General government final consumption expenditure (constant LCU), per in Iceland
Iceland: General government final consumption expenditure (constant LCU), per was 8.88 million constant LCU per square kilometre in 2023. ▲ Rising
Latest (2023)
8.88 million constant LCU per square kilometre
Change on year
up 2.4%
World rank
50th
of 172 countries
All-time high
8.88 million constant LCU per square kilometre
in 2023
All-time low
1.43 million constant LCU per square kilometre
in 1970
Years of data
54
1970–2023
General government final consumption expenditure (constant LCU), per in Iceland, 1970–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
In 2023, general government final consumption expenditure (constant lcu), per in Iceland stood at 8.88 million constant LCU per square kilometre. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 24.8% over ten years.
Over the whole period, general government final consumption expenditure (constant lcu), per in Iceland peaked at 8.88 million constant LCU per square kilometre in 2023 and was at its lowest, 1.43 million constant LCU per square kilometre, in 1970.
That places Iceland 50th out of 172 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
General government final consumption expenditure (constant LCU), per in Iceland, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1970 | 1.43 million constant LCU per square kilometre | — |
| 1971 | 1.54 million constant LCU per square kilometre | +7.6% |
| 1972 | 1.76 million constant LCU per square kilometre | +14.5% |
| 1973 | 1.91 million constant LCU per square kilometre | +8.5% |
| 1974 | 2.07 million constant LCU per square kilometre | +8.5% |
| 1975 | 2.26 million constant LCU per square kilometre | +9.3% |
| 1976 | 2.38 million constant LCU per square kilometre | +5.0% |
| 1977 | 2.43 million constant LCU per square kilometre | +2.2% |
| 1978 | 2.60 million constant LCU per square kilometre | +7.1% |
| 1979 | 2.74 million constant LCU per square kilometre | +5.5% |
| 1980 | 2.80 million constant LCU per square kilometre | +2.1% |
| 1981 | 3.01 million constant LCU per square kilometre | +7.5% |
| 1982 | 3.19 million constant LCU per square kilometre | +5.9% |
| 1983 | 3.34 million constant LCU per square kilometre | +4.7% |
| 1984 | 3.36 million constant LCU per square kilometre | +0.6% |
| 1985 | 3.58 million constant LCU per square kilometre | +6.5% |
| 1986 | 3.84 million constant LCU per square kilometre | +7.3% |
| 1987 | 4.09 million constant LCU per square kilometre | +6.5% |
| 1988 | 4.28 million constant LCU per square kilometre | +4.7% |
| 1989 | 4.41 million constant LCU per square kilometre | +3.0% |
| 1990 | 4.60 million constant LCU per square kilometre | +4.4% |
| 1991 | 4.75 million constant LCU per square kilometre | +3.2% |
| 1992 | 4.72 million constant LCU per square kilometre | -0.6% |
| 1993 | 4.83 million constant LCU per square kilometre | +2.5% |
| 1994 | 5.03 million constant LCU per square kilometre | +4.0% |
| 1995 | 5.11 million constant LCU per square kilometre | +1.7% |
| 1996 | 5.17 million constant LCU per square kilometre | +1.2% |
| 1997 | 4.97 million constant LCU per square kilometre | -3.9% |
| 1998 | 5.14 million constant LCU per square kilometre | +3.5% |
| 1999 | 5.36 million constant LCU per square kilometre | +4.3% |
| 2000 | 5.63 million constant LCU per square kilometre | +4.9% |
| 2001 | 5.88 million constant LCU per square kilometre | +4.6% |
| 2002 | 6.20 million constant LCU per square kilometre | +5.3% |
| 2003 | 6.30 million constant LCU per square kilometre | +1.7% |
| 2004 | 6.44 million constant LCU per square kilometre | +2.1% |
| 2005 | 6.74 million constant LCU per square kilometre | +4.7% |
| 2006 | 7.05 million constant LCU per square kilometre | +4.6% |
| 2007 | 7.34 million constant LCU per square kilometre | +4.1% |
| 2008 | 7.68 million constant LCU per square kilometre | +4.8% |
| 2009 | 7.44 million constant LCU per square kilometre | -3.2% |
| 2010 | 7.22 million constant LCU per square kilometre | -2.9% |
| 2011 | 7.21 million constant LCU per square kilometre | -0.2% |
| 2012 | 7.07 million constant LCU per square kilometre | -1.8% |
| 2013 | 7.11 million constant LCU per square kilometre | +0.5% |
| 2014 | 7.10 million constant LCU per square kilometre | -0.2% |
| 2015 | 7.10 million constant LCU per square kilometre | -0.0% |
| 2016 | 7.17 million constant LCU per square kilometre | +1.0% |
| 2017 | 7.37 million constant LCU per square kilometre | +2.8% |
| 2018 | 7.64 million constant LCU per square kilometre | +3.7% |
| 2019 | 7.93 million constant LCU per square kilometre | +3.8% |
| 2020 | 8.31 million constant LCU per square kilometre | +4.9% |
| 2021 | 8.52 million constant LCU per square kilometre | +2.5% |
| 2022 | 8.66 million constant LCU per square kilometre | +1.7% |
| 2023 | 8.88 million constant LCU per square kilometre | +2.4% |
Iceland compared with similar countries
- Iceland's 8.88 million constant LCU per square kilometre is above the median for high income countries, which is 1.22 million constant LCU per square kilometre, 7.3× the median. (61 countries reporting)
- Iceland's 8.88 million constant LCU per square kilometre is above the median for Europe & Central Asia, which is 821,335 constant LCU per square kilometre, 10.8× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.11 million constant LCU per square kilometre | 1.43 million constant LCU per square kilometre | 2.74 million constant LCU per square kilometre | 10 |
| 1980s | 3.59 million constant LCU per square kilometre | 2.80 million constant LCU per square kilometre | 4.41 million constant LCU per square kilometre | 10 |
| 1990s | 4.97 million constant LCU per square kilometre | 4.60 million constant LCU per square kilometre | 5.36 million constant LCU per square kilometre | 10 |
| 2000s | 6.67 million constant LCU per square kilometre | 5.63 million constant LCU per square kilometre | 7.68 million constant LCU per square kilometre | 10 |
| 2010s | 7.29 million constant LCU per square kilometre | 7.07 million constant LCU per square kilometre | 7.93 million constant LCU per square kilometre | 10 |
| 2020s | 8.59 million constant LCU per square kilometre | 8.31 million constant LCU per square kilometre | 8.88 million constant LCU per square kilometre | 4 |
Countries ranked near Iceland
- 47 India 9.78 million constant LCU per square kilometre compare
- 48 Malta 9.67 million constant LCU per square kilometre compare
- 49 Albania 9.03 million constant LCU per square kilometre compare
- 51 Burkina Faso 7.40 million constant LCU per square kilometre compare
- 52 Netherlands 6.79 million constant LCU per square kilometre compare
- 53 Cameroon 5.99 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 general government final consumption expenditure (constant lcu), per in Iceland?
- General government final consumption expenditure (constant lcu), per in Iceland was 8.88 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant lcu), per recorded in Iceland?
- The highest recorded value was 8.88 million constant LCU per square kilometre in 2023.
- What is the lowest general government final consumption expenditure (constant lcu), per recorded in Iceland?
- The lowest recorded value was 1.43 million constant LCU per square kilometre in 1970.
- How does Iceland rank for general government final consumption expenditure (constant lcu), per?
- Iceland ranks 50th out of 172 countries with data for 2023.
- Is general government final consumption expenditure (constant lcu), per rising or falling in Iceland?
- Over the last ten years it is up 24.8%. 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 General government 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
General government 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.
General government final consumption expenditure (constant LCU) ÷ Land area (sq. km)
Computed from
- General government 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
General government 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.