Final consumption expenditure (current LCU), per capita in Iceland
Iceland: Final consumption expenditure (current LCU), per capita was 9.56 million current LCU per person in 2025. ◆ Volatile
Final consumption expenditure (current LCU), per capita in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
In 2025, final consumption expenditure (current lcu), per capita in Iceland stood at 9.56 million current LCU per person. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 7.6% on the previous year and up 85.4% over ten years.
Over the whole period, final consumption expenditure (current lcu), per capita in Iceland peaked at 9.56 million current LCU per person in 2025 and was at its lowest, 1,689 current LCU per person, in 1970.
That places Iceland 15th out of 188 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current LCU), per capita in Iceland, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1970 | 1,689 current LCU per person | — |
| 1971 | 2,135 current LCU per person | +26.4% |
| 1972 | 2,654 current LCU per person | +24.3% |
| 1973 | 3,490 current LCU per person | +31.5% |
| 1974 | 5,298 current LCU per person | +51.8% |
| 1975 | 7,416 current LCU per person | +40.0% |
| 1976 | 10,005 current LCU per person | +34.9% |
| 1977 | 14,335 current LCU per person | +43.3% |
| 1978 | 22,476 current LCU per person | +56.8% |
| 1979 | 33,593 current LCU per person | +49.5% |
| 1980 | 53,031 current LCU per person | +57.9% |
| 1981 | 83,496 current LCU per person | +57.4% |
| 1982 | 132,772 current LCU per person | +59.0% |
| 1983 | 227,736 current LCU per person | +71.5% |
| 1984 | 297,908 current LCU per person | +30.8% |
| 1985 | 414,739 current LCU per person | +39.2% |
| 1986 | 535,846 current LCU per person | +29.2% |
| 1987 | 713,336 current LCU per person | +33.1% |
| 1988 | 860,975 current LCU per person | +20.7% |
| 1989 | 1.03 million current LCU per person | +20.0% |
| 1990 | 1.21 million current LCU per person | +16.8% |
| 1991 | 1.31 million current LCU per person | +8.9% |
| 1992 | 1.31 million current LCU per person | -0.3% |
| 1993 | 1.30 million current LCU per person | -0.4% |
| 1994 | 1.35 million current LCU per person | +4.0% |
| 1995 | 1.41 million current LCU per person | +4.1% |
| 1996 | 1.51 million current LCU per person | +7.1% |
| 1997 | 1.58 million current LCU per person | +4.5% |
| 1998 | 1.76 million current LCU per person | +11.7% |
| 1999 | 1.93 million current LCU per person | +9.4% |
| 2000 | 2.10 million current LCU per person | +8.9% |
| 2001 | 2.22 million current LCU per person | +6.0% |
| 2002 | 2.37 million current LCU per person | +6.5% |
| 2003 | 2.51 million current LCU per person | +5.8% |
| 2004 | 2.72 million current LCU per person | +8.4% |
| 2005 | 3.00 million current LCU per person | +10.4% |
| 2006 | 3.29 million current LCU per person | +9.7% |
| 2007 | 3.58 million current LCU per person | +8.7% |
| 2008 | 3.85 million current LCU per person | +7.7% |
| 2009 | 3.96 million current LCU per person | +2.8% |
| 2010 | 4.09 million current LCU per person | +3.2% |
| 2011 | 4.30 million current LCU per person | +5.3% |
| 2012 | 4.56 million current LCU per person | +5.9% |
| 2013 | 4.72 million current LCU per person | +3.7% |
| 2014 | 4.92 million current LCU per person | +4.1% |
| 2015 | 5.15 million current LCU per person | +4.8% |
| 2016 | 5.46 million current LCU per person | +6.0% |
| 2017 | 5.73 million current LCU per person | +4.8% |
| 2018 | 6.04 million current LCU per person | +5.6% |
| 2019 | 6.30 million current LCU per person | +4.2% |
| 2020 | 6.46 million current LCU per person | +2.5% |
| 2021 | 7.04 million current LCU per person | +8.9% |
| 2022 | 7.78 million current LCU per person | +10.6% |
| 2023 | 8.38 million current LCU per person | +7.6% |
| 2024 | 8.89 million current LCU per person | +6.1% |
| 2025 | 9.56 million current LCU per person | +7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10,309 current LCU per person | 1,689 current LCU per person | 33,593 current LCU per person | 10 |
| 1980s | 435,280 current LCU per person | 53,031 current LCU per person | 1.03 million current LCU per person | 10 |
| 1990s | 1.47 million current LCU per person | 1.21 million current LCU per person | 1.93 million current LCU per person | 10 |
| 2000s | 2.96 million current LCU per person | 2.10 million current LCU per person | 3.96 million current LCU per person | 10 |
| 2010s | 5.13 million current LCU per person | 4.09 million current LCU per person | 6.30 million current LCU per person | 10 |
| 2020s | 8.02 million current LCU per person | 6.46 million current LCU per person | 9.56 million current LCU per person | 6 |
Countries ranked near Iceland
- 12 Lao People's Democratic Republic 14.91 million current LCU per person compare
- 13 Guinea 13.60 million current LCU per person compare
- 14 Chile 12.29 million current LCU per person compare
- 16 Costa Rica 7.84 million current LCU per person compare
- 17 Cambodia 7.37 million current LCU per person compare
- 18 Hungary 6.71 million current LCU per person 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)
- 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)
Frequently asked questions
- What is final consumption expenditure (current lcu), per capita in Iceland?
- Final consumption expenditure (current lcu), per capita in Iceland was 9.56 million current LCU per person in 2025, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), per capita recorded in Iceland?
- The highest recorded value was 9.56 million current LCU per person in 2025.
- What is the lowest final consumption expenditure (current lcu), per capita recorded in Iceland?
- The lowest recorded value was 1,689 current LCU per person in 1970.
- How does Iceland rank for final consumption expenditure (current lcu), per capita?
- Iceland ranks 15th out of 188 countries with data for 2025.
- Is final consumption expenditure (current lcu), per capita rising or falling in Iceland?
- Over the last ten years it is up 85.4%. 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 (current LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Final consumption expenditure (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (current LCU) ÷ Population, total
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
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 (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.