General government final consumption expenditure (current US$), per in Iceland
Iceland: General government final consumption expenditure (current US$), per was 25,628 current US$ per person in 2025. ◆ Volatile
General government final consumption expenditure (current US$), per in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
The most recent figure for general government final consumption expenditure (current us$), per in Iceland is 25,628 current US$ per person, measured in 2025. That is the highest value across all 56 years on record.
That represents a change of up 15.1% on the previous year and up 100.7% over ten years.
Over the whole period, general government final consumption expenditure (current us$), per in Iceland peaked at 25,628 current US$ per person in 2025 and was at its lowest, 398.03 current US$ per person, in 1970.
That places Iceland 2nd out of 187 countries with data for 2025, putting it 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 US$), per in Iceland, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1970 | 398.03 current US$ per person | — |
| 1971 | 519.23 current US$ per person | +30.4% |
| 1972 | 710.97 current US$ per person | +36.9% |
| 1973 | 932.21 current US$ per person | +31.1% |
| 1974 | 1,342 current US$ per person | +44.0% |
| 1975 | 1,259 current US$ per person | -6.2% |
| 1976 | 1,410 current US$ per person | +12.0% |
| 1977 | 1,865 current US$ per person | +32.3% |
| 1978 | 2,232 current US$ per person | +19.7% |
| 1979 | 2,592 current US$ per person | +16.1% |
| 1980 | 2,930 current US$ per person | +13.1% |
| 1981 | 3,047 current US$ per person | +4.0% |
| 1982 | 2,902 current US$ per person | -4.7% |
| 1983 | 2,481 current US$ per person | -14.5% |
| 1984 | 2,336 current US$ per person | -5.9% |
| 1985 | 2,545 current US$ per person | +8.9% |
| 1986 | 3,458 current US$ per person | +35.9% |
| 1987 | 4,944 current US$ per person | +43.0% |
| 1988 | 5,685 current US$ per person | +15.0% |
| 1989 | 5,049 current US$ per person | -11.2% |
| 1990 | 5,672 current US$ per person | +12.3% |
| 1991 | 6,183 current US$ per person | +9.0% |
| 1992 | 6,446 current US$ per person | +4.3% |
| 1993 | 5,736 current US$ per person | -11.0% |
| 1994 | 5,810 current US$ per person | +1.3% |
| 1995 | 6,589 current US$ per person | +13.4% |
| 1996 | 6,811 current US$ per person | +3.4% |
| 1997 | 6,347 current US$ per person | -6.8% |
| 1998 | 7,086 current US$ per person | +11.6% |
| 1999 | 7,606 current US$ per person | +7.3% |
| 2000 | 7,699 current US$ per person | +1.2% |
| 2001 | 6,943 current US$ per person | -9.8% |
| 2002 | 8,317 current US$ per person | +19.8% |
| 2003 | 10,404 current US$ per person | +25.1% |
| 2004 | 11,976 current US$ per person | +15.1% |
| 2005 | 14,443 current US$ per person | +20.6% |
| 2006 | 14,450 current US$ per person | +0.1% |
| 2007 | 17,141 current US$ per person | +18.6% |
| 2008 | 14,250 current US$ per person | -16.9% |
| 2009 | 10,770 current US$ per person | -24.4% |
| 2010 | 11,120 current US$ per person | +3.2% |
| 2011 | 12,286 current US$ per person | +10.5% |
| 2012 | 11,757 current US$ per person | -4.3% |
| 2013 | 12,478 current US$ per person | +6.1% |
| 2014 | 13,554 current US$ per person | +8.6% |
| 2015 | 12,767 current US$ per person | -5.8% |
| 2016 | 14,692 current US$ per person | +15.1% |
| 2017 | 17,499 current US$ per person | +19.1% |
| 2018 | 18,360 current US$ per person | +4.9% |
| 2019 | 17,192 current US$ per person | -6.4% |
| 2020 | 16,890 current US$ per person | -1.8% |
| 2021 | 19,329 current US$ per person | +14.4% |
| 2022 | 19,514 current US$ per person | +1.0% |
| 2023 | 20,708 current US$ per person | +6.1% |
| 2024 | 22,261 current US$ per person | +7.5% |
| 2025 | 25,628 current US$ per person | +15.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,326 current US$ per person | 398.03 current US$ per person | 2,592 current US$ per person | 10 |
| 1980s | 3,538 current US$ per person | 2,336 current US$ per person | 5,685 current US$ per person | 10 |
| 1990s | 6,429 current US$ per person | 5,672 current US$ per person | 7,606 current US$ per person | 10 |
| 2000s | 11,639 current US$ per person | 6,943 current US$ per person | 17,141 current US$ per person | 10 |
| 2010s | 14,170 current US$ per person | 11,120 current US$ per person | 18,360 current US$ per person | 10 |
| 2020s | 20,722 current US$ per person | 16,890 current US$ per person | 25,628 current US$ per person | 6 |
Countries ranked near Iceland
- 1 Luxembourg 29,226 current US$ per person compare
- 3 Greenland 24,400 current US$ per person compare
- 4 Norway 21,349 current US$ per person compare
- 5 Faroe Islands 20,666 current US$ 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 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)
- 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 us$), per in Iceland?
- General government final consumption expenditure (current us$), per in Iceland was 25,628 current US$ per person in 2025, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current us$), per recorded in Iceland?
- The highest recorded value was 25,628 current US$ per person in 2025.
- What is the lowest general government final consumption expenditure (current us$), per recorded in Iceland?
- The lowest recorded value was 398.03 current US$ per person in 1970.
- How does Iceland rank for general government final consumption expenditure (current us$), per?
- Iceland ranks 2nd out of 187 countries with data for 2025.
- Is general government final consumption expenditure (current us$), per rising or falling in Iceland?
- Over the last ten years it is up 100.7%. 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 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
General government final consumption expenditure (current US$) 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 US$) ÷ Population, total
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
General government final consumption expenditure (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.