General government final consumption expenditure (current LCU), per in Iceland

Iceland: General government final consumption expenditure (current LCU), per was 10.93 million current LCU per square kilometre in 2023. ◆ Volatile

Latest (2023)
10.93 million current LCU per square kilometre
Change on year
up 9.2%
World rank
52nd
of 184 countries
All-time high
10.93 million current LCU per square kilometre
in 2023
All-time low
714.29 current LCU per square kilometre
in 1970
Years of data
54
1970–2023

General government final consumption expenditure (current LCU), per in Iceland, 1970–2023

02.5M5.0M7.5M10.0M197019962023

Source: Statizoid (derived). Measured in current LCU per square kilometre.

Analysis

The most recent figure for general government final consumption expenditure (current lcu), per in Iceland is 10.93 million current LCU per square kilometre, measured in 2023. That is the highest value across all 54 years on record.

The figure is up 9.2% on the previous year and up 121.9% over ten years.

Over the whole period, general government final consumption expenditure (current lcu), per in Iceland peaked at 10.93 million current LCU per square kilometre in 2023 and was at its lowest, 714.29 current LCU per square kilometre, in 1970.

Iceland ranks 52nd of 184 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.

General government final consumption expenditure (current LCU), per in Iceland, year by year

Annual values for General government final consumption expenditure (current LCU), per square kilometre in Iceland, 1970 to 2023.
Year current LCU per square kilometre Change
1970 714.29 current LCU per square kilometre
1971 939.36 current LCU per square kilometre +31.5%
1972 1,309 current LCU per square kilometre +39.4%
1973 1,779 current LCU per square kilometre +35.9%
1974 2,880 current LCU per square kilometre +61.9%
1975 4,209 current LCU per square kilometre +46.1%
1976 5,641 current LCU per square kilometre +34.0%
1977 8,206 current LCU per square kilometre +45.5%
1978 13,490 current LCU per square kilometre +64.4%
1979 20,579 current LCU per square kilometre +52.5%
1980 31,995 current LCU per square kilometre +55.5%
1981 50,660 current LCU per square kilometre +58.3%
1982 83,625 current LCU per square kilometre +65.1%
1983 145,708 current LCU per square kilometre +74.2%
1984 176,876 current LCU per square kilometre +21.4%
1985 254,336 current LCU per square kilometre +43.8%
1986 344,758 current LCU per square kilometre +35.6%
1987 468,933 current LCU per square kilometre +36.0%
1988 609,211 current LCU per square kilometre +29.9%
1989 726,362 current LCU per square kilometre +19.2%
1990 840,320 current LCU per square kilometre +15.7%
1991 938,010 current LCU per square kilometre +11.6%
1992 965,979 current LCU per square kilometre +3.0%
1993 1.02 million current LCU per square kilometre +5.6%
1994 1.08 million current LCU per square kilometre +5.7%
1995 1.14 million current LCU per square kilometre +5.5%
1996 1.22 million current LCU per square kilometre +6.8%
1997 1.22 million current LCU per square kilometre +0.2%
1998 1.37 million current LCU per square kilometre +12.9%
1999 1.52 million current LCU per square kilometre +10.8%
2000 1.70 million current LCU per square kilometre +11.5%
2001 1.92 million current LCU per square kilometre +13.3%
2002 2.19 million current LCU per square kilometre +13.7%
2003 2.30 million current LCU per square kilometre +5.4%
2004 2.45 million current LCU per square kilometre +6.3%
2005 2.69 million current LCU per square kilometre +9.9%
2006 3.07 million current LCU per square kilometre +14.1%
2007 3.41 million current LCU per square kilometre +11.0%
2008 3.97 million current LCU per square kilometre +16.3%
2009 4.23 million current LCU per square kilometre +6.6%
2010 4.31 million current LCU per square kilometre +1.9%
2011 4.53 million current LCU per square kilometre +5.1%
2012 4.70 million current LCU per square kilometre +3.8%
2013 4.92 million current LCU per square kilometre +4.7%
2014 5.17 million current LCU per square kilometre +5.0%
2015 5.56 million current LCU per square kilometre +7.5%
2016 5.94 million current LCU per square kilometre +6.9%
2017 6.40 million current LCU per square kilometre +7.8%
2018 6.96 million current LCU per square kilometre +8.6%
2019 7.54 million current LCU per square kilometre +8.4%
2020 8.31 million current LCU per square kilometre +10.3%
2021 9.07 million current LCU per square kilometre +9.1%
2022 10.00 million current LCU per square kilometre +10.3%
2023 10.93 million current LCU per square kilometre +9.2%

Iceland compared with similar countries

  • Iceland's 10.93 million current LCU per square kilometre is above the median for high income countries, which is 2.11 million current LCU per square kilometre, 5.2× the median. (67 countries reporting)
  • Iceland's 10.93 million current LCU per square kilometre is above the median for Europe & Central Asia, which is 1.30 million current LCU per square kilometre, 8.4× the median. (51 countries reporting)

Biggest year-on-year movements

Years where General government final consumption expenditure (current LCU), per 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.

YearChange FromTo
1983 +74.2% 83,625 current LCU per square kilometre 145,708 current LCU per square kilometre

Averages by decade

DecadeAverage LowestHighest Years
1970s 5,975 current LCU per square kilometre 714.29 current LCU per square kilometre 20,579 current LCU per square kilometre 10
1980s 289,246 current LCU per square kilometre 31,995 current LCU per square kilometre 726,362 current LCU per square kilometre 10
1990s 1.13 million current LCU per square kilometre 840,320 current LCU per square kilometre 1.52 million current LCU per square kilometre 10
2000s 2.79 million current LCU per square kilometre 1.70 million current LCU per square kilometre 4.23 million current LCU per square kilometre 10
2010s 5.60 million current LCU per square kilometre 4.31 million current LCU per square kilometre 7.54 million current LCU per square kilometre 10
2020s 9.58 million current LCU per square kilometre 8.31 million current LCU per square kilometre 10.93 million current LCU per square kilometre 4

Countries ranked near Iceland

  1. 49 Philippines 11.60 million current LCU per square kilometre compare
  2. 50 Argentina 11.46 million current LCU per square kilometre compare
  3. 51 Pakistan 11.22 million current LCU per square kilometre compare
  4. 53 Malta 10.72 million current LCU per square kilometre compare
  5. 54 Angola 10.52 million current LCU per square kilometre compare
  6. 55 Albania 10.46 million current LCU per square kilometre compare

See the full ranking of 184 places →

More economy & growth data for Iceland

All data for Iceland →

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 10.93 million current LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest general government final consumption expenditure (current lcu), per recorded in Iceland?
The highest recorded value was 10.93 million current LCU per square kilometre in 2023.
What is the lowest general government final consumption expenditure (current lcu), per recorded in Iceland?
The lowest recorded value was 714.29 current LCU per square kilometre in 1970.
How does Iceland rank for general government final consumption expenditure (current lcu), per?
Iceland ranks 52nd out of 184 countries with data for 2023.
Is general government final consumption expenditure (current lcu), per rising or falling in Iceland?
Over the last ten years it is up 121.9%. 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 General government final consumption expenditure (current LCU), per square kilometre. Statizoid updates them automatically from the source API.

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General government final consumption expenditure (current LCU), per in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/general-government-final-consumption-expenditure-current-lcu-per-square-kilometre/iceland/

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How this figure is calculated

General government 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.

General government final consumption expenditure (current LCU) ÷ Land area (sq. km)

Computed from

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

Indicator
General government final consumption expenditure (current LCU), per square kilometre
Unit
current LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 8,172 data points, 1961–2023
Last refreshed

General government 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.