Iceland vs World: General government final consumption expenditure (current US$), per
Iceland
0.2606 current US$ per US$ of GDP
in 2025
World
0.167 current US$ per US$ of GDP
in 2024
Iceland rank
20th
World rank
17th
General government final consumption expenditure (current US$), per over time
- Iceland
- World
How they compare
Iceland currently reports 0.2606 current US$ per US$ of GDP against 0.167 current US$ per US$ of GDP in World, a difference of 0.0936 current US$ per US$ of GDP.
That makes Iceland's figure about 1.6 times World's.
The two have swapped places 1 time across 55 shared years of data; in 1970 it was World ahead.
Iceland ranks 20th and World ranks 17th of 187 countries.
Iceland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | World | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.1764 current US$ per US$ of GDP | 0.1636 current US$ per US$ of GDP | 0.0127 current US$ per US$ of GDP | Iceland |
| 1980s | 0.2042 current US$ per US$ of GDP | 0.168 current US$ per US$ of GDP | 0.0361 current US$ per US$ of GDP | Iceland |
| 1990s | 0.2294 current US$ per US$ of GDP | 0.1657 current US$ per US$ of GDP | 0.0637 current US$ per US$ of GDP | Iceland |
| 2000s | 0.2489 current US$ per US$ of GDP | 0.1681 current US$ per US$ of GDP | 0.0808 current US$ per US$ of GDP | Iceland |
| 2010s | 0.2458 current US$ per US$ of GDP | 0.1692 current US$ per US$ of GDP | 0.0766 current US$ per US$ of GDP | Iceland |
| 2020s | 0.2644 current US$ per US$ of GDP | 0.1695 current US$ per US$ of GDP | 0.0949 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$), per, Iceland or World?
- Iceland, at 0.2606 current US$ per US$ of GDP against 0.167 current US$ per US$ of GDP in World as of 2025.
- What is the difference in general government final consumption expenditure (current us$), per between Iceland and World?
- 0.0936 current US$ per US$ of GDP, with Iceland ahead.
- How many years of comparable data are there for Iceland and World?
- 55 years are reported by both, from 1970 to 2024.
- How do Iceland and World rank globally for general government final consumption expenditure (current us$), per?
- Iceland ranks 20th and World ranks 17th of 187 countries.
- Where does this data come from?
- Statizoid (derived), published as General government final consumption expenditure (current US$), 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.