Final consumption expenditure (current LCU), per unit of GDP (LCU) in Iceland
Iceland: Final consumption expenditure (current LCU), per unit of GDP (LCU) was 97.21 current LCU per US$ of GDP in 2025. ◆ Volatile
Final consumption expenditure (current LCU), per unit of GDP in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2025, final consumption expenditure (current lcu), per unit of gdp in Iceland stood at 97.21 current LCU per US$ of GDP.
The figure is down 6.1% on the previous year and up 0.9% over ten years.
Over the whole period, final consumption expenditure (current lcu), per unit of gdp in Iceland peaked at 107.43 current LCU per US$ of GDP in 2020 and was at its lowest, 0.6202 current LCU per US$ of GDP, in 1973.
Iceland ranks 60th of 188 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 unit of GDP (LCU) in Iceland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.6336 current LCU per US$ of GDP | — |
| 1971 | 0.6344 current LCU per US$ of GDP | +0.1% |
| 1972 | 0.6388 current LCU per US$ of GDP | +0.7% |
| 1973 | 0.6202 current LCU per US$ of GDP | -2.9% |
| 1974 | 0.7271 current LCU per US$ of GDP | +17.2% |
| 1975 | 1.11 current LCU per US$ of GDP | +52.7% |
| 1976 | 1.27 current LCU per US$ of GDP | +14.8% |
| 1977 | 1.39 current LCU per US$ of GDP | +9.1% |
| 1978 | 1.93 current LCU per US$ of GDP | +38.9% |
| 1979 | 2.57 current LCU per US$ of GDP | +32.9% |
| 1980 | 3.46 current LCU per US$ of GDP | +34.6% |
| 1981 | 5.33 current LCU per US$ of GDP | +54.2% |
| 1982 | 9.36 current LCU per US$ of GDP | +75.5% |
| 1983 | 18.85 current LCU per US$ of GDP | +101.5% |
| 1984 | 24.07 current LCU per US$ of GDP | +27.7% |
| 1985 | 32.42 current LCU per US$ of GDP | +34.7% |
| 1986 | 31.56 current LCU per US$ of GDP | -2.7% |
| 1987 | 30.7 current LCU per US$ of GDP | -2.7% |
| 1988 | 34.02 current LCU per US$ of GDP | +10.8% |
| 1989 | 44.49 current LCU per US$ of GDP | +30.8% |
| 1990 | 45.9 current LCU per US$ of GDP | +3.2% |
| 1991 | 47.33 current LCU per US$ of GDP | +3.1% |
| 1992 | 46.61 current LCU per US$ of GDP | -1.5% |
| 1993 | 53.39 current LCU per US$ of GDP | +14.5% |
| 1994 | 54.49 current LCU per US$ of GDP | +2.1% |
| 1995 | 51.16 current LCU per US$ of GDP | -6.1% |
| 1996 | 52.85 current LCU per US$ of GDP | +3.3% |
| 1997 | 55.44 current LCU per US$ of GDP | +4.9% |
| 1998 | 55.93 current LCU per US$ of GDP | +0.9% |
| 1999 | 58.74 current LCU per US$ of GDP | +5.0% |
| 2000 | 64.6 current LCU per US$ of GDP | +10.0% |
| 2001 | 76.17 current LCU per US$ of GDP | +17.9% |
| 2002 | 72.33 current LCU per US$ of GDP | -5.0% |
| 2003 | 62.74 current LCU per US$ of GDP | -13.3% |
| 2004 | 56.83 current LCU per US$ of GDP | -9.4% |
| 2005 | 51.9 current LCU per US$ of GDP | -8.7% |
| 2006 | 56.54 current LCU per US$ of GDP | +8.9% |
| 2007 | 50.74 current LCU per US$ of GDP | -10.3% |
| 2008 | 67 current LCU per US$ of GDP | +32.0% |
| 2009 | 95.46 current LCU per US$ of GDP | +42.5% |
| 2010 | 93.34 current LCU per US$ of GDP | -2.2% |
| 2011 | 89.17 current LCU per US$ of GDP | -4.5% |
| 2012 | 97.78 current LCU per US$ of GDP | +9.7% |
| 2013 | 94.12 current LCU per US$ of GDP | -3.7% |
| 2014 | 89.2 current LCU per US$ of GDP | -5.2% |
| 2015 | 96.34 current LCU per US$ of GDP | +8.0% |
| 2016 | 86.94 current LCU per US$ of GDP | -9.7% |
| 2017 | 78.46 current LCU per US$ of GDP | -9.8% |
| 2018 | 79.92 current LCU per US$ of GDP | +1.9% |
| 2019 | 90.93 current LCU per US$ of GDP | +13.8% |
| 2020 | 107.43 current LCU per US$ of GDP | +18.2% |
| 2021 | 99.92 current LCU per US$ of GDP | -7.0% |
| 2022 | 101.9 current LCU per US$ of GDP | +2.0% |
| 2023 | 101.89 current LCU per US$ of GDP | -0.0% |
| 2024 | 103.5 current LCU per US$ of GDP | +1.6% |
| 2025 | 97.21 current LCU per US$ of GDP | -6.1% |
Iceland compared with similar countries
- Iceland's 97.21 current LCU per US$ of GDP is above the median for high income countries, which is 0.8641 current LCU per US$ of GDP, 112.5× the median. (67 countries reporting)
- Iceland's 97.21 current LCU per US$ of GDP is above the median for Europe & Central Asia, which is 1.07 current LCU per US$ of GDP, 90.6× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Final consumption expenditure (current LCU), per unit of GDP (LCU) 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 | +101.5% | 9.36 current LCU per US$ of GDP | 18.85 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.15 current LCU per US$ of GDP | 0.6202 current LCU per US$ of GDP | 2.57 current LCU per US$ of GDP | 10 |
| 1980s | 23.42 current LCU per US$ of GDP | 3.46 current LCU per US$ of GDP | 44.49 current LCU per US$ of GDP | 10 |
| 1990s | 52.18 current LCU per US$ of GDP | 45.9 current LCU per US$ of GDP | 58.74 current LCU per US$ of GDP | 10 |
| 2000s | 65.43 current LCU per US$ of GDP | 50.74 current LCU per US$ of GDP | 95.46 current LCU per US$ of GDP | 10 |
| 2010s | 89.62 current LCU per US$ of GDP | 78.46 current LCU per US$ of GDP | 97.78 current LCU per US$ of GDP | 10 |
| 2020s | 101.97 current LCU per US$ of GDP | 97.21 current LCU per US$ of GDP | 107.43 current LCU per US$ of GDP | 6 |
Countries ranked near Iceland
- 57 Japan 110.82 current LCU per US$ of GDP compare
- 58 Ethiopia 103.66 current LCU per US$ of GDP compare
- 59 New Caledonia 99.24 current LCU per US$ of GDP compare
- 61 Afghanistan 96.05 current LCU per US$ of GDP compare
- 62 Bangladesh 94.3 current LCU per US$ of GDP compare
- 63 Kyrgyzstan 92.21 current LCU per US$ of GDP 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure (current lcu), per unit of gdp in Iceland?
- Final consumption expenditure (current lcu), per unit of gdp in Iceland was 97.21 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), per unit of gdp recorded in Iceland?
- The highest recorded value was 107.43 current LCU per US$ of GDP in 2020.
- What is the lowest final consumption expenditure (current lcu), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.6202 current LCU per US$ of GDP in 1973.
- How does Iceland rank for final consumption expenditure (current lcu), per unit of gdp?
- Iceland ranks 60th out of 188 countries with data for 2025.
- Is final consumption expenditure (current lcu), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is up 0.9%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (current LCU) ÷ GDP (current US$)
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
Final consumption expenditure (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.