Europe & Central Asia (IDA & IBRD countries) vs Iceland: Households and NPISHs Final consumption expenditure per capita, PPP

Europe & Central Asia (IDA & IBRD countries)
17,950 constant 2021 international $
in 2025
Iceland
31,749 constant 2021 international $
in 2025
Europe & Central Asia (IDA & IBRD countries) rank
9th
Iceland rank
12th

Households and NPISHs Final consumption expenditure per capita, PPP over time

  • Europe & Central Asia (IDA & IBRD countries)
  • Iceland
10.0k20.0k30.0k199020072025

How they compare

Iceland currently reports 31,749 constant 2021 international $ against 17,950 constant 2021 international $ in Europe & Central Asia (IDA & IBRD countries), a difference of 13,799 constant 2021 international $.

That makes Iceland's figure about 1.8 times Europe & Central Asia (IDA & IBRD countries)'s.

Across all 30 years both countries report, Iceland has been ahead every year.

Europe & Central Asia (IDA & IBRD countries) ranks 9th and Iceland ranks 12th of 41 groups.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Europe & Central Asia (IDA & IBRD countries) Iceland Difference Ahead
1990s 5,502 constant 2021 international $ 22,303 constant 2021 international $ 16,801 constant 2021 international $ Iceland
2000s 8,173 constant 2021 international $ 26,909 constant 2021 international $ 18,736 constant 2021 international $ Iceland
2010s 12,449 constant 2021 international $ 26,849 constant 2021 international $ 14,400 constant 2021 international $ Iceland
2020s 15,759 constant 2021 international $ 30,206 constant 2021 international $ 14,447 constant 2021 international $ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher households and npishs final consumption expenditure per capita, ppp, Europe & Central Asia (IDA & IBRD countries) or Iceland?
Iceland, at 31,749 constant 2021 international $ against 17,950 constant 2021 international $ in Europe & Central Asia (IDA & IBRD countries) as of 2025.
What is the difference in households and npishs final consumption expenditure per capita, ppp between Europe & Central Asia (IDA & IBRD countries) and Iceland?
13,799 constant 2021 international $, with Iceland ahead.
How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Iceland?
30 years are reported by both, from 1996 to 2025.
How do Europe & Central Asia (IDA & IBRD countries) and Iceland rank globally for households and npishs final consumption expenditure per capita, ppp?
Europe & Central Asia (IDA & IBRD countries) ranks 9th and Iceland ranks 12th of 41 groups.
Where does this data come from?
International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (IDA & IBRD countries) vs Iceland: Households and NPISHs Final consumption expenditure per capita, PPP. Statizoid, drawing on International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/households-and-npishs-final-consumption-expenditure-per-capita-ppp-constant-2021/europe-and-central-asia-ida-and-ibrd-countries/iceland/

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About this data

Indicator
Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $)
Unit
constant 2021 international $
Source
International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
211 places, 6,553 data points, 1990–2025
Last refreshed

This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.