Iceland vs Upper middle income: General government final consumption expenditure (current US$), per
Iceland
0.2606 current US$ per US$ of GDP
in 2025
Upper middle income
0.1589 current US$ per US$ of GDP
in 2024
Iceland rank
20th
Upper middle income rank
23rd
General government final consumption expenditure (current US$), per over time
- Iceland
- Upper middle income
How they compare
Iceland currently reports 0.2606 current US$ per US$ of GDP against 0.1589 current US$ per US$ of GDP in Upper middle income, a difference of 0.1017 current US$ per US$ of GDP.
That makes Iceland's figure about 1.6 times Upper middle income's.
Across all 55 years both countries report, Iceland has been ahead every year.
Iceland ranks 20th and Upper middle income ranks 23rd of 187 countries.
Iceland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.1764 current US$ per US$ of GDP | 0.1225 current US$ per US$ of GDP | 0.0539 current US$ per US$ of GDP | Iceland |
| 1980s | 0.2042 current US$ per US$ of GDP | 0.1314 current US$ per US$ of GDP | 0.0727 current US$ per US$ of GDP | Iceland |
| 1990s | 0.2294 current US$ per US$ of GDP | 0.1359 current US$ per US$ of GDP | 0.0935 current US$ per US$ of GDP | Iceland |
| 2000s | 0.2489 current US$ per US$ of GDP | 0.1421 current US$ per US$ of GDP | 0.1068 current US$ per US$ of GDP | Iceland |
| 2010s | 0.2458 current US$ per US$ of GDP | 0.1564 current US$ per US$ of GDP | 0.0895 current US$ per US$ of GDP | Iceland |
| 2020s | 0.2644 current US$ per US$ of GDP | 0.161 current US$ per US$ of GDP | 0.1034 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$), per, Iceland or Upper middle income?
- Iceland, at 0.2606 current US$ per US$ of GDP against 0.1589 current US$ per US$ of GDP in Upper middle income as of 2025.
- What is the difference in general government final consumption expenditure (current us$), per between Iceland and Upper middle income?
- 0.1017 current US$ per US$ of GDP, with Iceland ahead.
- How many years of comparable data are there for Iceland and Upper middle income?
- 55 years are reported by both, from 1970 to 2024.
- How do Iceland and Upper middle income rank globally for general government final consumption expenditure (current us$), per?
- Iceland ranks 20th and Upper middle income ranks 23rd of 187 countries.
- Where does this data come from?
- Statizoid (derived), published as General government final consumption expenditure (current US$), 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.