How does Iceland rank for final consumption expenditure (constant 2015 us$), per unit of gdp?

Iceland ranks 157th out of 172 countries with data for 2025.

Is final consumption expenditure (constant 2015 us$), per unit of gdp rising or falling in Iceland?

Over the last ten years it is down 36.9%. The long-run trend across the full record is volatile.

Final consumption expenditure (constant 2015 US$), per unit of GDP in Iceland

Name: Final consumption expenditure (constant 2015 US$), per unit of GDP in Iceland
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Iceland: Final consumption expenditure (constant 2015 US$), per unit of GDP was 0.4607 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile

Latest (2025)

0.4607 constant 2015 US$ per US$ of GDP

Change on year

down 11.2%

World rank

157th

of 172 countries

All-time high

5.51 constant 2015 US$ per US$ of GDP

in 1970

All-time low

0.4607 constant 2015 US$ per US$ of GDP

in 2025

Years of data

1970–2025

Final consumption expenditure (constant 2015 US$), per unit of GDP in Iceland, 1970–2025

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

The most recent figure for final consumption expenditure (constant 2015 us$), per unit of gdp in Iceland is 0.4607 constant 2015 US$ per US$ of GDP, measured in 2025. That is the lowest value across all 56 years on record.

Compared with earlier readings it is down 11.2% on the previous year and down 36.9% over ten years.

Over the whole period, final consumption expenditure (constant 2015 us$), per unit of gdp in Iceland peaked at 5.51 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.4607 constant 2015 US$ per US$ of GDP, in 2025.

Iceland ranks 157th of 172 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Final consumption expenditure (constant 2015 US$), per unit of GDP in Iceland, year by year

Annual values for Final consumption expenditure (constant 2015 US$), per unit of GDP in Iceland, 1970 to 2025.
Year	constant 2015 US$ per US$ of GDP	Change
1970	5.51 constant 2015 US$ per US$ of GDP	—
1971	4.99 constant 2015 US$ per US$ of GDP	-9.4%
1972	4.33 constant 2015 US$ per US$ of GDP	-13.3%
1973	3.33 constant 2015 US$ per US$ of GDP	-22.9%
1974	2.79 constant 2015 US$ per US$ of GDP	-16.3%
1975	2.83 constant 2015 US$ per US$ of GDP	+1.4%
1976	2.51 constant 2015 US$ per US$ of GDP	-11.2%
1977	2.1 constant 2015 US$ per US$ of GDP	-16.5%
1978	2 constant 2015 US$ per US$ of GDP	-4.5%
1979	1.82 constant 2015 US$ per US$ of GDP	-9.0%
1980	1.59 constant 2015 US$ per US$ of GDP	-13.0%
1981	1.63 constant 2015 US$ per US$ of GDP	+3.1%
1982	1.87 constant 2015 US$ per US$ of GDP	+14.6%
1983	2.1 constant 2015 US$ per US$ of GDP	+12.4%
1984	2.09 constant 2015 US$ per US$ of GDP	-0.7%
1985	2.1 constant 2015 US$ per US$ of GDP	+0.6%
1986	1.68 constant 2015 US$ per US$ of GDP	-20.0%
1987	1.38 constant 2015 US$ per US$ of GDP	-17.9%
1988	1.23 constant 2015 US$ per US$ of GDP	-11.1%
1989	1.29 constant 2015 US$ per US$ of GDP	+5.2%
1990	1.18 constant 2015 US$ per US$ of GDP	-8.5%
1991	1.14 constant 2015 US$ per US$ of GDP	-3.8%
1992	1.08 constant 2015 US$ per US$ of GDP	-5.3%
1993	1.19 constant 2015 US$ per US$ of GDP	+10.3%
1994	1.19 constant 2015 US$ per US$ of GDP	+0.1%
1995	1.08 constant 2015 US$ per US$ of GDP	-8.8%
1996	1.08 constant 2015 US$ per US$ of GDP	-0.4%
1997	1.11 constant 2015 US$ per US$ of GDP	+2.8%
1998	1.09 constant 2015 US$ per US$ of GDP	-2.2%
1999	1.1 constant 2015 US$ per US$ of GDP	+0.9%
2000	1.14 constant 2015 US$ per US$ of GDP	+3.9%
2001	1.24 constant 2015 US$ per US$ of GDP	+9.1%
2002	1.11 constant 2015 US$ per US$ of GDP	-10.6%
2003	0.9449 constant 2015 US$ per US$ of GDP	-14.9%
2004	0.826 constant 2015 US$ per US$ of GDP	-12.6%
2005	0.7367 constant 2015 US$ per US$ of GDP	-10.8%
2006	0.7437 constant 2015 US$ per US$ of GDP	+0.9%
2007	0.6337 constant 2015 US$ per US$ of GDP	-14.8%
2008	0.7385 constant 2015 US$ per US$ of GDP	+16.5%
2009	0.9244 constant 2015 US$ per US$ of GDP	+25.2%
2010	0.8676 constant 2015 US$ per US$ of GDP	-6.1%
2011	0.7956 constant 2015 US$ per US$ of GDP	-8.3%
2012	0.8256 constant 2015 US$ per US$ of GDP	+3.8%
2013	0.7654 constant 2015 US$ per US$ of GDP	-7.3%
2014	0.7005 constant 2015 US$ per US$ of GDP	-8.5%
2015	0.7303 constant 2015 US$ per US$ of GDP	+4.2%
2016	0.6369 constant 2015 US$ per US$ of GDP	-12.8%
2017	0.5665 constant 2015 US$ per US$ of GDP	-11.1%
2018	0.5529 constant 2015 US$ per US$ of GDP	-2.4%
2019	0.6012 constant 2015 US$ per US$ of GDP	+8.7%
2020	0.6817 constant 2015 US$ per US$ of GDP	+13.4%
2021	0.6076 constant 2015 US$ per US$ of GDP	-10.9%
2022	0.5767 constant 2015 US$ per US$ of GDP	-5.1%
2023	0.5367 constant 2015 US$ per US$ of GDP	-6.9%
2024	0.5187 constant 2015 US$ per US$ of GDP	-3.3%
2025	0.4607 constant 2015 US$ per US$ of GDP	-11.2%

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	3.22 constant 2015 US$ per US$ of GDP	1.82 constant 2015 US$ per US$ of GDP	5.51 constant 2015 US$ per US$ of GDP	10
1980s	1.7 constant 2015 US$ per US$ of GDP	1.23 constant 2015 US$ per US$ of GDP	2.1 constant 2015 US$ per US$ of GDP	10
1990s	1.12 constant 2015 US$ per US$ of GDP	1.08 constant 2015 US$ per US$ of GDP	1.19 constant 2015 US$ per US$ of GDP	10
2000s	0.9038 constant 2015 US$ per US$ of GDP	0.6337 constant 2015 US$ per US$ of GDP	1.24 constant 2015 US$ per US$ of GDP	10
2010s	0.7042 constant 2015 US$ per US$ of GDP	0.5529 constant 2015 US$ per US$ of GDP	0.8676 constant 2015 US$ per US$ of GDP	10
2020s	0.5637 constant 2015 US$ per US$ of GDP	0.4607 constant 2015 US$ per US$ of GDP	0.6817 constant 2015 US$ per US$ of GDP	6

Countries ranked near Iceland

154 Malta 0.4707 constant 2015 US$ per US$ of GDP compare
155 Romania 0.4672 constant 2015 US$ per US$ of GDP compare
156 San Marino 0.4621 constant 2015 US$ per US$ of GDP compare
158 Zimbabwe 0.4538 constant 2015 US$ per US$ of GDP compare
159 Albania 0.4416 constant 2015 US$ per US$ of GDP compare
160 Estonia 0.4411 constant 2015 US$ per US$ of GDP compare

See the full ranking of 214 places →

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)
Households and NPISHs Final consumption expenditure (current LCU) 9.4 % change on previous year (2025)
Households and NPISHs Final consumption expenditure (current LCU) 63.74 current LCU per US$ of GDP (2025)
Households and NPISHs Final consumption expenditure (current LCU) 6.27 million current LCU per person (2025)
Households and NPISHs Final consumption expenditure (constant 2015) 4.32 % change on previous year (2025)
Households and NPISHs Final consumption expenditure (constant 2015) 0.3194 constant 2015 US$ per US$ of GDP (2025)
Households and NPISHs Final consumption expenditure (constant 2015) 31,408 constant 2015 US$ per person (2025)
Final consumption expenditure (current US$), annual growth rate 17.29 % change on previous year (2025)
Final consumption expenditure (current US$), per unit of GDP 0.7569 current US$ per US$ of GDP (2025)

All data for Iceland →

Frequently asked questions

What is final consumption expenditure (constant 2015 us$), per unit of gdp in Iceland?: Final consumption expenditure (constant 2015 us$), per unit of gdp in Iceland was 0.4607 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest final consumption expenditure (constant 2015 us$), per unit of gdp recorded in Iceland?: The highest recorded value was 5.51 constant 2015 US$ per US$ of GDP in 1970.
What is the lowest final consumption expenditure (constant 2015 us$), per unit of gdp recorded in Iceland?: The lowest recorded value was 0.4607 constant 2015 US$ per US$ of GDP in 2025.
How does Iceland rank for final consumption expenditure (constant 2015 us$), per unit of gdp?: Iceland ranks 157th out of 172 countries with data for 2025.
Is final consumption expenditure (constant 2015 us$), per unit of gdp rising or falling in Iceland?: Over the last ten years it is down 36.9%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?: The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Final consumption expenditure (constant 2015 US$), per unit of GDP in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/stat/final-consumption-expenditure-constant-2015-us-per-unit-of-gdp/iceland/

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How this figure is calculated

Final consumption expenditure (constant 2015 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.

Final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)

Computed from

Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
GDP Country official statistics, National Statistical Organizations and/or Central Banks

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

Indicator: Final consumption expenditure (constant 2015 US$), per unit of GDP
Unit: constant 2015 US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 214 places, 9,103 data points, 1960–2025
Last refreshed: 09 September 2026

Final consumption expenditure (constant 2015 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.