Iceland vs Latin America & Caribbean (excluding high income): General government final consumption expenditure (current US$), per
General government final consumption expenditure (current US$), per over time
- Iceland
- Latin America & Caribbean (excluding high income)
How they compare
Iceland currently reports 0.2606 current US$ per US$ of GDP against 0.1639 current US$ per US$ of GDP in Latin America & Caribbean (excluding high income), a difference of 0.0967 current US$ per US$ of GDP.
That makes Iceland's figure about 1.6 times Latin America & Caribbean (excluding high income)'s.
Across all 56 years both countries report, Iceland has been ahead every year.
Iceland ranks 20th and Latin America & Caribbean (excluding high income) ranks 20th of 187 countries.
Iceland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.1764 current US$ per US$ of GDP | 0.1079 current US$ per US$ of GDP | 0.0685 current US$ per US$ of GDP | Iceland |
| 1980s | 0.2042 current US$ per US$ of GDP | 0.1089 current US$ per US$ of GDP | 0.0953 current US$ per US$ of GDP | Iceland |
| 1990s | 0.2294 current US$ per US$ of GDP | 0.1371 current US$ per US$ of GDP | 0.0923 current US$ per US$ of GDP | Iceland |
| 2000s | 0.2489 current US$ per US$ of GDP | 0.1423 current US$ per US$ of GDP | 0.1065 current US$ per US$ of GDP | Iceland |
| 2010s | 0.2458 current US$ per US$ of GDP | 0.1644 current US$ per US$ of GDP | 0.0815 current US$ per US$ of GDP | Iceland |
| 2020s | 0.2638 current US$ per US$ of GDP | 0.1652 current US$ per US$ of GDP | 0.0986 current US$ per US$ of GDP | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure (current us$), per, Iceland or Latin America & Caribbean (excluding high income)?
- Iceland, at 0.2606 current US$ per US$ of GDP against 0.1639 current US$ per US$ of GDP in Latin America & Caribbean (excluding high income) as of 2025.
- What is the difference in general government final consumption expenditure (current us$), per between Iceland and Latin America & Caribbean (excluding high income)?
- 0.0967 current US$ per US$ of GDP, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latin America & Caribbean (excluding high income)?
- 56 years are reported by both, from 1970 to 2025.
- How do Iceland and Latin America & Caribbean (excluding high income) rank globally for general government final consumption expenditure (current us$), per?
- Iceland ranks 20th and Latin America & Caribbean (excluding high income) ranks 20th of 187 countries.
- Where does this data come from?
- Statizoid (derived), published as General government final consumption expenditure (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General government 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.