Iceland vs Lower middle income: Final consumption expenditure (current US$), annual growth rate
Iceland
17.29 % change on previous year
in 2025
Lower middle income
6.07 % change on previous year
in 2025
Iceland rank
18th
Lower middle income rank
17th
Final consumption expenditure (current US$), annual growth rate over time
- Iceland
- Lower middle income
How they compare
Iceland currently reports 17.29 % change on previous year against 6.07 % change on previous year in Lower middle income, a difference of 11.22 % change on previous year.
That makes Iceland's figure about 2.8 times Lower middle income's.
The two have swapped places 24 times across 55 shared years of data; in 1971 it was Iceland ahead.
Iceland ranks 18th and Lower middle income ranks 17th of 187 countries.
Across the 6 decades both report, Iceland averaged higher in 4 and Lower middle income in 2.
Head to head by decade
| Decade | Iceland | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 21.56 % change on previous year | 11.71 % change on previous year | 9.85 % change on previous year | Iceland |
| 1980s | 9.08 % change on previous year | 5.14 % change on previous year | 3.94 % change on previous year | Iceland |
| 1990s | 5.26 % change on previous year | 4.97 % change on previous year | 0.2882 % change on previous year | Iceland |
| 2000s | 5.04 % change on previous year | 9.68 % change on previous year | 4.63 % change on previous year | Lower middle income |
| 2010s | 6.51 % change on previous year | 6.6 % change on previous year | 0.0898 % change on previous year | Lower middle income |
| 2020s | 8.18 % change on previous year | 5.29 % change on previous year | 2.88 % change on previous year | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure (current us$), annual growth rate, Iceland or Lower middle income?
- Iceland, at 17.29 % change on previous year against 6.07 % change on previous year in Lower middle income as of 2025.
- What is the difference in final consumption expenditure (current us$), annual growth rate between Iceland and Lower middle income?
- 11.22 % change on previous year, with Iceland ahead.
- How many years of comparable data are there for Iceland and Lower middle income?
- 55 years are reported by both, from 1971 to 2025.
- How do Iceland and Lower middle income rank globally for final consumption expenditure (current us$), annual growth rate?
- Iceland ranks 18th and Lower middle income ranks 17th of 187 countries.
- Where does this data come from?
- Statizoid (derived), published as Final consumption expenditure (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.