Household final consumption expenditure as a share of gdp reached 49.0% in 2016 in Iceland, according to the National Statistical Office. This is 1.56% less than in the previous year.
Historically, household final consumption expenditure as a share of GDP in Iceland reached an all time high of 61.9% in 1967 and an all time low of 49.0% in 2016.
Iceland has been ranked 117th within the group of 136 countries we follow in terms of household final consumption expenditure as a share of GDP.
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