Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2025-12-31
Iceland's consumer spending stands at 19.15B as of 2025-12-31, up from 16.29B in 2024. Historical data runs from 1970 to 2025 (56 observations).
In 2025, Iceland's consumer spending was 19.15B, up from 16.29B in 2024.
In 2024, Iceland's consumer spending was 16.29B, up from 15.43B in 2023.
In 2023, Iceland's consumer spending was 15.43B, up from 14.52B in 2022.
In 2022, Iceland's consumer spending was 14.52B, up from 13.44B in 2021.
In 2021, Iceland's consumer spending was 13.44B, up from 11.29B in 2020.
| Year | Value | Change |
|---|---|---|
| 2025 | 19.15B | +2.85B |
| 2024 | 16.29B | +863.13M |
| 2023 | 15.43B | +908.24M |
| 2022 | 14.52B | +1.08B |
| 2021 | 13.44B | +2.15B |
| 2020 | 11.29B | -1.04B |
| 2019 | 12.33B | -880.22M |
| 2018 | 13.21B | +816.01M |
| 2017 | 12.40B | +2.15B |
| 2016 | 10.24B | +1.54B |
| 2015 | 8.70B | -649.82M |
| 2014 | 9.35B | +877.85M |
| 2013 | 8.47B | +563.06M |
| 2012 | 7.91B | -7.90M |
| 2011 | 7.92B | +824.65M |
| 2010 | 7.09B | +323.38M |
| 2009 | 6.77B | -2.61B |
| 2008 | 9.38B | -2.68B |
| 2007 | 12.05B | +2.21B |
| 2006 | 9.85B | +2.85M |
| 2005 | 9.84B | +2.04B |
| 2004 | 7.81B | +1.36B |
| 2003 | 6.45B | +1.41B |
| 2002 | 5.04B | +509.53M |
| 2001 | 4.53B | -816.73M |
| 2000 | 5.35B | +59.51M |
| 1999 | 5.29B | +420.35M |
| 1998 | 4.87B | +553.44M |
| 1997 | 4.31B | +35.90M |
| 1996 | 4.28B | +208.16M |
| 1995 | 4.07B | +464.19M |
| 1994 | 3.60B | +37.48M |
| 1993 | 3.57B | -672.30M |
| 1992 | 4.24B | +112.80M |
| 1991 | 4.13B | +317.08M |
| 1990 | 3.81B | +412.96M |
| 1989 | 3.40B | -291.85M |
| 1988 | 3.69B | +277.17M |
| 1987 | 3.41B | +1.02B |
| 1986 | 2.39B | +548.98M |
| 1985 | 1.84B | +109.87M |
| 1984 | 1.73B | +104.64M |
| 1983 | 1.63B | -258.24M |
| 1982 | 1.89B | -130.64M |
| 1981 | 2.02B | +113.74M |
| 1980 | 1.90B | +293.18M |
| 1979 | 1.61B | +218.19M |
| 1978 | 1.39B | +176.73M |
| 1977 | 1.22B | +294.30M |
| 1976 | 921.82M | +123.83M |
| 1975 | 797.99M | -75.14M |
| 1974 | 873.13M | +234.90M |
| 1973 | 638.23M | +147.61M |
| 1972 | 490.62M | +90.80M |
| 1971 | 399.82M | +83.77M |
| 1970 | 316.05M | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Iceland's consumer spending is 19.15B as of 2025-12-31, compared with 16.29B in 2024. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 19.15B (2025); the lowest is 316.05M (1970), across data from 1970 to 2025.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.