Final consumption expenditure (current US$), per unit of GDP in Iceland
Iceland: Final consumption expenditure (current US$), per unit of GDP was 0.7569 current US$ per US$ of GDP in 2025. ▲ Rising
Final consumption expenditure (current US$), per unit of GDP in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for final consumption expenditure (current us$), per unit of gdp in Iceland is 0.7569 current US$ per US$ of GDP, measured in 2025.
The figure is up 0.9% on the previous year and up 3.6% over ten years.
Over the whole period, final consumption expenditure (current us$), per unit of gdp in Iceland peaked at 0.824 current US$ per US$ of GDP in 2005 and was at its lowest, 0.6881 current US$ per US$ of GDP, in 1973.
That places Iceland 117th out of 188 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Final consumption expenditure (current US$), per unit of GDP in Iceland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.7199 current US$ per US$ of GDP | — |
| 1971 | 0.7209 current US$ per US$ of GDP | +0.1% |
| 1972 | 0.7238 current US$ per US$ of GDP | +0.4% |
| 1973 | 0.6881 current US$ per US$ of GDP | -4.9% |
| 1974 | 0.7274 current US$ per US$ of GDP | +5.7% |
| 1975 | 0.7223 current US$ per US$ of GDP | -0.7% |
| 1976 | 0.6998 current US$ per US$ of GDP | -3.1% |
| 1977 | 0.6995 current US$ per US$ of GDP | -0.0% |
| 1978 | 0.7129 current US$ per US$ of GDP | +1.9% |
| 1979 | 0.7282 current US$ per US$ of GDP | +2.2% |
| 1980 | 0.7206 current US$ per US$ of GDP | -1.1% |
| 1981 | 0.7377 current US$ per US$ of GDP | +2.4% |
| 1982 | 0.7575 current US$ per US$ of GDP | +2.7% |
| 1983 | 0.7589 current US$ per US$ of GDP | +0.2% |
| 1984 | 0.7594 current US$ per US$ of GDP | +0.1% |
| 1985 | 0.781 current US$ per US$ of GDP | +2.8% |
| 1986 | 0.7678 current US$ per US$ of GDP | -1.7% |
| 1987 | 0.7937 current US$ per US$ of GDP | +3.4% |
| 1988 | 0.7909 current US$ per US$ of GDP | -0.3% |
| 1989 | 0.7799 current US$ per US$ of GDP | -1.4% |
| 1990 | 0.7876 current US$ per US$ of GDP | +1.0% |
| 1991 | 0.8023 current US$ per US$ of GDP | +1.9% |
| 1992 | 0.8099 current US$ per US$ of GDP | +1.0% |
| 1993 | 0.7897 current US$ per US$ of GDP | -2.5% |
| 1994 | 0.779 current US$ per US$ of GDP | -1.4% |
| 1995 | 0.7909 current US$ per US$ of GDP | +1.5% |
| 1996 | 0.7947 current US$ per US$ of GDP | +0.5% |
| 1997 | 0.7819 current US$ per US$ of GDP | -1.6% |
| 1998 | 0.7882 current US$ per US$ of GDP | +0.8% |
| 1999 | 0.8121 current US$ per US$ of GDP | +3.0% |
| 2000 | 0.8217 current US$ per US$ of GDP | +1.2% |
| 2001 | 0.7819 current US$ per US$ of GDP | -4.9% |
| 2002 | 0.7891 current US$ per US$ of GDP | +0.9% |
| 2003 | 0.8179 current US$ per US$ of GDP | +3.7% |
| 2004 | 0.8096 current US$ per US$ of GDP | -1.0% |
| 2005 | 0.824 current US$ per US$ of GDP | +1.8% |
| 2006 | 0.8056 current US$ per US$ of GDP | -2.2% |
| 2007 | 0.7921 current US$ per US$ of GDP | -1.7% |
| 2008 | 0.7618 current US$ per US$ of GDP | -3.8% |
| 2009 | 0.7721 current US$ per US$ of GDP | +1.4% |
| 2010 | 0.7636 current US$ per US$ of GDP | -1.1% |
| 2011 | 0.769 current US$ per US$ of GDP | +0.7% |
| 2012 | 0.7817 current US$ per US$ of GDP | +1.7% |
| 2013 | 0.7704 current US$ per US$ of GDP | -1.5% |
| 2014 | 0.7639 current US$ per US$ of GDP | -0.8% |
| 2015 | 0.7303 current US$ per US$ of GDP | -4.4% |
| 2016 | 0.7197 current US$ per US$ of GDP | -1.5% |
| 2017 | 0.7344 current US$ per US$ of GDP | +2.0% |
| 2018 | 0.738 current US$ per US$ of GDP | +0.5% |
| 2019 | 0.7416 current US$ per US$ of GDP | +0.5% |
| 2020 | 0.7933 current US$ per US$ of GDP | +7.0% |
| 2021 | 0.7868 current US$ per US$ of GDP | -0.8% |
| 2022 | 0.7532 current US$ per US$ of GDP | -4.3% |
| 2023 | 0.7386 current US$ per US$ of GDP | -1.9% |
| 2024 | 0.7502 current US$ per US$ of GDP | +1.6% |
| 2025 | 0.7569 current US$ per US$ of GDP | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7143 current US$ per US$ of GDP | 0.6881 current US$ per US$ of GDP | 0.7282 current US$ per US$ of GDP | 10 |
| 1980s | 0.7647 current US$ per US$ of GDP | 0.7206 current US$ per US$ of GDP | 0.7937 current US$ per US$ of GDP | 10 |
| 1990s | 0.7936 current US$ per US$ of GDP | 0.779 current US$ per US$ of GDP | 0.8121 current US$ per US$ of GDP | 10 |
| 2000s | 0.7976 current US$ per US$ of GDP | 0.7618 current US$ per US$ of GDP | 0.824 current US$ per US$ of GDP | 10 |
| 2010s | 0.7513 current US$ per US$ of GDP | 0.7197 current US$ per US$ of GDP | 0.7817 current US$ per US$ of GDP | 10 |
| 2020s | 0.7632 current US$ per US$ of GDP | 0.7386 current US$ per US$ of GDP | 0.7933 current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 114 Belgium 0.7627 current US$ per US$ of GDP compare
- 115 Italy 0.7582 current US$ per US$ of GDP compare
- 116 Germany 0.7571 current US$ per US$ of GDP compare
- 118 Côte d'Ivoire 0.7569 current US$ per US$ of GDP compare
- 119 Ecuador 0.7554 current US$ per US$ of GDP compare
- 120 Thailand 0.7511 current US$ 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)
- 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 capita 74,418 current US$ per person (2025)
Frequently asked questions
- What is final consumption expenditure (current us$), per unit of gdp in Iceland?
- Final consumption expenditure (current us$), per unit of gdp in Iceland was 0.7569 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.824 current US$ per US$ of GDP in 2005.
- What is the lowest final consumption expenditure (current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.6881 current US$ per US$ of GDP in 1973.
- How does Iceland rank for final consumption expenditure (current us$), per unit of gdp?
- Iceland ranks 117th out of 188 countries with data for 2025.
- Is final consumption expenditure (current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is up 3.6%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (current US$) ÷ GDP (current US$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.