Iceland - Gross national expenditure (% of GDP)

Gross national expenditure (% of GDP) in Iceland was 100.73 as of 2020. Its highest value over the past 50 years was 116.73 in 2006, while its lowest value was 90.15 in 2010.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).

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

See also:

Year Value
1970 99.14
1971 108.61
1972 103.40
1973 104.21
1974 112.53
1975 111.06
1976 101.37
1977 102.73
1978 98.23
1979 100.06
1980 101.51
1981 102.92
1982 106.26
1983 98.59
1984 101.03
1985 100.50
1986 96.58
1987 101.68
1988 101.56
1989 98.21
1990 99.16
1991 101.79
1992 100.40
1993 97.07
1994 95.00
1995 96.55
1996 99.51
1997 99.54
1998 104.35
1999 104.52
2000 106.88
2001 100.85
2002 98.40
2003 102.95
2004 105.61
2005 111.73
2006 116.73
2007 108.99
2008 102.09
2009 91.96
2010 90.15
2011 92.32
2012 94.23
2013 92.29
2014 93.63
2015 92.51
2016 93.36
2017 95.51
2018 96.68
2019 95.47
2020 100.73

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts