Germany vs Iceland: Economic Outlook No 117 — Private final consumption expenditure

Germany
2.42 trillion
in 2026
Iceland
2.50 trillion
in 2026
Germany rank
16th
Iceland rank
15th

Economic Outlook No 117 — Private final consumption expenditure over time

  • Germany
  • Iceland
0500.0B1.0T1.5T2.0T2.5T196019932026

How they compare

Iceland currently reports 2.50 trillion against 2.42 trillion in Germany, a difference of 75.90 billion.

The two have swapped places 1 time across 36 shared years of data; in 1991 it was Germany ahead.

Germany ranks 16th and Iceland ranks 15th of 37 countries.

Germany has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Germany Iceland Difference Ahead
1990s 1.04 trillion 284.63 billion 756.74 billion Germany
2000s 1.32 trillion 610.61 billion 712.31 billion Germany
2010s 1.65 trillion 1.15 trillion 491.87 billion Germany
2020s 2.13 trillion 2.06 trillion 65.48 billion Germany

Averages of every year both report within each decade.

Frequently asked questions

Which has higher economic outlook no 117 — private final consumption expenditure, Germany or Iceland?
Iceland, at 2.50 trillion against 2.42 trillion in Germany as of 2026.
What is the difference in economic outlook no 117 — private final consumption expenditure between Germany and Iceland?
75.90 billion, with Iceland ahead.
How many years of comparable data are there for Germany and Iceland?
36 years are reported by both, from 1991 to 2026.
How do Germany and Iceland rank globally for economic outlook no 117 — private final consumption expenditure?
Germany ranks 16th and Iceland ranks 15th of 37 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Economic Outlook No 117 — Private final consumption expenditure, nominal value, GDP expenditure approach. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Germany vs Iceland: Economic Outlook No 117 — Private final consumption expenditure. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/economic-outlook-no-117-private-final-consumption-expenditure-nominal-value-gdp/germany/iceland/

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About this data

Indicator
Economic Outlook No 117 — Private final consumption expenditure, nominal value, GDP expenditure approach
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
48 places, 2,363 data points, 1960–2026
Last refreshed

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 (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 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