Iceland - Household consumption expenditure in % of GDP

50.3 (%) in 2017

In 2017, household consumption for Iceland was 50.3 %. Though Iceland household consumption fluctuated substantially in recent years, it tended to decrease through 1998 - 2017 period ending at 50.3 % in 2017.

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What is household consumption?

Household final consumption expenditure consists of the expenditure, including imputed expenditure, incurred by resident households on individual consumption goods and services, including those sold at prices that are not economically significant.

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What is Iceland household consumption?