Iceland Private Consumption: % of GDP

Key information about Iceland Private Consumption: % of GDP

• Iceland Private Consumption accounted for 52.1 % of its Nominal GDP in Dec 2025, compared with a ratio of 45.3 % in the previous quarter.
• Iceland Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1995 to Dec 2025, with an average share of 50.9 %.
• The data reached an all-time high of 60.4 % in Jun 2000 and a record low of 43.0 % in Sep 2016.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Statistics Iceland provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Iceland Private Consumption: % of GDP

• In the latest reports, Iceland GDP expanded 0.2 % YoY in Sep 2025.
• Its Nominal GDP reached 10.1 USD bn in Sep 2025.
• Iceland GDP Per Capita reached 86,472.9 USD in Dec 2024.
• Its Gross Savings Rate was measured at 21.0 % in Dec 2025.

View Iceland's Private Consumption: % of GDP from Mar 1995 to Dec 2025 in the chart:

What was Iceland's Private Consumption: % of GDP in Dec 2025?

Iceland Private Consumption accounted for 52.1 % of its Nominal GDP in Dec 2025, compared with a ratio of 45.3 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
52.1 Dec 2025	45.3 Sep 2025	43.0 Sep 2016	60.4 Jun 2000	%	quarterly	Mar 1995 - Dec 2025

Private Consumption: % of GDP by Country Comparison

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