General government final consumption expenditure (current US$), per in Iceland
Iceland: General government final consumption expenditure (current US$), per was 0.2606 current US$ per US$ of GDP in 2025. ▲ Rising
General government final consumption expenditure (current US$), per in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for general government final consumption expenditure (current us$), per in Iceland is 0.2606 current US$ per US$ of GDP, measured in 2025.
The figure is up 0.5% on the previous year and up 9.2% over ten years.
Over the whole period, general government final consumption expenditure (current us$), per in Iceland peaked at 0.2809 current US$ per US$ of GDP in 2020 and was at its lowest, 0.1493 current US$ per US$ of GDP, in 1970.
Iceland ranks 20th of 187 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 56 years of available data.
General government final consumption expenditure (current US$), per in Iceland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.1493 current US$ per US$ of GDP | — |
| 1971 | 0.1543 current US$ per US$ of GDP | +3.3% |
| 1972 | 0.1711 current US$ per US$ of GDP | +10.9% |
| 1973 | 0.1657 current US$ per US$ of GDP | -3.2% |
| 1974 | 0.1842 current US$ per US$ of GDP | +11.2% |
| 1975 | 0.1885 current US$ per US$ of GDP | +2.3% |
| 1976 | 0.1797 current US$ per US$ of GDP | -4.7% |
| 1977 | 0.181 current US$ per US$ of GDP | +0.7% |
| 1978 | 0.1919 current US$ per US$ of GDP | +6.0% |
| 1979 | 0.1981 current US$ per US$ of GDP | +3.3% |
| 1980 | 0.191 current US$ per US$ of GDP | -3.6% |
| 1981 | 0.1945 current US$ per US$ of GDP | +1.8% |
| 1982 | 0.2045 current US$ per US$ of GDP | +5.2% |
| 1983 | 0.2054 current US$ per US$ of GDP | +0.4% |
| 1984 | 0.1887 current US$ per US$ of GDP | -8.1% |
| 1985 | 0.1989 current US$ per US$ of GDP | +5.4% |
| 1986 | 0.2036 current US$ per US$ of GDP | +2.4% |
| 1987 | 0.2127 current US$ per US$ of GDP | +4.5% |
| 1988 | 0.2247 current US$ per US$ of GDP | +5.6% |
| 1989 | 0.2174 current US$ per US$ of GDP | -3.2% |
| 1990 | 0.2159 current US$ per US$ of GDP | -0.7% |
| 1991 | 0.2229 current US$ per US$ of GDP | +3.2% |
| 1992 | 0.2296 current US$ per US$ of GDP | +3.0% |
| 1993 | 0.235 current US$ per US$ of GDP | +2.4% |
| 1994 | 0.2337 current US$ per US$ of GDP | -0.6% |
| 1995 | 0.239 current US$ per US$ of GDP | +2.3% |
| 1996 | 0.2383 current US$ per US$ of GDP | -0.3% |
| 1997 | 0.223 current US$ per US$ of GDP | -6.4% |
| 1998 | 0.2248 current US$ per US$ of GDP | +0.8% |
| 1999 | 0.2317 current US$ per US$ of GDP | +3.0% |
| 2000 | 0.2369 current US$ per US$ of GDP | +2.2% |
| 2001 | 0.2377 current US$ per US$ of GDP | +0.4% |
| 2002 | 0.254 current US$ per US$ of GDP | +6.8% |
| 2003 | 0.2605 current US$ per US$ of GDP | +2.6% |
| 2004 | 0.2505 current US$ per US$ of GDP | -3.8% |
| 2005 | 0.2499 current US$ per US$ of GDP | -0.2% |
| 2006 | 0.2484 current US$ per US$ of GDP | -0.6% |
| 2007 | 0.2432 current US$ per US$ of GDP | -2.1% |
| 2008 | 0.2479 current US$ per US$ of GDP | +1.9% |
| 2009 | 0.2596 current US$ per US$ of GDP | +4.7% |
| 2010 | 0.254 current US$ per US$ of GDP | -2.2% |
| 2011 | 0.2546 current US$ per US$ of GDP | +0.2% |
| 2012 | 0.2523 current US$ per US$ of GDP | -0.9% |
| 2013 | 0.2487 current US$ per US$ of GDP | -1.4% |
| 2014 | 0.2458 current US$ per US$ of GDP | -1.2% |
| 2015 | 0.2386 current US$ per US$ of GDP | -2.9% |
| 2016 | 0.2338 current US$ per US$ of GDP | -2.0% |
| 2017 | 0.2398 current US$ per US$ of GDP | +2.6% |
| 2018 | 0.2427 current US$ per US$ of GDP | +1.2% |
| 2019 | 0.2481 current US$ per US$ of GDP | +2.2% |
| 2020 | 0.2809 current US$ per US$ of GDP | +13.2% |
| 2021 | 0.2745 current US$ per US$ of GDP | -2.3% |
| 2022 | 0.2555 current US$ per US$ of GDP | -6.9% |
| 2023 | 0.2519 current US$ per US$ of GDP | -1.4% |
| 2024 | 0.2593 current US$ per US$ of GDP | +2.9% |
| 2025 | 0.2606 current US$ per US$ of GDP | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1764 current US$ per US$ of GDP | 0.1493 current US$ per US$ of GDP | 0.1981 current US$ per US$ of GDP | 10 |
| 1980s | 0.2042 current US$ per US$ of GDP | 0.1887 current US$ per US$ of GDP | 0.2247 current US$ per US$ of GDP | 10 |
| 1990s | 0.2294 current US$ per US$ of GDP | 0.2159 current US$ per US$ of GDP | 0.239 current US$ per US$ of GDP | 10 |
| 2000s | 0.2489 current US$ per US$ of GDP | 0.2369 current US$ per US$ of GDP | 0.2605 current US$ per US$ of GDP | 10 |
| 2010s | 0.2458 current US$ per US$ of GDP | 0.2338 current US$ per US$ of GDP | 0.2546 current US$ per US$ of GDP | 10 |
| 2020s | 0.2638 current US$ per US$ of GDP | 0.2519 current US$ per US$ of GDP | 0.2809 current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 17 Sweden 0.2643 current US$ per US$ of GDP compare
- 18 Solomon Islands 0.2619 current US$ per US$ of GDP compare
- 19 Finland 0.2607 current US$ per US$ of GDP compare
- 21 Netherlands 0.2587 current US$ per US$ of GDP compare
- 22 Kuwait 0.2579 current US$ per US$ of GDP compare
- 23 Seychelles 0.2507 current US$ 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 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)
- 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 0.2606 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current us$), per recorded in Iceland?
- The highest recorded value was 0.2809 current US$ per US$ of GDP in 2020.
- What is the lowest general government final consumption expenditure (current us$), per recorded in Iceland?
- The lowest recorded value was 0.1493 current US$ per US$ of GDP in 1970.
- How does Iceland rank for general government final consumption expenditure (current us$), per?
- Iceland ranks 20th out of 187 countries with data for 2025.
- Is general government final consumption expenditure (current us$), per rising or falling in Iceland?
- Over the last ten years it is up 9.2%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of General government final consumption expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
General government final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (current US$) ÷ GDP (current US$)
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
General government final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.