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

Iceland: General government final consumption expenditure (current US$), per was 79,206 current US$ per square kilometre in 2023. ◆ Volatile

Latest (2023)
79,206 current US$ per square kilometre
Change on year
up 7.1%
World rank
94th
of 184 countries
All-time high
79,206 current US$ per square kilometre
in 2023
All-time low
811.7 current US$ per square kilometre
in 1970
Years of data
54
1970–2023

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

020.0k40.0k60.0k80.0k197019962023

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

Analysis

The most recent figure for general government final consumption expenditure (current us$), per in Iceland is 79,206 current US$ per square kilometre, measured in 2023. That is the highest value across all 54 years on record.

That represents a change of up 7.1% on the previous year and up 96.5% over ten years.

Over the whole period, general government final consumption expenditure (current us$), per in Iceland peaked at 79,206 current US$ per square kilometre in 2023 and was at its lowest, 811.7 current US$ per square kilometre, in 1970.

Iceland ranks 94th 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 US$), per in Iceland, year by year

Annual values for General government final consumption expenditure (current US$), per square kilometre in Iceland, 1970 to 2023.
Year current US$ per square kilometre Change
1970 811.7 current US$ per square kilometre
1971 1,067 current US$ per square kilometre +31.5%
1972 1,483 current US$ per square kilometre +38.9%
1973 1,974 current US$ per square kilometre +33.1%
1974 2,882 current US$ per square kilometre +46.0%
1975 2,738 current US$ per square kilometre -5.0%
1976 3,097 current US$ per square kilometre +13.1%
1977 4,126 current US$ per square kilometre +33.3%
1978 4,976 current US$ per square kilometre +20.6%
1979 5,836 current US$ per square kilometre +17.3%
1980 6,669 current US$ per square kilometre +14.3%
1981 7,013 current US$ per square kilometre +5.2%
1982 6,770 current US$ per square kilometre -3.5%
1983 5,865 current US$ per square kilometre -13.4%
1984 5,581 current US$ per square kilometre -4.8%
1985 6,127 current US$ per square kilometre +9.8%
1986 8,387 current US$ per square kilometre +36.9%
1987 12,124 current US$ per square kilometre +44.6%
1988 14,163 current US$ per square kilometre +16.8%
1989 12,734 current US$ per square kilometre -10.1%
1990 14,418 current US$ per square kilometre +13.2%
1991 15,900 current US$ per square kilometre +10.3%
1992 16,786 current US$ per square kilometre +5.6%
1993 15,089 current US$ per square kilometre -10.1%
1994 15,417 current US$ per square kilometre +2.2%
1995 17,580 current US$ per square kilometre +14.0%
1996 18,271 current US$ per square kilometre +3.9%
1997 17,166 current US$ per square kilometre -6.1%
1998 19,371 current US$ per square kilometre +12.8%
1999 21,045 current US$ per square kilometre +8.6%
2000 21,595 current US$ per square kilometre +2.6%
2001 19,737 current US$ per square kilometre -8.6%
2002 23,855 current US$ per square kilometre +20.9%
2003 30,048 current US$ per square kilometre +26.0%
2004 34,893 current US$ per square kilometre +16.1%
2005 42,750 current US$ per square kilometre +22.5%
2006 43,788 current US$ per square kilometre +2.4%
2007 53,272 current US$ per square kilometre +21.7%
2008 45,118 current US$ per square kilometre -15.3%
2009 34,217 current US$ per square kilometre -24.2%
2010 35,276 current US$ per square kilometre +3.1%
2011 39,096 current US$ per square kilometre +10.8%
2012 37,614 current US$ per square kilometre -3.8%
2013 40,298 current US$ per square kilometre +7.1%
2014 44,262 current US$ per square kilometre +9.8%
2015 42,129 current US$ per square kilometre -4.8%
2016 49,161 current US$ per square kilometre +16.7%
2017 59,941 current US$ per square kilometre +21.9%
2018 64,225 current US$ per square kilometre +7.1%
2019 61,476 current US$ per square kilometre -4.3%
2020 61,386 current US$ per square kilometre -0.1%
2021 71,413 current US$ per square kilometre +16.3%
2022 73,930 current US$ per square kilometre +3.5%
2023 79,206 current US$ per square kilometre +7.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 2,899 current US$ per square kilometre 811.7 current US$ per square kilometre 5,836 current US$ per square kilometre 10
1980s 8,543 current US$ per square kilometre 5,581 current US$ per square kilometre 14,163 current US$ per square kilometre 10
1990s 17,104 current US$ per square kilometre 14,418 current US$ per square kilometre 21,045 current US$ per square kilometre 10
2000s 34,927 current US$ per square kilometre 19,737 current US$ per square kilometre 53,272 current US$ per square kilometre 10
2010s 47,348 current US$ per square kilometre 35,276 current US$ per square kilometre 64,225 current US$ per square kilometre 10
2020s 71,484 current US$ per square kilometre 61,386 current US$ per square kilometre 79,206 current US$ per square kilometre 4

Countries ranked near Iceland

  1. 91 Sri Lanka 91,721 current US$ per square kilometre compare
  2. 92 Republic of Moldova 90,996 current US$ per square kilometre compare
  3. 93 Sao Tome and Principe 81,031 current US$ per square kilometre compare
  4. 95 Uruguay 78,075 current US$ per square kilometre compare
  5. 96 Timor-Leste 74,017 current US$ per square kilometre compare
  6. 97 Comoros 73,281 current US$ per square kilometre compare

See the full ranking of 227 places →

More economy & growth data for Iceland

All data for Iceland →

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 79,206 current US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest general government final consumption expenditure (current us$), per recorded in Iceland?
The highest recorded value was 79,206 current US$ per square kilometre in 2023.
What is the lowest general government final consumption expenditure (current us$), per recorded in Iceland?
The lowest recorded value was 811.7 current US$ per square kilometre in 1970.
How does Iceland rank for general government final consumption expenditure (current us$), per?
Iceland ranks 94th out of 184 countries with data for 2023.
Is general government final consumption expenditure (current us$), per rising or falling in Iceland?
Over the last ten years it is up 96.5%. 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 square kilometre. Statizoid updates them automatically from the source API.

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General government final consumption expenditure (current US$), per in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/stat/general-government-final-consumption-expenditure-current-us-per-square-kilometre/iceland/

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How this figure is calculated

General government final consumption expenditure (current US$) 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 US$) ÷ 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 US$), per square kilometre
Unit
current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 10,408 data points, 1961–2023
Last refreshed

General government final consumption expenditure (current US$) 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.