Final consumption expenditure (constant LCU), per square kilometre in Iceland
Iceland: Final consumption expenditure (constant LCU), per square kilometre was 26.59 million constant LCU per square kilometre in 2023. ▲ Rising
Latest (2023)
26.59 million constant LCU per square kilometre
Change on year
up 1.1%
World rank
55th
of 173 countries
All-time high
26.59 million constant LCU per square kilometre
in 2023
All-time low
4.72 million constant LCU per square kilometre
in 1970
Years of data
54
1970–2023
Final consumption expenditure (constant LCU), per square kilometre in Iceland, 1970–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
In 2023, final consumption expenditure (constant lcu), per square kilometre in Iceland stood at 26.59 million constant LCU per square kilometre. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 1.1% on the previous year and up 36.1% over ten years.
Over the whole period, final consumption expenditure (constant lcu), per square kilometre in Iceland peaked at 26.59 million constant LCU per square kilometre in 2023 and was at its lowest, 4.72 million constant LCU per square kilometre, in 1970.
Iceland ranks 55th of 173 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 LCU), per square kilometre in Iceland, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1970 | 4.72 million constant LCU per square kilometre | — |
| 1971 | 5.44 million constant LCU per square kilometre | +15.3% |
| 1972 | 5.91 million constant LCU per square kilometre | +8.6% |
| 1973 | 6.26 million constant LCU per square kilometre | +5.9% |
| 1974 | 6.88 million constant LCU per square kilometre | +9.9% |
| 1975 | 6.48 million constant LCU per square kilometre | -5.9% |
| 1976 | 6.82 million constant LCU per square kilometre | +5.3% |
| 1977 | 7.54 million constant LCU per square kilometre | +10.5% |
| 1978 | 8.18 million constant LCU per square kilometre | +8.6% |
| 1979 | 8.46 million constant LCU per square kilometre | +3.4% |
| 1980 | 8.72 million constant LCU per square kilometre | +3.1% |
| 1981 | 9.29 million constant LCU per square kilometre | +6.5% |
| 1982 | 9.77 million constant LCU per square kilometre | +5.2% |
| 1983 | 9.47 million constant LCU per square kilometre | -3.1% |
| 1984 | 9.74 million constant LCU per square kilometre | +2.9% |
| 1985 | 10.21 million constant LCU per square kilometre | +4.8% |
| 1986 | 10.93 million constant LCU per square kilometre | +7.0% |
| 1987 | 12.41 million constant LCU per square kilometre | +13.6% |
| 1988 | 12.20 million constant LCU per square kilometre | -1.7% |
| 1989 | 11.93 million constant LCU per square kilometre | -2.2% |
| 1990 | 12.44 million constant LCU per square kilometre | +4.3% |
| 1991 | 12.78 million constant LCU per square kilometre | +2.7% |
| 1992 | 12.41 million constant LCU per square kilometre | -2.9% |
| 1993 | 12.02 million constant LCU per square kilometre | -3.2% |
| 1994 | 12.36 million constant LCU per square kilometre | +2.8% |
| 1995 | 12.57 million constant LCU per square kilometre | +1.7% |
| 1996 | 13.05 million constant LCU per square kilometre | +3.9% |
| 1997 | 13.48 million constant LCU per square kilometre | +3.2% |
| 1998 | 14.75 million constant LCU per square kilometre | +9.4% |
| 1999 | 15.69 million constant LCU per square kilometre | +6.4% |
| 2000 | 16.36 million constant LCU per square kilometre | +4.2% |
| 2001 | 16.25 million constant LCU per square kilometre | -0.7% |
| 2002 | 16.43 million constant LCU per square kilometre | +1.1% |
| 2003 | 17.18 million constant LCU per square kilometre | +4.6% |
| 2004 | 18.13 million constant LCU per square kilometre | +5.6% |
| 2005 | 19.86 million constant LCU per square kilometre | +9.5% |
| 2006 | 20.66 million constant LCU per square kilometre | +4.0% |
| 2007 | 21.88 million constant LCU per square kilometre | +5.9% |
| 2008 | 21.19 million constant LCU per square kilometre | -3.2% |
| 2009 | 19.20 million constant LCU per square kilometre | -9.4% |
| 2010 | 18.99 million constant LCU per square kilometre | -1.1% |
| 2011 | 19.25 million constant LCU per square kilometre | +1.4% |
| 2012 | 19.40 million constant LCU per square kilometre | +0.7% |
| 2013 | 19.55 million constant LCU per square kilometre | +0.8% |
| 2014 | 19.88 million constant LCU per square kilometre | +1.7% |
| 2015 | 20.32 million constant LCU per square kilometre | +2.2% |
| 2016 | 21.11 million constant LCU per square kilometre | +3.9% |
| 2017 | 22.32 million constant LCU per square kilometre | +5.7% |
| 2018 | 23.06 million constant LCU per square kilometre | +3.3% |
| 2019 | 23.48 million constant LCU per square kilometre | +1.8% |
| 2020 | 23.48 million constant LCU per square kilometre | -0.0% |
| 2021 | 24.92 million constant LCU per square kilometre | +6.1% |
| 2022 | 26.30 million constant LCU per square kilometre | +5.6% |
| 2023 | 26.59 million constant LCU per square kilometre | +1.1% |
Iceland compared with similar countries
- Iceland's 26.59 million constant LCU per square kilometre is above the median for high income countries, which is 5.91 million constant LCU per square kilometre, 4.5× the median. (61 countries reporting)
- Iceland's 26.59 million constant LCU per square kilometre is above the median for Europe & Central Asia, which is 4.11 million constant LCU per square kilometre, 6.5× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.67 million constant LCU per square kilometre | 4.72 million constant LCU per square kilometre | 8.46 million constant LCU per square kilometre | 10 |
| 1980s | 10.47 million constant LCU per square kilometre | 8.72 million constant LCU per square kilometre | 12.41 million constant LCU per square kilometre | 10 |
| 1990s | 13.16 million constant LCU per square kilometre | 12.02 million constant LCU per square kilometre | 15.69 million constant LCU per square kilometre | 10 |
| 2000s | 18.71 million constant LCU per square kilometre | 16.25 million constant LCU per square kilometre | 21.88 million constant LCU per square kilometre | 10 |
| 2010s | 20.73 million constant LCU per square kilometre | 18.99 million constant LCU per square kilometre | 23.48 million constant LCU per square kilometre | 10 |
| 2020s | 25.32 million constant LCU per square kilometre | 23.48 million constant LCU per square kilometre | 26.59 million constant LCU per square kilometre | 4 |
Countries ranked near Iceland
- 52 Madagascar 32.42 million constant LCU per square kilometre compare
- 53 Burkina Faso 31.31 million constant LCU per square kilometre compare
- 54 Haiti 27.16 million constant LCU per square kilometre compare
- 56 Djibouti 26.00 million constant LCU per square kilometre compare
- 57 Qatar 22.49 million constant LCU per square kilometre compare
- 58 Netherlands 18.44 million constant LCU 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 lcu), per square kilometre in Iceland?
- Final consumption expenditure (constant lcu), per square kilometre in Iceland was 26.59 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant lcu), per square kilometre recorded in Iceland?
- The highest recorded value was 26.59 million constant LCU per square kilometre in 2023.
- What is the lowest final consumption expenditure (constant lcu), per square kilometre recorded in Iceland?
- The lowest recorded value was 4.72 million constant LCU per square kilometre in 1970.
- How does Iceland rank for final consumption expenditure (constant lcu), per square kilometre?
- Iceland ranks 55th out of 173 countries with data for 2023.
- Is final consumption expenditure (constant lcu), per square kilometre 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 LCU), 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 LCU) 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 LCU) ÷ 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 LCU) 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.