Iceland vs Latin America & Caribbean: General government final consumption expenditure (current US$), per
Iceland
0.2606 current US$ per US$ of GDP
in 2025
Latin America & Caribbean
0.1607 current US$ per US$ of GDP
in 2025
Iceland rank
20th
Latin America & Caribbean rank
21st
General government final consumption expenditure (current US$), per over time
- Iceland
- Latin America & Caribbean
How they compare
Iceland currently reports 0.2606 current US$ per US$ of GDP against 0.1607 current US$ per US$ of GDP in Latin America & Caribbean, a difference of 0.0999 current US$ per US$ of GDP.
That makes Iceland's figure about 1.6 times Latin America & Caribbean's.
Across all 56 years both countries report, Iceland has been ahead every year.
Iceland ranks 20th and Latin America & Caribbean ranks 21st 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 | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.1764 current US$ per US$ of GDP | 0.1119 current US$ per US$ of GDP | 0.0644 current US$ per US$ of GDP | Iceland |
| 1980s | 0.2042 current US$ per US$ of GDP | 0.1111 current US$ per US$ of GDP | 0.093 current US$ per US$ of GDP | Iceland |
| 1990s | 0.2294 current US$ per US$ of GDP | 0.136 current US$ per US$ of GDP | 0.0934 current US$ per US$ of GDP | Iceland |
| 2000s | 0.2489 current US$ per US$ of GDP | 0.1402 current US$ per US$ of GDP | 0.1087 current US$ per US$ of GDP | Iceland |
| 2010s | 0.2458 current US$ per US$ of GDP | 0.161 current US$ per US$ of GDP | 0.0849 current US$ per US$ of GDP | Iceland |
| 2020s | 0.2638 current US$ per US$ of GDP | 0.1621 current US$ per US$ of GDP | 0.1017 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$), per, Iceland or Latin America & Caribbean?
- Iceland, at 0.2606 current US$ per US$ of GDP against 0.1607 current US$ per US$ of GDP in Latin America & Caribbean as of 2025.
- What is the difference in general government final consumption expenditure (current us$), per between Iceland and Latin America & Caribbean?
- 0.0999 current US$ per US$ of GDP, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latin America & Caribbean?
- 56 years are reported by both, from 1970 to 2025.
- How do Iceland and Latin America & Caribbean rank globally for general government final consumption expenditure (current us$), per?
- Iceland ranks 20th and Latin America & Caribbean ranks 21st of 187 countries.
- Where does this data come from?
- Statizoid (derived), published as General government final consumption expenditure (current US$), 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.