Iceland vs Mongolia: Final consumption expenditure (constant LCU), per capita

Iceland
7.14 million constant LCU per person
in 2025
Mongolia
8.79 million constant LCU per person
in 2025
Iceland rank
13th
Mongolia rank
10th

Final consumption expenditure (constant LCU), per capita over time

  • Iceland
  • Mongolia
2.0M4.0M6.0M8.0M197019972025

How they compare

Mongolia currently reports 8.79 million constant LCU per person against 7.14 million constant LCU per person in Iceland, a difference of 1.65 million constant LCU per person.

That makes Mongolia's figure about 1.2 times Iceland's.

The two have swapped places 3 times across 16 shared years of data; in 2010 it was Iceland ahead.

Iceland ranks 13th and Mongolia ranks 10th of 177 countries.

Across the 2 decades both report, Iceland averaged higher in 1 and Mongolia in 1.

Head to head by decade

Decade Iceland Mongolia Difference Ahead
2010s 6.24 million constant LCU per person 5.45 million constant LCU per person 788,806 constant LCU per person Iceland
2020s 6.88 million constant LCU per person 7.56 million constant LCU per person 678,895 constant LCU per person Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher final consumption expenditure (constant lcu), per capita, Iceland or Mongolia?
Mongolia, at 8.79 million constant LCU per person against 7.14 million constant LCU per person in Iceland as of 2025.
What is the difference in final consumption expenditure (constant lcu), per capita between Iceland and Mongolia?
1.65 million constant LCU per person, with Mongolia ahead.
How many years of comparable data are there for Iceland and Mongolia?
16 years are reported by both, from 2010 to 2025.
How do Iceland and Mongolia rank globally for final consumption expenditure (constant lcu), per capita?
Iceland ranks 13th and Mongolia ranks 10th of 177 countries.
Where does this data come from?
Statizoid (derived), published as Final consumption expenditure (constant LCU), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mongolia: Final consumption expenditure (constant LCU), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/final-consumption-expenditure-constant-lcu-per-capita/iceland/mongolia/

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About this data

Indicator
Final consumption expenditure (constant LCU), per capita
Unit
constant LCU per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
177 places, 7,542 data points, 1960–2025
Last refreshed

Final consumption expenditure (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.