Gabon vs Iceland: General government final consumption expenditure

Gabon
992.10 billion constant LCU
in 2025
Iceland
921.81 billion constant LCU
in 2025
Gabon rank
49th
Iceland rank
52nd

General government final consumption expenditure over time

  • Gabon
  • Iceland
0250.0B500.0B750.0B1.0T1.2T196019922025

How they compare

Gabon currently reports 992.10 billion constant LCU against 921.81 billion constant LCU in Iceland, a difference of 70.30 billion constant LCU.

That makes Gabon's figure about 1.1 times Iceland's.

The two have swapped places 9 times across 56 shared years of data; in 1970 it was Iceland ahead.

Gabon ranks 49th and Iceland ranks 52nd of 175 countries.

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

Head to head by decade

Decade Gabon Iceland Difference Ahead
1970s 254.40 billion constant LCU 211.77 billion constant LCU 42.63 billion constant LCU Gabon
1980s 500.39 billion constant LCU 359.91 billion constant LCU 140.47 billion constant LCU Gabon
1990s 475.47 billion constant LCU 498.00 billion constant LCU 22.53 billion constant LCU Iceland
2000s 661.37 billion constant LCU 668.61 billion constant LCU 7.23 billion constant LCU Iceland
2010s 1.02 trillion constant LCU 731.82 billion constant LCU 293.18 billion constant LCU Gabon
2020s 955.62 billion constant LCU 882.97 billion constant LCU 72.65 billion constant LCU Gabon

Averages of every year both report within each decade.

Frequently asked questions

Which has higher general government final consumption expenditure, Gabon or Iceland?
Gabon, at 992.10 billion constant LCU against 921.81 billion constant LCU in Iceland as of 2025.
What is the difference in general government final consumption expenditure between Gabon and Iceland?
70.30 billion constant LCU, with Gabon ahead.
How many years of comparable data are there for Gabon and Iceland?
56 years are reported by both, from 1970 to 2025.
How do Gabon and Iceland rank globally for general government final consumption expenditure?
Gabon ranks 49th and Iceland ranks 52nd of 175 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 LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Gabon vs Iceland: General government final consumption expenditure. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 30 August 2026, from https://economy.statizoid.com/compare/general-government-final-consumption-expenditure-constant-lcu/gabon/iceland/

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About this data

Indicator
General government final consumption expenditure (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
175 places, 7,363 data points, 1960–2025
Last refreshed

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 varies by country. This series is expressed in local currency units.