Government consumption expenditure (million units of 2020 national currency) - Iceland - Eurostat - Quarterly
This series is part of the dataset: Real GDP (Eurostat)
Download Full Dataset (.xlsx)Latest updates. In Iceland, real government consumption expenditure stood at 230,711 million units of 2020 national currency in 2026-Q2, compared to 229,886 in 2026-Q1. This represents a rise of 0.4 percent.
Sample. There are 126 observations in the quarterly series displayed in the plot above. The series covers the period extending from March 1995 to June 2026.
History. Here’s a quick look at a few descriptive statistics computed on the full sample: government consumption expenditure had a mean of 177,288 million units of 2020 national currency; it peaked at 230,711 in June 2026; it recorded a bottom of 121,761 in March 1997.
Latest values
| Date | Value - Million units of 2020 national currency |
|---|---|
| 2025-12-31 | 229,904 |
| 2026-03-31 | 229,886 |
| 2026-06-30 | 230,711 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Government consumption expenditure |
| Country | Iceland |
| Economic concept | Flow |
| Data type | Real aggregate |
| Seasonally adjusted | Yes |
| Deflation method | Chain-linked volumes |
| Rescaling | None |
| Measure type | Level |
| Frequency | Quarterly |
| Unit | Million units of 2020 national currency |
| Source | Eurostat |
| Source type | International organization |
| Data licence | Free reuse with attribution |
| Other information | Not available |
| FSR temporal aggregation code | LQ1 |
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