Iceland - Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Iceland was 2,013,590,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 2,024,800,000,000 in 2019 and a minimum value of 375,801,000,000 in 1970.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 375,801,000,000
1971 433,160,000,000
1972 470,448,000,000
1973 498,433,000,000
1974 547,779,000,000
1975 515,622,000,000
1976 543,105,000,000
1977 599,887,000,000
1978 651,310,000,000
1979 673,315,000,000
1980 694,265,000,000
1981 739,341,000,000
1982 777,758,000,000
1983 753,979,000,000
1984 775,570,000,000
1985 812,953,000,000
1986 869,888,000,000
1987 988,072,000,000
1988 971,535,000,000
1989 949,722,000,000
1990 990,593,000,000
1991 1,017,570,000,000
1992 988,002,000,000
1993 956,839,000,000
1994 983,816,000,000
1995 1,000,540,000,000
1996 1,039,840,000,000
1997 1,094,700,000,000
1998 1,203,650,000,000
1999 1,284,020,000,000
2000 1,340,070,000,000
2001 1,332,940,000,000
2002 1,346,560,000,000
2003 1,409,740,000,000
2004 1,489,670,000,000
2005 1,633,200,000,000
2006 1,702,270,000,000
2007 1,801,240,000,000
2008 1,745,880,000,000
2009 1,580,360,000,000
2010 1,559,700,000,000
2011 1,581,650,000,000
2012 1,592,840,000,000
2013 1,608,960,000,000
2014 1,639,600,000,000
2015 1,689,490,000,000
2016 1,771,510,000,000
2017 1,884,170,000,000
2018 1,974,350,000,000
2019 2,024,800,000,000
2020 2,013,590,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts