Canada vs Iceland: Economic Outlook No 115 — Private final consumption expenditure
Economic Outlook No 115 — Private final consumption expenditure over time
- Canada
- Iceland
How they compare
Iceland currently reports 1.65 trillion against 1.40 trillion in Canada, a difference of 244.08 billion.
That makes Iceland's figure about 1.2 times Canada's.
The two have swapped places 7 times across 65 shared years of data; in 1961 it was Canada ahead.
Canada ranks 19th and Iceland ranks 16th of 38 countries.
Across the 7 decades both report, Canada averaged higher in 1 and Iceland in 6.
Head to head by decade
| Decade | Canada | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 250.60 billion | 232.96 billion | 17.64 billion | Canada |
| 1970s | 385.20 billion | 406.01 billion | 20.81 billion | Iceland |
| 1980s | 505.49 billion | 620.99 billion | 115.51 billion | Iceland |
| 1990s | 644.43 billion | 709.15 billion | 64.71 billion | Iceland |
| 2000s | 890.31 billion | 1.04 trillion | 148.01 billion | Iceland |
| 2010s | 1.16 trillion | 1.18 trillion | 12.95 billion | Iceland |
| 2020s | 1.33 trillion | 1.54 trillion | 214.21 billion | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 115 — private final consumption expenditure, Canada or Iceland?
- Iceland, at 1.65 trillion against 1.40 trillion in Canada as of 2025.
- What is the difference in economic outlook no 115 — private final consumption expenditure between Canada and Iceland?
- 244.08 billion, with Iceland ahead.
- How many years of comparable data are there for Canada and Iceland?
- 65 years are reported by both, from 1961 to 2025.
- How do Canada and Iceland rank globally for economic outlook no 115 — private final consumption expenditure?
- Canada ranks 19th and Iceland ranks 16th of 38 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 115 — Private final consumption expenditure, volume. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP