Cyprus vs Iceland: General government final consumption expenditure
General government final consumption expenditure over time
- Cyprus
- Iceland
How they compare
Iceland currently reports 5.47 billion constant 2015 US$ against 5.27 billion constant 2015 US$ in Cyprus, a difference of 199.90 million constant 2015 US$.
Across all 51 years both countries report, Iceland has been ahead every year.
Cyprus ranks 93rd and Iceland ranks 90th of 167 countries.
Iceland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Cyprus | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 715.08 million constant 2015 US$ | 1.48 billion constant 2015 US$ | 763.00 million constant 2015 US$ | Iceland |
| 1980s | 1.12 billion constant 2015 US$ | 2.14 billion constant 2015 US$ | 1.01 billion constant 2015 US$ | Iceland |
| 1990s | 2.01 billion constant 2015 US$ | 2.96 billion constant 2015 US$ | 941.82 million constant 2015 US$ | Iceland |
| 2000s | 3.01 billion constant 2015 US$ | 3.97 billion constant 2015 US$ | 961.50 million constant 2015 US$ | Iceland |
| 2010s | 3.54 billion constant 2015 US$ | 4.34 billion constant 2015 US$ | 809.06 million constant 2015 US$ | Iceland |
| 2020s | 4.91 billion constant 2015 US$ | 5.24 billion constant 2015 US$ | 332.22 million constant 2015 US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Cyprus or Iceland?
- Iceland, at 5.47 billion constant 2015 US$ against 5.27 billion constant 2015 US$ in Cyprus as of 2025.
- What is the difference in general government final consumption expenditure between Cyprus and Iceland?
- 199.90 million constant 2015 US$, with Iceland ahead.
- How many years of comparable data are there for Cyprus and Iceland?
- 51 years are reported by both, from 1975 to 2025.
- How do Cyprus and Iceland rank globally for general government final consumption expenditure?
- Cyprus ranks 93rd and Iceland ranks 90th of 167 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (constant 2015 US$). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.