General government final consumption expenditure (current LCU), per in Iceland
Iceland: General government final consumption expenditure (current LCU), per was 33.48 current LCU per US$ of GDP in 2025. ◆ Volatile
General government final consumption expenditure (current LCU), per in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for general government final consumption expenditure (current lcu), per in Iceland is 33.48 current LCU per US$ of GDP, measured in 2025.
The figure is down 6.4% on the previous year and up 6.4% over ten years.
Over the whole period, general government final consumption expenditure (current lcu), per in Iceland peaked at 38.04 current LCU per US$ of GDP in 2020 and was at its lowest, 0.1314 current LCU per US$ of GDP, in 1970.
Iceland ranks 49th of 187 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
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.1314 current LCU per US$ of GDP | — |
| 1971 | 0.1358 current LCU per US$ of GDP | +3.3% |
| 1972 | 0.151 current LCU per US$ of GDP | +11.2% |
| 1973 | 0.1493 current LCU per US$ of GDP | -1.1% |
| 1974 | 0.1841 current LCU per US$ of GDP | +23.3% |
| 1975 | 0.2898 current LCU per US$ of GDP | +57.4% |
| 1976 | 0.3273 current LCU per US$ of GDP | +13.0% |
| 1977 | 0.3599 current LCU per US$ of GDP | +10.0% |
| 1978 | 0.5202 current LCU per US$ of GDP | +44.5% |
| 1979 | 0.6986 current LCU per US$ of GDP | +34.3% |
| 1980 | 0.9165 current LCU per US$ of GDP | +31.2% |
| 1981 | 1.4 current LCU per US$ of GDP | +53.3% |
| 1982 | 2.53 current LCU per US$ of GDP | +79.8% |
| 1983 | 5.1 current LCU per US$ of GDP | +102.0% |
| 1984 | 5.98 current LCU per US$ of GDP | +17.2% |
| 1985 | 8.26 current LCU per US$ of GDP | +38.0% |
| 1986 | 8.37 current LCU per US$ of GDP | +1.4% |
| 1987 | 8.23 current LCU per US$ of GDP | -1.7% |
| 1988 | 9.66 current LCU per US$ of GDP | +17.4% |
| 1989 | 12.4 current LCU per US$ of GDP | +28.4% |
| 1990 | 12.58 current LCU per US$ of GDP | +1.4% |
| 1991 | 13.15 current LCU per US$ of GDP | +4.5% |
| 1992 | 13.21 current LCU per US$ of GDP | +0.5% |
| 1993 | 15.89 current LCU per US$ of GDP | +20.2% |
| 1994 | 16.35 current LCU per US$ of GDP | +2.9% |
| 1995 | 15.46 current LCU per US$ of GDP | -5.4% |
| 1996 | 15.85 current LCU per US$ of GDP | +2.5% |
| 1997 | 15.81 current LCU per US$ of GDP | -0.2% |
| 1998 | 15.95 current LCU per US$ of GDP | +0.9% |
| 1999 | 16.76 current LCU per US$ of GDP | +5.0% |
| 2000 | 18.62 current LCU per US$ of GDP | +11.1% |
| 2001 | 23.16 current LCU per US$ of GDP | +24.4% |
| 2002 | 23.28 current LCU per US$ of GDP | +0.5% |
| 2003 | 19.98 current LCU per US$ of GDP | -14.2% |
| 2004 | 17.58 current LCU per US$ of GDP | -12.0% |
| 2005 | 15.74 current LCU per US$ of GDP | -10.5% |
| 2006 | 17.43 current LCU per US$ of GDP | +10.7% |
| 2007 | 15.58 current LCU per US$ of GDP | -10.6% |
| 2008 | 21.8 current LCU per US$ of GDP | +39.9% |
| 2009 | 32.1 current LCU per US$ of GDP | +47.2% |
| 2010 | 31.05 current LCU per US$ of GDP | -3.3% |
| 2011 | 29.52 current LCU per US$ of GDP | -4.9% |
| 2012 | 31.56 current LCU per US$ of GDP | +6.9% |
| 2013 | 30.39 current LCU per US$ of GDP | -3.7% |
| 2014 | 28.7 current LCU per US$ of GDP | -5.5% |
| 2015 | 31.48 current LCU per US$ of GDP | +9.7% |
| 2016 | 28.24 current LCU per US$ of GDP | -10.3% |
| 2017 | 25.62 current LCU per US$ of GDP | -9.3% |
| 2018 | 26.29 current LCU per US$ of GDP | +2.6% |
| 2019 | 30.42 current LCU per US$ of GDP | +15.7% |
| 2020 | 38.04 current LCU per US$ of GDP | +25.1% |
| 2021 | 34.85 current LCU per US$ of GDP | -8.4% |
| 2022 | 34.56 current LCU per US$ of GDP | -0.8% |
| 2023 | 34.75 current LCU per US$ of GDP | +0.5% |
| 2024 | 35.77 current LCU per US$ of GDP | +2.9% |
| 2025 | 33.48 current LCU per US$ of GDP | -6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2947 current LCU per US$ of GDP | 0.1314 current LCU per US$ of GDP | 0.6986 current LCU per US$ of GDP | 10 |
| 1980s | 6.29 current LCU per US$ of GDP | 0.9165 current LCU per US$ of GDP | 12.4 current LCU per US$ of GDP | 10 |
| 1990s | 15.1 current LCU per US$ of GDP | 12.58 current LCU per US$ of GDP | 16.76 current LCU per US$ of GDP | 10 |
| 2000s | 20.53 current LCU per US$ of GDP | 15.58 current LCU per US$ of GDP | 32.1 current LCU per US$ of GDP | 10 |
| 2010s | 29.33 current LCU per US$ of GDP | 25.62 current LCU per US$ of GDP | 31.56 current LCU per US$ of GDP | 10 |
| 2020s | 35.24 current LCU per US$ of GDP | 33.48 current LCU per US$ of GDP | 38.04 current LCU per US$ of GDP | 6 |
Countries ranked near Iceland
- 46 Armenia 39.45 current LCU per US$ of GDP compare
- 47 Comoros 39.31 current LCU per US$ of GDP compare
- 48 French Polynesia 35.31 current LCU per US$ of GDP compare
- 50 Japan 30.49 current LCU per US$ of GDP compare
- 51 Djibouti 26.71 current LCU per US$ of GDP compare
- 52 Pakistan 26.04 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)
- 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 3.29 million current LCU per person (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 33.48 current LCU per US$ of GDP 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 38.04 current LCU per US$ of GDP in 2020.
- What is the lowest general government final consumption expenditure (current lcu), per recorded in Iceland?
- The lowest recorded value was 0.1314 current LCU per US$ of GDP in 1970.
- How does Iceland rank for general government final consumption expenditure (current lcu), per?
- Iceland ranks 49th 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 6.4%. 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 unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
General government final consumption expenditure (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (current LCU) ÷ GDP (current US$)
Computed from
- General government 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
General government 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.