Iceland vs Thailand: Final consumption expenditure
Final consumption expenditure over time
- Iceland
- Thailand
How they compare
Iceland currently reports 75.7% against 75.1% in Thailand, a difference of 0.6%.
The two have swapped places 1 time across 56 shared years of data; in 1970 it was Thailand ahead.
Iceland ranks 117th and Thailand ranks 120th of 188 countries.
Across the 6 decades both report, Iceland averaged higher in 5 and Thailand in 1.
Head to head by decade
| Decade | Iceland | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 71.4% | 78.6% | 7.2% | Thailand |
| 1980s | 76.5% | 74.0% | 2.4% | Iceland |
| 1990s | 79.4% | 64.3% | 15.0% | Iceland |
| 2000s | 79.8% | 68.5% | 11.3% | Iceland |
| 2010s | 75.1% | 67.7% | 7.5% | Iceland |
| 2020s | 76.3% | 72.8% | 3.5% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Iceland or Thailand?
- Iceland, at 75.7% against 75.1% in Thailand as of 2025.
- What is the difference in final consumption expenditure between Iceland and Thailand?
- 0.6%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Thailand?
- 56 years are reported by both, from 1970 to 2025.
- How do Iceland and Thailand rank globally for final consumption expenditure?
- Iceland ranks 117th and Thailand ranks 120th of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.