General government final consumption expenditure reached USD 7,028 bil in 2021 in Iceland, according to the National Statistical Office. This is 16.3% more than in the previous year.
Historically, general government final consumption expenditure in Iceland reached an all time high of USD 7,028 bil in 2021 and an all time low of USD 26.8 bil in 1960.
Iceland has been ranked 86th within the group of 150 countries we follow in terms of general government final consumption expenditure.
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