Gross national expenditure (current US$), per square kilometre in Iceland

Iceland: Gross national expenditure (current US$), per square kilometre was 312,177 current US$ per square kilometre in 2023. ◆ Volatile

Latest (2023)
312,177 current US$ per square kilometre
Change on year
up 8.4%
World rank
111th
of 183 countries
All-time high
312,177 current US$ per square kilometre
in 2023
All-time low
5,376 current US$ per square kilometre
in 1970
Years of data
54
1970–2023

Gross national expenditure (current US$), per square kilometre in Iceland, 1970–2023

0100.0k200.0k300.0k197019962023

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

Analysis

The most recent figure for gross national expenditure (current us$), per square kilometre in Iceland is 312,177 current US$ per square kilometre, measured in 2023. That is the highest value across all 54 years on record.

Compared with earlier readings it is up 8.4% on the previous year and up 109.3% over ten years.

Over the whole period, gross national expenditure (current us$), per square kilometre in Iceland peaked at 312,177 current US$ per square kilometre in 2023 and was at its lowest, 5,376 current US$ per square kilometre, in 1970.

That places Iceland 111th out of 183 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross national expenditure (current US$), per square kilometre in Iceland, year by year

Annual values for Gross national expenditure (current US$), per square kilometre in Iceland, 1970 to 2023.
Year current US$ per square kilometre Change
1970 5,376 current US$ per square kilometre
1971 7,474 current US$ per square kilometre +39.0%
1972 8,929 current US$ per square kilometre +19.5%
1973 12,351 current US$ per square kilometre +38.3%
1974 17,494 current US$ per square kilometre +41.6%
1975 16,034 current US$ per square kilometre -8.3%
1976 17,396 current US$ per square kilometre +8.5%
1977 23,312 current US$ per square kilometre +34.0%
1978 25,402 current US$ per square kilometre +9.0%
1979 29,395 current US$ per square kilometre +15.7%
1980 35,312 current US$ per square kilometre +20.1%
1981 36,996 current US$ per square kilometre +4.8%
1982 35,061 current US$ per square kilometre -5.2%
1983 28,126 current US$ per square kilometre -19.8%
1984 29,827 current US$ per square kilometre +6.0%
1985 30,942 current US$ per square kilometre +3.7%
1986 39,788 current US$ per square kilometre +28.6%
1987 57,922 current US$ per square kilometre +45.6%
1988 63,992 current US$ per square kilometre +10.5%
1989 57,519 current US$ per square kilometre -10.1%
1990 66,228 current US$ per square kilometre +15.1%
1991 72,600 current US$ per square kilometre +9.6%
1992 73,443 current US$ per square kilometre +1.2%
1993 62,375 current US$ per square kilometre -15.1%
1994 62,741 current US$ per square kilometre +0.6%
1995 71,091 current US$ per square kilometre +13.3%
1996 76,309 current US$ per square kilometre +7.3%
1997 76,626 current US$ per square kilometre +0.4%
1998 89,849 current US$ per square kilometre +17.3%
1999 94,896 current US$ per square kilometre +5.6%
2000 97,367 current US$ per square kilometre +2.6%
2001 83,727 current US$ per square kilometre -14.0%
2002 92,442 current US$ per square kilometre +10.4%
2003 118,727 current US$ per square kilometre +28.4%
2004 147,030 current US$ per square kilometre +23.8%
2005 190,762 current US$ per square kilometre +29.7%
2006 205,413 current US$ per square kilometre +7.7%
2007 238,472 current US$ per square kilometre +16.1%
2008 185,788 current US$ per square kilometre -22.1%
2009 121,240 current US$ per square kilometre -34.7%
2010 125,258 current US$ per square kilometre +3.3%
2011 141,607 current US$ per square kilometre +13.1%
2012 140,216 current US$ per square kilometre -1.0%
2013 149,156 current US$ per square kilometre +6.4%
2014 168,296 current US$ per square kilometre +12.8%
2015 162,826 current US$ per square kilometre -3.3%
2016 195,131 current US$ per square kilometre +19.8%
2017 237,518 current US$ per square kilometre +21.7%
2018 253,974 current US$ per square kilometre +6.9%
2019 233,836 current US$ per square kilometre -7.9%
2020 219,358 current US$ per square kilometre -6.2%
2021 264,097 current US$ per square kilometre +20.4%
2022 288,104 current US$ per square kilometre +9.1%
2023 312,177 current US$ per square kilometre +8.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 16,316 current US$ per square kilometre 5,376 current US$ per square kilometre 29,395 current US$ per square kilometre 10
1980s 41,548 current US$ per square kilometre 28,126 current US$ per square kilometre 63,992 current US$ per square kilometre 10
1990s 74,616 current US$ per square kilometre 62,375 current US$ per square kilometre 94,896 current US$ per square kilometre 10
2000s 148,097 current US$ per square kilometre 83,727 current US$ per square kilometre 238,472 current US$ per square kilometre 10
2010s 180,782 current US$ per square kilometre 125,258 current US$ per square kilometre 253,974 current US$ per square kilometre 10
2020s 270,934 current US$ per square kilometre 219,358 current US$ per square kilometre 312,177 current US$ per square kilometre 4

Countries ranked near Iceland

  1. 108 Belarus 344,558 current US$ per square kilometre compare
  2. 109 Fiji 333,541 current US$ per square kilometre compare
  3. 110 Tunisia 329,054 current US$ per square kilometre compare
  4. 112 South Africa 310,555 current US$ per square kilometre compare
  5. 113 Gambia 305,729 current US$ per square kilometre compare
  6. 114 Oman 285,687 current US$ per square kilometre compare

See the full ranking of 226 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is gross national expenditure (current us$), per square kilometre in Iceland?
Gross national expenditure (current us$), per square kilometre in Iceland was 312,177 current US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross national expenditure (current us$), per square kilometre recorded in Iceland?
The highest recorded value was 312,177 current US$ per square kilometre in 2023.
What is the lowest gross national expenditure (current us$), per square kilometre recorded in Iceland?
The lowest recorded value was 5,376 current US$ per square kilometre in 1970.
How does Iceland rank for gross national expenditure (current us$), per square kilometre?
Iceland ranks 111th out of 183 countries with data for 2023.
Is gross national expenditure (current us$), per square kilometre rising or falling in Iceland?
Over the last ten years it is up 109.3%. 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 Gross national expenditure (current US$), per square kilometre. Statizoid updates them automatically from the source API.

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Gross national expenditure (current US$), per square kilometre in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-current-us-per-square-kilometre/iceland/

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How this figure is calculated

Gross national 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.

Gross national 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
Gross national 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
226 places, 10,214 data points, 1961–2023
Last refreshed

Gross national 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.