Iceland vs South Africa: General government final consumption expenditure
General government final consumption expenditure over time
- Iceland
- South Africa
How they compare
South Africa currently reports 1.44 trillion current LCU against 1.29 trillion current LCU in Iceland, a difference of 151.89 billion current LCU.
That makes South Africa's figure about 1.1 times Iceland's.
The two have swapped places 2 times across 56 shared years of data; in 1970 it was South Africa ahead.
Iceland ranks 59th and South Africa ranks 56th of 187 countries.
Across the 6 decades both report, Iceland averaged higher in 2 and South Africa in 4.
Head to head by decade
| Decade | Iceland | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 598.97 million current LCU | 3.74 billion current LCU | 3.14 billion current LCU | South Africa |
| 1980s | 29.00 billion current LCU | 24.22 billion current LCU | 4.78 billion current LCU | Iceland |
| 1990s | 113.37 billion current LCU | 104.63 billion current LCU | 8.74 billion current LCU | Iceland |
| 2000s | 280.07 billion current LCU | 306.78 billion current LCU | 26.71 billion current LCU | South Africa |
| 2010s | 562.60 billion current LCU | 823.75 billion current LCU | 261.14 billion current LCU | South Africa |
| 2020s | 1.06 trillion current LCU | 1.30 trillion current LCU | 241.41 billion current LCU | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Iceland or South Africa?
- South Africa, at 1.44 trillion current LCU against 1.29 trillion current LCU in Iceland as of 2025.
- What is the difference in general government final consumption expenditure between Iceland and South Africa?
- 151.89 billion current LCU, with South Africa ahead.
- How many years of comparable data are there for Iceland and South Africa?
- 56 years are reported by both, from 1970 to 2025.
- How do Iceland and South Africa rank globally for general government final consumption expenditure?
- Iceland ranks 59th and South Africa ranks 56th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.