{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"is-government-consumption-share-gdp","url":"https://apiardata.com/statistics/is-government-consumption-share-gdp","html_url":"https://apiardata.com/statistics/is-government-consumption-share-gdp/","title":"Iceland Government Consumption (% of GDP) (2025)","description":"Iceland's Government Consumption (% of GDP): 26.1 % of GDP (current prices) in 2025, +0.2pp YoY. Eurostat (NAMA_10_GDP), 2000–2025.","domain":"macro","category":"Economy & Macro","keywords":["Macroeconomics","Eurostat","Iceland","2025"],"publisher":"Eurostat","frequency":"Annual","geography":"Iceland","temporal_coverage":"2000/2025","unit":"% of GDP (current prices)","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2025","variable_measured":"Iceland Government Consumption (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/NAMA_10_GDP/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2000–2025"},{"label":"Observations","value":"26"},{"label":"Geography","value":"Iceland"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Iceland (2025)","value":"26.1","unit":"% of GDP (current prices)","trend":{"direction":"up","value":"+0.2pp YoY"}},{"label":"YoY Change","value":"+0.2pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"26","unit":"years of data"}],"series":[{"key":"value","label":"Iceland Government Consumption (% of GDP)"}],"observation_count":26,"observations":[{"period":"2000","value":23.7},{"period":"2001","value":23.8},{"period":"2002","value":25.4},{"period":"2003","value":26},{"period":"2004","value":25.1},{"period":"2005","value":25},{"period":"2006","value":24.8},{"period":"2007","value":24.3},{"period":"2008","value":24.8},{"period":"2009","value":26},{"period":"2010","value":25.4},{"period":"2011","value":25.5},{"period":"2012","value":25.2},{"period":"2013","value":24.9},{"period":"2014","value":24.6},{"period":"2015","value":23.9},{"period":"2016","value":23.4},{"period":"2017","value":24},{"period":"2018","value":24.3},{"period":"2019","value":24.8},{"period":"2020","value":28.1},{"period":"2021","value":27.4},{"period":"2022","value":25.5},{"period":"2023","value":25.2},{"period":"2024","value":25.9},{"period":"2025","value":26.1}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP (current prices)"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2025","value":"26.1","yoyChange":"+0.2pp"},{"year":"2024","value":"25.9","yoyChange":"+0.7pp"},{"year":"2023","value":"25.2","yoyChange":"-0.3pp"},{"year":"2022","value":"25.5","yoyChange":"-1.9pp"},{"year":"2021","value":"27.4","yoyChange":"-0.7pp"},{"year":"2020","value":"28.1","yoyChange":"+3.3pp"},{"year":"2019","value":"24.8","yoyChange":"+0.5pp"},{"year":"2018","value":"24.3","yoyChange":"+0.3pp"},{"year":"2017","value":"24.0","yoyChange":"+0.6pp"},{"year":"2016","value":"23.4","yoyChange":"-0.5pp"},{"year":"2015","value":"23.9","yoyChange":"-0.7pp"},{"year":"2014","value":"24.6","yoyChange":"-0.3pp"},{"year":"2013","value":"24.9","yoyChange":"-0.3pp"},{"year":"2012","value":"25.2","yoyChange":"-0.3pp"},{"year":"2011","value":"25.5","yoyChange":"+0.1pp"},{"year":"2010","value":"25.4","yoyChange":"-0.6pp"},{"year":"2009","value":"26.0","yoyChange":"+1.2pp"},{"year":"2008","value":"24.8","yoyChange":"+0.5pp"},{"year":"2007","value":"24.3","yoyChange":"-0.5pp"},{"year":"2006","value":"24.8","yoyChange":"-0.2pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks government final consumption expenditure as a share of GDP in Iceland from 2000 to present. It is published by Eurostat and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2000–2025 (26 observations)."},{"question":"What is the long-term trend?","answer":"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 change of +0.2pp."}]}