Final consumption expenditure (constant 2015 US$), per square in Iceland
Iceland: Final consumption expenditure (constant 2015 US$), per square was 168,745 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Latest (2023)
168,745 constant 2015 US$ per square kilometre
Change on year
up 1.1%
World rank
113th
of 169 countries
All-time high
168,745 constant 2015 US$ per square kilometre
in 2023
All-time low
29,953 constant 2015 US$ per square kilometre
in 1970
Years of data
54
1970–2023
Final consumption expenditure (constant 2015 US$), per square in Iceland, 1970–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
In 2023, final consumption expenditure (constant 2015 us$), per square in Iceland stood at 168,745 constant 2015 US$ per square kilometre. That is the highest value across all 54 years on record.
That represents a change of up 1.1% on the previous year and up 36.1% over ten years.
Over the whole period, final consumption expenditure (constant 2015 us$), per square in Iceland peaked at 168,745 constant 2015 US$ per square kilometre in 2023 and was at its lowest, 29,953 constant 2015 US$ per square kilometre, in 1970.
Iceland ranks 113th of 169 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Final consumption expenditure (constant 2015 US$), per square in Iceland, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1970 | 29,953 constant 2015 US$ per square kilometre | — |
| 1971 | 34,525 constant 2015 US$ per square kilometre | +15.3% |
| 1972 | 37,497 constant 2015 US$ per square kilometre | +8.6% |
| 1973 | 39,727 constant 2015 US$ per square kilometre | +5.9% |
| 1974 | 43,660 constant 2015 US$ per square kilometre | +9.9% |
| 1975 | 41,097 constant 2015 US$ per square kilometre | -5.9% |
| 1976 | 43,288 constant 2015 US$ per square kilometre | +5.3% |
| 1977 | 47,814 constant 2015 US$ per square kilometre | +10.5% |
| 1978 | 51,912 constant 2015 US$ per square kilometre | +8.6% |
| 1979 | 53,666 constant 2015 US$ per square kilometre | +3.4% |
| 1980 | 55,336 constant 2015 US$ per square kilometre | +3.1% |
| 1981 | 58,929 constant 2015 US$ per square kilometre | +6.5% |
| 1982 | 61,991 constant 2015 US$ per square kilometre | +5.2% |
| 1983 | 60,096 constant 2015 US$ per square kilometre | -3.1% |
| 1984 | 61,816 constant 2015 US$ per square kilometre | +2.9% |
| 1985 | 64,796 constant 2015 US$ per square kilometre | +4.8% |
| 1986 | 69,334 constant 2015 US$ per square kilometre | +7.0% |
| 1987 | 78,754 constant 2015 US$ per square kilometre | +13.6% |
| 1988 | 77,436 constant 2015 US$ per square kilometre | -1.7% |
| 1989 | 75,697 constant 2015 US$ per square kilometre | -2.2% |
| 1990 | 78,955 constant 2015 US$ per square kilometre | +4.3% |
| 1991 | 81,104 constant 2015 US$ per square kilometre | +2.7% |
| 1992 | 78,748 constant 2015 US$ per square kilometre | -2.9% |
| 1993 | 76,264 constant 2015 US$ per square kilometre | -3.2% |
| 1994 | 78,414 constant 2015 US$ per square kilometre | +2.8% |
| 1995 | 79,747 constant 2015 US$ per square kilometre | +1.7% |
| 1996 | 82,832 constant 2015 US$ per square kilometre | +3.9% |
| 1997 | 85,519 constant 2015 US$ per square kilometre | +3.2% |
| 1998 | 93,574 constant 2015 US$ per square kilometre | +9.4% |
| 1999 | 99,581 constant 2015 US$ per square kilometre | +6.4% |
| 2000 | 103,789 constant 2015 US$ per square kilometre | +4.2% |
| 2001 | 103,096 constant 2015 US$ per square kilometre | -0.7% |
| 2002 | 104,247 constant 2015 US$ per square kilometre | +1.1% |
| 2003 | 109,000 constant 2015 US$ per square kilometre | +4.6% |
| 2004 | 115,050 constant 2015 US$ per square kilometre | +5.6% |
| 2005 | 126,008 constant 2015 US$ per square kilometre | +9.5% |
| 2006 | 131,099 constant 2015 US$ per square kilometre | +4.0% |
| 2007 | 138,822 constant 2015 US$ per square kilometre | +5.9% |
| 2008 | 134,431 constant 2015 US$ per square kilometre | -3.2% |
| 2009 | 121,829 constant 2015 US$ per square kilometre | -9.4% |
| 2010 | 120,497 constant 2015 US$ per square kilometre | -1.1% |
| 2011 | 122,166 constant 2015 US$ per square kilometre | +1.4% |
| 2012 | 123,066 constant 2015 US$ per square kilometre | +0.7% |
| 2013 | 124,020 constant 2015 US$ per square kilometre | +0.8% |
| 2014 | 126,142 constant 2015 US$ per square kilometre | +1.7% |
| 2015 | 128,938 constant 2015 US$ per square kilometre | +2.2% |
| 2016 | 133,955 constant 2015 US$ per square kilometre | +3.9% |
| 2017 | 141,600 constant 2015 US$ per square kilometre | +5.7% |
| 2018 | 146,295 constant 2015 US$ per square kilometre | +3.3% |
| 2019 | 148,983 constant 2015 US$ per square kilometre | +1.8% |
| 2020 | 148,969 constant 2015 US$ per square kilometre | -0.0% |
| 2021 | 158,099 constant 2015 US$ per square kilometre | +6.1% |
| 2022 | 166,886 constant 2015 US$ per square kilometre | +5.6% |
| 2023 | 168,745 constant 2015 US$ per square kilometre | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 42,314 constant 2015 US$ per square kilometre | 29,953 constant 2015 US$ per square kilometre | 53,666 constant 2015 US$ per square kilometre | 10 |
| 1980s | 66,418 constant 2015 US$ per square kilometre | 55,336 constant 2015 US$ per square kilometre | 78,754 constant 2015 US$ per square kilometre | 10 |
| 1990s | 83,474 constant 2015 US$ per square kilometre | 76,264 constant 2015 US$ per square kilometre | 99,581 constant 2015 US$ per square kilometre | 10 |
| 2000s | 118,737 constant 2015 US$ per square kilometre | 103,096 constant 2015 US$ per square kilometre | 138,822 constant 2015 US$ per square kilometre | 10 |
| 2010s | 131,566 constant 2015 US$ per square kilometre | 120,497 constant 2015 US$ per square kilometre | 148,983 constant 2015 US$ per square kilometre | 10 |
| 2020s | 160,675 constant 2015 US$ per square kilometre | 148,969 constant 2015 US$ per square kilometre | 168,745 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Iceland
- 110 Oman 183,590 constant 2015 US$ per square kilometre compare
- 111 Gambia 182,821 constant 2015 US$ per square kilometre compare
- 112 Iran, Islamic Republic of 181,892 constant 2015 US$ per square kilometre compare
- 114 Australia 168,437 constant 2015 US$ per square kilometre compare
- 115 Canada 167,487 constant 2015 US$ per square kilometre compare
- 116 Côte d'Ivoire 166,109 constant 2015 US$ per square kilometre compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure (constant 2015 us$), per square in Iceland?
- Final consumption expenditure (constant 2015 us$), per square in Iceland was 168,745 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant 2015 us$), per square recorded in Iceland?
- The highest recorded value was 168,745 constant 2015 US$ per square kilometre in 2023.
- What is the lowest final consumption expenditure (constant 2015 us$), per square recorded in Iceland?
- The lowest recorded value was 29,953 constant 2015 US$ per square kilometre in 1970.
- How does Iceland rank for final consumption expenditure (constant 2015 us$), per square?
- Iceland ranks 113th out of 169 countries with data for 2023.
- Is final consumption expenditure (constant 2015 us$), per square rising or falling in Iceland?
- Over the last ten years it is up 36.1%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Final consumption expenditure (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (constant 2015 US$) ÷ Land area (sq. km)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.