Percentage points +33.3%
2018 1.85 Percentage points -46.4%
2019 0.4335 Percentage points -76.6%
2020 -1.21 Percentage points -379.5%
2021 4.17 Percentage points -444.4%
2022 3.9 Percentage points -6.6%
2023 0.2167 Percentage points -94.4%
2024 0.4296 Percentage points +98.2%
2025 2.12 Percentage points +394.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.63 Percentage points 1.19 Percentage points 6.58 Percentage points 5
2000s 0.986 Percentage points -6.35 Percentage points 6.52 Percentage points 10
2010s 1.39 Percentage points -0.079 Percentage points 3.46 Percentage points 10
2020s 1.6 Percentage points -1.21 Percentage points 4.17 Percentage points 6

Countries ranked near Iceland

  1. 3 Costa Rica 2.55 Percentage points compare
  2. 3 Lithuania 1.17 Percentage points compare
  3. 4 South Africa 2.3 Percentage points compare
  4. 4 Slovenia 0.895 Percentage points compare
  5. 5 Portugal 2.17 Percentage points compare
  6. 7 United States 2 Percentage points compare
  7. 7 Netherlands 0.5331 Percentage points compare
  8. 8 Latvia 0.4389 Percentage points compare
  9. 8 Spain 1.86 Percentage points compare
  10. 9 Mexico 1.79 Percentage points compare
  11. 9 Estonia -0.0697 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 2.12 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 6.58 Percentage points in 1998.
What is the lowest naag chapter 3a: components of aggregate demand — final consumption recorded in Iceland?
The lowest recorded value was -6.35 Percentage points in 2009.
How does Iceland rank for naag chapter 3a: components of aggregate demand — final consumption?
Iceland ranks 6th 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 25.2%. 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 households and NPISH 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 29 August 2026, from https://economy.statizoid.com/stat/naag-chapter-3a-components-of-aggregate-demand-final-consumption-expenditure-of/iceland/

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About this data

Indicator
NAAG Chapter 3A: Components of aggregate demand — Final consumption expenditure of households and NPISH 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, 1,786 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.