General Government Final Consumption Expenditure (As % of GDP) in Iceland

General government final consumption expenditure as a share of gdp reached 27.5% in 2021 in Iceland, according to the National Statistical Office. This is 1.47% less than in the previous year.

Historically, general government final consumption expenditure as a share of GDP in Iceland reached an all time high of 27.9% in 2020 and an all time low of 10.8% in 1960.

Iceland has been ranked 6th within the group of 151 countries we follow in terms of general government final consumption expenditure as a share of GDP.