Iceland vs Sweden: Final consumption expenditure
Final consumption expenditure over time
- Iceland
- Sweden
How they compare
Sweden currently reports 4.76 trillion current LCU against 3.75 trillion current LCU in Iceland, a difference of 1.01 trillion current LCU.
That makes Sweden's figure about 1.3 times Iceland's.
Across all 56 years both countries report, Sweden has been ahead every year.
Iceland ranks 70th and Sweden ranks 68th of 187 countries.
Sweden has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 2.28 billion current LCU | 247.65 billion current LCU | 245.37 billion current LCU | Sweden |
| 1980s | 106.97 billion current LCU | 710.44 billion current LCU | 603.46 billion current LCU | Sweden |
| 1990s | 392.06 billion current LCU | 1.39 trillion current LCU | 995.72 billion current LCU | Sweden |
| 2000s | 891.18 billion current LCU | 2.10 trillion current LCU | 1.21 trillion current LCU | Sweden |
| 2010s | 1.72 trillion current LCU | 3.05 trillion current LCU | 1.33 trillion current LCU | Sweden |
| 2020s | 3.06 trillion current LCU | 4.23 trillion current LCU | 1.16 trillion current LCU | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Iceland or Sweden?
- Sweden, at 4.76 trillion current LCU against 3.75 trillion current LCU in Iceland as of 2025.
- What is the difference in final consumption expenditure between Iceland and Sweden?
- 1.01 trillion current LCU, with Sweden ahead.
- How many years of comparable data are there for Iceland and Sweden?
- 56 years are reported by both, from 1970 to 2025.
- How do Iceland and Sweden rank globally for final consumption expenditure?
- Iceland ranks 70th and Sweden ranks 68th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.