Gross national expenditure (constant LCU), per capita in Iceland
Iceland: Gross national expenditure (constant LCU), per capita was 9.58 million constant LCU per person in 2025. ▲ Rising
Latest (2025)
9.58 million constant LCU per person
Change on year
up 2.3%
World rank
12th
of 169 countries
All-time high
9.87 million constant LCU per person
in 2006
All-time low
2.98 million constant LCU per person
in 1970
Years of data
56
1970–2025
Gross national expenditure (constant LCU), per capita in Iceland, 1970–2025
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
Iceland recorded 9.58 million constant LCU per person for gross national expenditure (constant lcu), per capita in 2025.
The figure is up 2.3% on the previous year and up 23.3% over ten years.
Over the whole period, gross national expenditure (constant lcu), per capita in Iceland peaked at 9.87 million constant LCU per person in 2006 and was at its lowest, 2.98 million constant LCU per person, in 1970.
That places Iceland 12th out of 169 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 56 years of available data.
Gross national expenditure (constant LCU), per capita in Iceland, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 1970 | 2.98 million constant LCU per person | — |
| 1971 | 3.78 million constant LCU per person | +26.7% |
| 1972 | 3.69 million constant LCU per person | -2.4% |
| 1973 | 4.08 million constant LCU per person | +10.5% |
| 1974 | 4.57 million constant LCU per person | +12.0% |
| 1975 | 4.25 million constant LCU per person | -6.9% |
| 1976 | 4.09 million constant LCU per person | -3.7% |
| 1977 | 4.66 million constant LCU per person | +13.9% |
| 1978 | 4.75 million constant LCU per person | +1.9% |
| 1979 | 4.86 million constant LCU per person | +2.4% |
| 1980 | 5.09 million constant LCU per person | +4.5% |
| 1981 | 5.36 million constant LCU per person | +5.3% |
| 1982 | 5.63 million constant LCU per person | +5.2% |
| 1983 | 4.87 million constant LCU per person | -13.6% |
| 1984 | 5.26 million constant LCU per person | +8.1% |
| 1985 | 5.28 million constant LCU per person | +0.3% |
| 1986 | 5.44 million constant LCU per person | +3.0% |
| 1987 | 6.27 million constant LCU per person | +15.4% |
| 1988 | 6.23 million constant LCU per person | -0.6% |
| 1989 | 5.83 million constant LCU per person | -6.4% |
| 1990 | 5.98 million constant LCU per person | +2.6% |
| 1991 | 6.18 million constant LCU per person | +3.3% |
| 1992 | 5.80 million constant LCU per person | -6.1% |
| 1993 | 5.57 million constant LCU per person | -4.0% |
| 1994 | 5.58 million constant LCU per person | +0.1% |
| 1995 | 5.69 million constant LCU per person | +2.1% |
| 1996 | 6.02 million constant LCU per person | +5.7% |
| 1997 | 6.26 million constant LCU per person | +3.9% |
| 1998 | 7.05 million constant LCU per person | +12.7% |
| 1999 | 7.24 million constant LCU per person | +2.8% |
| 2000 | 7.58 million constant LCU per person | +4.7% |
| 2001 | 7.33 million constant LCU per person | -3.3% |
| 2002 | 7.14 million constant LCU per person | -2.6% |
| 2003 | 7.48 million constant LCU per person | +4.8% |
| 2004 | 8.15 million constant LCU per person | +8.9% |
| 2005 | 9.17 million constant LCU per person | +12.6% |
| 2006 | 9.87 million constant LCU per person | +7.6% |
| 2007 | 9.67 million constant LCU per person | -2.0% |
| 2008 | 8.81 million constant LCU per person | -8.9% |
| 2009 | 7.09 million constant LCU per person | -19.5% |
| 2010 | 6.98 million constant LCU per person | -1.6% |
| 2011 | 7.16 million constant LCU per person | +2.6% |
| 2012 | 7.23 million constant LCU per person | +1.0% |
| 2013 | 7.18 million constant LCU per person | -0.7% |
| 2014 | 7.43 million constant LCU per person | +3.5% |
| 2015 | 7.77 million constant LCU per person | +4.5% |
| 2016 | 8.19 million constant LCU per person | +5.4% |
| 2017 | 8.53 million constant LCU per person | +4.2% |
| 2018 | 8.65 million constant LCU per person | +1.4% |
| 2019 | 8.40 million constant LCU per person | -2.9% |
| 2020 | 8.17 million constant LCU per person | -2.6% |
| 2021 | 8.68 million constant LCU per person | +6.2% |
| 2022 | 9.12 million constant LCU per person | +5.1% |
| 2023 | 9.24 million constant LCU per person | +1.3% |
| 2024 | 9.36 million constant LCU per person | +1.3% |
| 2025 | 9.58 million constant LCU per person | +2.3% |
Iceland compared with similar countries
- Iceland's 9.58 million constant LCU per person is above the median for high income countries, which is 44,659 constant LCU per person, 214.5× the median. (58 countries reporting)
- Iceland's 9.58 million constant LCU per person is above the median for Europe & Central Asia, which is 42,246 constant LCU per person, 226.7× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.17 million constant LCU per person | 2.98 million constant LCU per person | 4.86 million constant LCU per person | 10 |
| 1980s | 5.52 million constant LCU per person | 4.87 million constant LCU per person | 6.27 million constant LCU per person | 10 |
| 1990s | 6.14 million constant LCU per person | 5.57 million constant LCU per person | 7.24 million constant LCU per person | 10 |
| 2000s | 8.23 million constant LCU per person | 7.09 million constant LCU per person | 9.87 million constant LCU per person | 10 |
| 2010s | 7.75 million constant LCU per person | 6.98 million constant LCU per person | 8.65 million constant LCU per person | 10 |
| 2020s | 9.02 million constant LCU per person | 8.17 million constant LCU per person | 9.58 million constant LCU per person | 6 |
Countries ranked near Iceland
- 9 Mongolia 12.87 million constant LCU per person compare
- 10 Chile 11.11 million constant LCU per person compare
- 11 Costa Rica 9.67 million constant LCU per person compare
- 13 Cambodia 9.11 million constant LCU per person compare
- 14 Lebanon 8.85 million constant LCU per person compare
- 15 Guinea 8.03 million constant LCU 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure (constant lcu), per capita in Iceland?
- Gross national expenditure (constant lcu), per capita in Iceland was 9.58 million constant LCU per person in 2025, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), per capita recorded in Iceland?
- The highest recorded value was 9.87 million constant LCU per person in 2006.
- What is the lowest gross national expenditure (constant lcu), per capita recorded in Iceland?
- The lowest recorded value was 2.98 million constant LCU per person in 1970.
- How does Iceland rank for gross national expenditure (constant lcu), per capita?
- Iceland ranks 12th out of 169 countries with data for 2025.
- Is gross national expenditure (constant lcu), per capita rising or falling in Iceland?
- Over the last ten years it is up 23.3%. 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 Gross national expenditure (constant LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross national expenditure (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant LCU) ÷ Population, total
Computed from
- Gross national 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
Gross national expenditure (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.