General government final consumption expenditure (current LCU), per in Iceland
Iceland: General government final consumption expenditure (current LCU), per was 3.29 million current LCU per person in 2025. ◆ Volatile
General government final consumption expenditure (current LCU), per in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
The most recent figure for general government final consumption expenditure (current lcu), per in Iceland is 3.29 million current LCU per person, measured in 2025. That is the highest value across all 56 years on record.
That represents a change of up 7.2% on the previous year and up 95.4% over ten years.
Over the whole period, general government final consumption expenditure (current lcu), per in Iceland peaked at 3.29 million current LCU per person in 2025 and was at its lowest, 350.27 current LCU per person, in 1970.
Iceland ranks 10th of 187 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure (current LCU), per in Iceland, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1970 | 350.27 current LCU per person | — |
| 1971 | 456.92 current LCU per person | +30.4% |
| 1972 | 627.5 current LCU per person | +37.3% |
| 1973 | 840.2 current LCU per person | +33.9% |
| 1974 | 1,342 current LCU per person | +59.7% |
| 1975 | 1,936 current LCU per person | +44.3% |
| 1976 | 2,569 current LCU per person | +32.7% |
| 1977 | 3,709 current LCU per person | +44.4% |
| 1978 | 6,050 current LCU per person | +63.1% |
| 1979 | 9,139 current LCU per person | +51.1% |
| 1980 | 14,059 current LCU per person | +53.8% |
| 1981 | 22,009 current LCU per person | +56.5% |
| 1982 | 35,848 current LCU per person | +62.9% |
| 1983 | 61,640 current LCU per person | +71.9% |
| 1984 | 74,033 current LCU per person | +20.1% |
| 1985 | 105,620 current LCU per person | +42.7% |
| 1986 | 142,125 current LCU per person | +34.6% |
| 1987 | 191,209 current LCU per person | +34.5% |
| 1988 | 244,548 current LCU per person | +27.9% |
| 1989 | 287,986 current LCU per person | +17.8% |
| 1990 | 330,587 current LCU per person | +14.8% |
| 1991 | 364,766 current LCU per person | +10.3% |
| 1992 | 370,951 current LCU per person | +1.7% |
| 1993 | 387,760 current LCU per person | +4.5% |
| 1994 | 406,378 current LCU per person | +4.8% |
| 1995 | 426,272 current LCU per person | +4.9% |
| 1996 | 452,959 current LCU per person | +6.3% |
| 1997 | 450,035 current LCU per person | -0.6% |
| 1998 | 502,822 current LCU per person | +11.7% |
| 1999 | 550,189 current LCU per person | +9.4% |
| 2000 | 605,231 current LCU per person | +10.0% |
| 2001 | 676,451 current LCU per person | +11.8% |
| 2002 | 762,398 current LCU per person | +12.7% |
| 2003 | 798,104 current LCU per person | +4.7% |
| 2004 | 840,643 current LCU per person | +5.3% |
| 2005 | 909,626 current LCU per person | +8.2% |
| 2006 | 1.01 million current LCU per person | +11.5% |
| 2007 | 1.10 million current LCU per person | +8.3% |
| 2008 | 1.25 million current LCU per person | +14.1% |
| 2009 | 1.33 million current LCU per person | +6.3% |
| 2010 | 1.36 million current LCU per person | +2.1% |
| 2011 | 1.42 million current LCU per person | +4.8% |
| 2012 | 1.47 million current LCU per person | +3.2% |
| 2013 | 1.52 million current LCU per person | +3.7% |
| 2014 | 1.58 million current LCU per person | +3.8% |
| 2015 | 1.68 million current LCU per person | +6.4% |
| 2016 | 1.78 million current LCU per person | +5.4% |
| 2017 | 1.87 million current LCU per person | +5.3% |
| 2018 | 1.99 million current LCU per person | +6.4% |
| 2019 | 2.11 million current LCU per person | +6.0% |
| 2020 | 2.29 million current LCU per person | +8.5% |
| 2021 | 2.45 million current LCU per person | +7.3% |
| 2022 | 2.64 million current LCU per person | +7.5% |
| 2023 | 2.86 million current LCU per person | +8.2% |
| 2024 | 3.07 million current LCU per person | +7.5% |
| 2025 | 3.29 million current LCU per person | +7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,702 current LCU per person | 350.27 current LCU per person | 9,139 current LCU per person | 10 |
| 1980s | 117,908 current LCU per person | 14,059 current LCU per person | 287,986 current LCU per person | 10 |
| 1990s | 424,272 current LCU per person | 330,587 current LCU per person | 550,189 current LCU per person | 10 |
| 2000s | 928,935 current LCU per person | 605,231 current LCU per person | 1.33 million current LCU per person | 10 |
| 2010s | 1.68 million current LCU per person | 1.36 million current LCU per person | 2.11 million current LCU per person | 10 |
| 2020s | 2.77 million current LCU per person | 2.29 million current LCU per person | 3.29 million current LCU per person | 6 |
Countries ranked near Iceland
- 7 Paraguay 5.76 million current LCU per person compare
- 8 Colombia 5.37 million current LCU per person compare
- 9 Mongolia 3.68 million current LCU per person compare
- 11 Argentina 2.76 million current LCU per person compare
- 12 Guinea 2.71 million current LCU per person compare
- 13 Lao People's Democratic Republic 2.61 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)
- Total reserves minus gold (current US$), annual growth rate 19.51 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1932 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 18,994 current US$ per person (2025)
- General government final consumption expenditure (current US$) 16.88 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 25,628 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 8.82 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 33.48 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure (current lcu), per in Iceland?
- General government final consumption expenditure (current lcu), per in Iceland was 3.29 million current LCU per person in 2025, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current lcu), per recorded in Iceland?
- The highest recorded value was 3.29 million current LCU per person in 2025.
- What is the lowest general government final consumption expenditure (current lcu), per recorded in Iceland?
- The lowest recorded value was 350.27 current LCU per person in 1970.
- How does Iceland rank for general government final consumption expenditure (current lcu), per?
- Iceland ranks 10th out of 187 countries with data for 2025.
- Is general government final consumption expenditure (current lcu), per rising or falling in Iceland?
- Over the last ten years it is up 95.4%. 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 General government 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
General government 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.
General government final consumption expenditure (current LCU) ÷ Population, total
Computed from
- General government 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
General government 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.