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
NAAG Chapter 3A: Components of aggregate demand — Final consumption in Iceland, 1995–2025
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
| 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
| Decade | Average | Lowest | Highest | 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
- 3 Costa Rica 2.55 Percentage points compare
- 3 Lithuania 1.17 Percentage points compare
- 4 South Africa 2.3 Percentage points compare
- 4 Slovenia 0.895 Percentage points compare
- 5 Portugal 2.17 Percentage points compare
- 7 United States 2 Percentage points compare
- 7 Netherlands 0.5331 Percentage points compare
- 8 Latvia 0.4389 Percentage points compare
- 8 Spain 1.86 Percentage points compare
- 9 Mexico 1.79 Percentage points compare
- 9 Estonia -0.0697 Percentage points 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 17.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8994 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 88,429 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 115.52 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 11.36 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5382 constant 2015 US$ per US$ of GDP (2025)
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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About this data
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.