Iceland IS: Ref. Year = 2015: GDP: Volume: Total Expenditure

1960 - 2025 | Yearly | ISK bn | Organisation for Economic Co-operation and Development

Iceland IS: Ref. Year = 2015: GDP: Volume: Total Expenditure data was reported at 4,604.412 ISK bn in 2025. This records an increase from the previous number of 4,478.923 ISK bn for 2024. Iceland IS: Ref. Year = 2015: GDP: Volume: Total Expenditure data is updated yearly, averaging 1,649.073 ISK bn from Dec 1960 (Median) to 2025, with 66 observations. The data reached an all-time high of 4,604.412 ISK bn in 2025 and a record low of 397.837 ISK bn in 1961. Iceland IS: Ref. Year = 2015: GDP: Volume: Total Expenditure data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.EO: GDP by Expenditure: Volume: Forecast: OECD Member: Annual. TEV - Total expenditure, nominal value OECD calculation, see OECD Economic Outlook database documentation

View Iceland's Iceland IS: Ref. Year = 2015: GDP: Volume: Total Expenditure from 1960 to 2025 in the chart:

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Iceland Iceland IS: Ref. Year = 2015: GDP: Volume: Total Expenditure
Get this data
Iceland Iceland IS: Ref. Year = 2015: GDP: Volume: Total Expenditure

What was Iceland's Iceland IS: Ref. Year = 2015: GDP: Volume: Total Expenditure in 2025?

Last Previous Min Max Unit Frequency Range
4,604.412 2025 4,478.923 2024 397.837 1961 4,604.412 2025 ISK bn yearly 1960 - 2025

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Iceland Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 86,450.115 2029 yearly 1980 - 2029
Forecast: Nominal GDP Per Capita (USD) 110,945.675 2029 yearly 1980 - 2029
Forecast: Real GDP Growth (%) 2.432 2029 yearly 1980 - 2029
GDP Deflator Growth (%) 6.1 Dec 2022 quarterly Mar 1996 - Dec 2022
GDP per Capita (USD) 72,684.247 2022 yearly 1960 - 2022
Gross Fixed Capital Formation (USD mn) 2,127.116 Jun 2024 quarterly Mar 1995 - Jun 2024
Gross National Product (GNP) (USD mn) 31,871.487 2023 yearly 1960 - 2023
Gross Savings Rate (%) 23.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Investment: % of GDP (%) 25.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Nominal GDP (USD mn) 7,161.1 Mar 2023 quarterly Mar 1995 - Mar 2023
Nominal GDP Growth (%) 4.332 Jun 2024 quarterly Mar 1996 - Jun 2024
Private Consumption Expenditure (USD mn) 4,012.422 Jun 2024 quarterly Mar 1995 - Jun 2024
Private Consumption: % of GDP (%) 51.0 Jun 2024 quarterly Mar 1995 - Jun 2024
Public Consumption Expenditure (USD mn) 2,086.570 Jun 2024 quarterly Mar 1995 - Jun 2024
Public Consumption: % of GDP (%) 25.8 Jun 2024 quarterly Mar 1995 - Jun 2024
Real GDP Growth (%) 6.1 Mar 2023 quarterly Mar 1996 - Mar 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 87.209 Jun 2024 quarterly Mar 1995 - Jun 2024
Production Last Frequency Range
Industrial Production Index Growth (%) 11.7 2018 yearly 2008 - 2018
Minerals Production (Metric Ton) 735,394.000 2022 yearly 2009 - 2022
Construction and Properties Last Frequency Range
House Prices Growth (%) 10.0 Oct 2024 monthly Mar 2001 - Oct 2024
Nominal Residential Property Price Index (2010=100) 346.444 Jun 2024 quarterly Mar 2000 - Jun 2024
Nominal Residential Property Price Index Growth (%) 6.282 Jun 2024 quarterly Mar 2001 - Jun 2024
Real Residential Property Price Index (2010=100) 200.642 Jun 2024 quarterly Mar 2000 - Jun 2024
Real Residential Property Price Index Growth (%) 0.249 Jun 2024 quarterly Mar 2001 - Jun 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.4 Jun 2024 quarterly Mar 2002 - Jun 2024
Forecast: Government Expenditure (ISK bn) 2,558.091 2029 yearly 1980 - 2029
Forecast: Government Net Debt (ISK bn) 2,671.158 2029 yearly 1982 - 2029
Forecast: Government Revenue (ISK bn) 2,502.666 2029 yearly 1980 - 2029
Government Debt: % of GDP (%) 64.2 2023 yearly 1998 - 2023
National Government Debt (USD mn) 20,353.7 2023 yearly 1998 - 2023
Tax Revenue (USD mn) 2,504.213 Jun 2024 quarterly Mar 2002 - Jun 2024
Consolidated Fiscal Balance (USD mn) -600.101 Jun 2024 quarterly Mar 2002 - Jun 2024
Tax Revenue: % of GDP (%) 30.9 Jun 2024 quarterly Mar 2002 - Jun 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 233,300.000 Sep 2024 monthly Jan 2003 - Sep 2024
Forecast: Employment (Person mn) 0.224 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 0.430 2029 yearly 1980 - 2029
Forecast: Unemployment Rate (%) 4.000 2029 yearly 1980 - 2029
Labour Force Participation Rate (%) 81.2 Sep 2024 monthly Jan 2003 - Sep 2024
Labour Productivity Growth (%) -4.90 Jun 2024 quarterly Mar 2004 - Jun 2024
Monthly Earnings (USD) 6,909 2023 yearly 1998 - 2023
Population (Person mn) 0.4 2023 yearly 1732 - 2023
Unemployment Rate (%) 3.44 Sep 2024 monthly Jan 2003 - Sep 2024

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