Final consumption expenditure (current LCU), per square kilometre in Iceland
Iceland: Final consumption expenditure (current LCU), per square kilometre was 32.04 million current LCU per square kilometre in 2023. ◆ Volatile
Final consumption expenditure (current LCU), per square kilometre in Iceland, 1970–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
The most recent figure for final consumption expenditure (current lcu), per square kilometre in Iceland is 32.04 million current LCU per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
That represents a change of up 8.7% on the previous year and up 110.0% over ten years.
Over the whole period, final consumption expenditure (current lcu), per square kilometre in Iceland peaked at 32.04 million current LCU per square kilometre in 2023 and was at its lowest, 3,445 current LCU per square kilometre, in 1970.
Iceland ranks 62nd of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current LCU), per square kilometre in Iceland, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1970 | 3,445 current LCU per square kilometre | — |
| 1971 | 4,390 current LCU per square kilometre | +27.4% |
| 1972 | 5,537 current LCU per square kilometre | +26.1% |
| 1973 | 7,392 current LCU per square kilometre | +33.5% |
| 1974 | 11,373 current LCU per square kilometre | +53.9% |
| 1975 | 16,126 current LCU per square kilometre | +41.8% |
| 1976 | 21,972 current LCU per square kilometre | +36.3% |
| 1977 | 31,715 current LCU per square kilometre | +44.3% |
| 1978 | 50,116 current LCU per square kilometre | +58.0% |
| 1979 | 75,643 current LCU per square kilometre | +50.9% |
| 1980 | 120,681 current LCU per square kilometre | +59.5% |
| 1981 | 192,190 current LCU per square kilometre | +59.3% |
| 1982 | 309,726 current LCU per square kilometre | +61.2% |
| 1983 | 538,335 current LCU per square kilometre | +73.8% |
| 1984 | 711,744 current LCU per square kilometre | +32.2% |
| 1985 | 998,703 current LCU per square kilometre | +40.3% |
| 1986 | 1.30 million current LCU per square kilometre | +30.2% |
| 1987 | 1.75 million current LCU per square kilometre | +34.6% |
| 1988 | 2.14 million current LCU per square kilometre | +22.6% |
| 1989 | 2.61 million current LCU per square kilometre | +21.5% |
| 1990 | 3.07 million current LCU per square kilometre | +17.7% |
| 1991 | 3.38 million current LCU per square kilometre | +10.1% |
| 1992 | 3.41 million current LCU per square kilometre | +0.9% |
| 1993 | 3.43 million current LCU per square kilometre | +0.6% |
| 1994 | 3.59 million current LCU per square kilometre | +4.9% |
| 1995 | 3.76 million current LCU per square kilometre | +4.7% |
| 1996 | 4.05 million current LCU per square kilometre | +7.7% |
| 1997 | 4.27 million current LCU per square kilometre | +5.3% |
| 1998 | 4.82 million current LCU per square kilometre | +12.9% |
| 1999 | 5.34 million current LCU per square kilometre | +10.7% |
| 2000 | 5.89 million current LCU per square kilometre | +10.4% |
| 2001 | 6.32 million current LCU per square kilometre | +7.4% |
| 2002 | 6.79 million current LCU per square kilometre | +7.4% |
| 2003 | 7.24 million current LCU per square kilometre | +6.5% |
| 2004 | 7.92 million current LCU per square kilometre | +9.4% |
| 2005 | 8.88 million current LCU per square kilometre | +12.1% |
| 2006 | 9.97 million current LCU per square kilometre | +12.3% |
| 2007 | 11.11 million current LCU per square kilometre | +11.5% |
| 2008 | 12.20 million current LCU per square kilometre | +9.7% |
| 2009 | 12.58 million current LCU per square kilometre | +3.2% |
| 2010 | 12.96 million current LCU per square kilometre | +3.0% |
| 2011 | 13.69 million current LCU per square kilometre | +5.6% |
| 2012 | 14.58 million current LCU per square kilometre | +6.4% |
| 2013 | 15.25 million current LCU per square kilometre | +4.6% |
| 2014 | 16.06 million current LCU per square kilometre | +5.3% |
| 2015 | 17.01 million current LCU per square kilometre | +5.9% |
| 2016 | 18.29 million current LCU per square kilometre | +7.5% |
| 2017 | 19.61 million current LCU per square kilometre | +7.3% |
| 2018 | 21.15 million current LCU per square kilometre | +7.8% |
| 2019 | 22.53 million current LCU per square kilometre | +6.6% |
| 2020 | 23.48 million current LCU per square kilometre | +4.2% |
| 2021 | 26.00 million current LCU per square kilometre | +10.7% |
| 2022 | 29.48 million current LCU per square kilometre | +13.4% |
| 2023 | 32.04 million current LCU per square kilometre | +8.7% |
Iceland compared with similar countries
- Iceland's 32.04 million current LCU per square kilometre is above the median for high income countries, which is 8.94 million current LCU per square kilometre, 3.6× the median. (67 countries reporting)
- Iceland's 32.04 million current LCU per square kilometre is above the median for Europe & Central Asia, which is 7.23 million current LCU per square kilometre, 4.4× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Final consumption expenditure (current LCU), per square kilometre in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +73.8% | 309,726 current LCU per square kilometre | 538,335 current LCU per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22,771 current LCU per square kilometre | 3,445 current LCU per square kilometre | 75,643 current LCU per square kilometre | 10 |
| 1980s | 1.07 million current LCU per square kilometre | 120,681 current LCU per square kilometre | 2.61 million current LCU per square kilometre | 10 |
| 1990s | 3.91 million current LCU per square kilometre | 3.07 million current LCU per square kilometre | 5.34 million current LCU per square kilometre | 10 |
| 2000s | 8.89 million current LCU per square kilometre | 5.89 million current LCU per square kilometre | 12.58 million current LCU per square kilometre | 10 |
| 2010s | 17.11 million current LCU per square kilometre | 12.96 million current LCU per square kilometre | 22.53 million current LCU per square kilometre | 10 |
| 2020s | 27.75 million current LCU per square kilometre | 23.48 million current LCU per square kilometre | 32.04 million current LCU per square kilometre | 4 |
Countries ranked near Iceland
- 59 Guinea-Bissau 39.76 million current LCU per square kilometre compare
- 60 Burkina Faso 37.88 million current LCU per square kilometre compare
- 61 Nepal 34.74 million current LCU per square kilometre compare
- 63 North Macedonia 29.85 million current LCU per square kilometre compare
- 64 Yemen 29.03 million current LCU per square kilometre compare
- 65 Aruba 28.17 million current 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 (current lcu), per square kilometre in Iceland?
- Final consumption expenditure (current lcu), per square kilometre in Iceland was 32.04 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), per square kilometre recorded in Iceland?
- The highest recorded value was 32.04 million current LCU per square kilometre in 2023.
- What is the lowest final consumption expenditure (current lcu), per square kilometre recorded in Iceland?
- The lowest recorded value was 3,445 current LCU per square kilometre in 1970.
- How does Iceland rank for final consumption expenditure (current lcu), per square kilometre?
- Iceland ranks 62nd out of 185 countries with data for 2023.
- Is final consumption expenditure (current lcu), per square kilometre rising or falling in Iceland?
- Over the last ten years it is up 110.0%. 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 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 (current 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 (current 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 (current 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.