Iceland (2025)
26.1
% of GDP (current prices)
+0.2pp YoY
YoY Change
+0.2pp
percentage points
Trend
up
Series length
26
years of data

Data

Year% of GDP (current prices)YoY Change
202526.1+0.2pp
202425.9+0.7pp
202325.2-0.3pp
202225.5-1.9pp
202127.4-0.7pp
202028.1+3.3pp
201924.8+0.5pp
201824.3+0.3pp
201724+0.6pp
201623.4-0.5pp
201523.9-0.7pp
201424.6-0.3pp
201324.9-0.3pp
201225.2-0.3pp
201125.5+0.1pp
201025.4-0.6pp
200926+1.2pp
200824.8+0.5pp
200724.3-0.5pp
200624.8n/a

About this Dataset

Iceland recorded 26.1 % of GDP (current prices) in 2025. The most recent year-on-year change was +0.2pp. The historical series (2000–2025) shows a peak of 28.1 in 2020 and a trough of 23.4 in 2016.

Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology ensuring cross-country comparability within the European statistical framework.

The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.

Frequently Asked Questions

This indicator tracks iceland government consumption (% of gdp) in Iceland, published by Eurostat. Data covers 2000–2025 at annual frequency using harmonised methodology.
The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 28.1 % of GDP (current prices) in 2020 and reached its lowest recorded value of 23.4 in 2016. The latest reading of 26.1 in 2025 represents a year-on-year change of +0.2pp.