Iceland vs Italy: Final consumption expenditure (current US$), per unit of GDP

Iceland
0.7569 current US$ per US$ of GDP
in 2025
Italy
0.7582 current US$ per US$ of GDP
in 2025
Iceland rank
117th
Italy rank
115th

Final consumption expenditure (current US$), per unit of GDP over time

  • Iceland
  • Italy
00.20.40.60.8197019972025

How they compare

Italy currently reports 0.7582 current US$ per US$ of GDP against 0.7569 current US$ per US$ of GDP in Iceland, a difference of 0.0013 current US$ per US$ of GDP.

The two have swapped places 4 times across 56 shared years of data; in 1970 it was Italy ahead.

Iceland ranks 117th and Italy ranks 115th of 188 countries.

Across the 6 decades both report, Iceland averaged higher in 2 and Italy in 4.

Head to head by decade

Decade Iceland Italy Difference Ahead
1970s 0.7143 current US$ per US$ of GDP 0.7452 current US$ per US$ of GDP 0.0309 current US$ per US$ of GDP Italy
1980s 0.7647 current US$ per US$ of GDP 0.7683 current US$ per US$ of GDP 0.0035 current US$ per US$ of GDP Italy
1990s 0.7936 current US$ per US$ of GDP 0.7686 current US$ per US$ of GDP 0.025 current US$ per US$ of GDP Iceland
2000s 0.7976 current US$ per US$ of GDP 0.7825 current US$ per US$ of GDP 0.0151 current US$ per US$ of GDP Iceland
2010s 0.7513 current US$ per US$ of GDP 0.799 current US$ per US$ of GDP 0.0477 current US$ per US$ of GDP Italy
2020s 0.7632 current US$ per US$ of GDP 0.7644 current US$ per US$ of GDP 0.0012 current US$ per US$ of GDP Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher final consumption expenditure (current us$), per unit of gdp, Iceland or Italy?
Italy, at 0.7582 current US$ per US$ of GDP against 0.7569 current US$ per US$ of GDP in Iceland as of 2025.
What is the difference in final consumption expenditure (current us$), per unit of gdp between Iceland and Italy?
0.0013 current US$ per US$ of GDP, with Italy ahead.
How many years of comparable data are there for Iceland and Italy?
56 years are reported by both, from 1970 to 2025.
How do Iceland and Italy rank globally for final consumption expenditure (current us$), per unit of gdp?
Iceland ranks 117th and Italy ranks 115th of 188 countries.
Where does this data come from?
Statizoid (derived), published as Final consumption expenditure (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Italy: Final consumption expenditure (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/final-consumption-expenditure-current-us-per-unit-of-gdp/iceland/italy/

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About this data

Indicator
Final consumption expenditure (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,115 data points, 1960–2025
Last refreshed

Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.