How does Iceland rank for gross national expenditure (current us$), per unit of gdp?

Iceland ranks 91st out of 186 countries with data for 2025.

Is gross national expenditure (current us$), per unit of gdp rising or falling in Iceland?

Over the last ten years it is up 10.9%. The long-run trend across the full record is falling.

Gross national expenditure (current US$), per unit of GDP (unit GDP) in Iceland

Name: Gross national expenditure (current US$), per unit of GDP (unit GDP) in Iceland
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Iceland: Gross national expenditure (current US$), per unit of GDP (unit GDP) was 1.02 current US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)

1.02 current US$ per US$ of GDP

Change on year

up 1.0%

World rank

91st

of 186 countries

All-time high

1.17 current US$ per US$ of GDP

in 2006

All-time low

0.9019 current US$ per US$ of GDP

in 2010

Years of data

1970–2025

Gross national expenditure (current US$), per unit of GDP in Iceland, 1970–2025

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

In 2025, gross national expenditure (current us$), per unit of gdp in Iceland stood at 1.02 current US$ per US$ of GDP.

Compared with earlier readings it is up 1.0% on the previous year and up 10.9% over ten years.

Over the whole period, gross national expenditure (current us$), per unit of gdp in Iceland peaked at 1.17 current US$ per US$ of GDP in 2006 and was at its lowest, 0.9019 current US$ per US$ of GDP, in 2010.

Iceland ranks 91st of 186 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 56 years of available data.

Gross national expenditure (current US$), per unit of GDP (unit GDP) in Iceland, year by year

Annual values for Gross national expenditure (current US$), per unit of GDP in Iceland, 1970 to 2025.
Year	current US$ per US$ of GDP	Change
1970	0.9886 current US$ per US$ of GDP	—
1971	1.08 current US$ per US$ of GDP	+9.3%
1972	1.03 current US$ per US$ of GDP	-4.6%
1973	1.04 current US$ per US$ of GDP	+0.6%
1974	1.12 current US$ per US$ of GDP	+7.9%
1975	1.1 current US$ per US$ of GDP	-1.3%
1976	1.01 current US$ per US$ of GDP	-8.6%
1977	1.02 current US$ per US$ of GDP	+1.3%
1978	0.9796 current US$ per US$ of GDP	-4.2%
1979	0.9979 current US$ per US$ of GDP	+1.9%
1980	1.01 current US$ per US$ of GDP	+1.4%
1981	1.03 current US$ per US$ of GDP	+1.4%
1982	1.06 current US$ per US$ of GDP	+3.2%
1983	0.985 current US$ per US$ of GDP	-7.0%
1984	1.01 current US$ per US$ of GDP	+2.4%
1985	1 current US$ per US$ of GDP	-0.4%
1986	0.966 current US$ per US$ of GDP	-3.8%
1987	1.02 current US$ per US$ of GDP	+5.2%
1988	1.02 current US$ per US$ of GDP	-0.1%
1989	0.9822 current US$ per US$ of GDP	-3.2%
1990	0.9917 current US$ per US$ of GDP	+1.0%
1991	1.02 current US$ per US$ of GDP	+2.6%
1992	1 current US$ per US$ of GDP	-1.3%
1993	0.9716 current US$ per US$ of GDP	-3.3%
1994	0.9512 current US$ per US$ of GDP	-2.1%
1995	0.9667 current US$ per US$ of GDP	+1.6%
1996	0.9952 current US$ per US$ of GDP	+3.0%
1997	0.9955 current US$ per US$ of GDP	+0.0%
1998	1.04 current US$ per US$ of GDP	+4.8%
1999	1.04 current US$ per US$ of GDP	+0.2%
2000	1.07 current US$ per US$ of GDP	+2.2%
2001	1.01 current US$ per US$ of GDP	-5.6%
2002	0.9842 current US$ per US$ of GDP	-2.4%
2003	1.03 current US$ per US$ of GDP	+4.6%
2004	1.06 current US$ per US$ of GDP	+2.6%
2005	1.12 current US$ per US$ of GDP	+5.7%
2006	1.17 current US$ per US$ of GDP	+4.5%
2007	1.09 current US$ per US$ of GDP	-6.6%
2008	1.02 current US$ per US$ of GDP	-6.2%
2009	0.9199 current US$ per US$ of GDP	-9.9%
2010	0.9019 current US$ per US$ of GDP	-2.0%
2011	0.9222 current US$ per US$ of GDP	+2.2%
2012	0.9406 current US$ per US$ of GDP	+2.0%
2013	0.9205 current US$ per US$ of GDP	-2.1%
2014	0.9346 current US$ per US$ of GDP	+1.5%
2015	0.9222 current US$ per US$ of GDP	-1.3%
2016	0.9278 current US$ per US$ of GDP	+0.6%
2017	0.9502 current US$ per US$ of GDP	+2.4%
2018	0.9599 current US$ per US$ of GDP	+1.0%
2019	0.9436 current US$ per US$ of GDP	-1.7%
2020	1 current US$ per US$ of GDP	+6.4%
2021	1.02 current US$ per US$ of GDP	+1.1%
2022	0.9957 current US$ per US$ of GDP	-1.9%
2023	0.9929 current US$ per US$ of GDP	-0.3%
2024	1.01 current US$ per US$ of GDP	+2.0%
2025	1.02 current US$ per US$ of GDP	+1.0%

Iceland compared with similar countries

Iceland's 1.02 current US$ per US$ of GDP is above the median for high income countries, which is 0.9727 current US$ per US$ of GDP, 1.1× the median. (66 countries reporting)
Iceland's 1.02 current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.9962 current US$ per US$ of GDP, 1.0× the median. (52 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	1.04 current US$ per US$ of GDP	0.9796 current US$ per US$ of GDP	1.12 current US$ per US$ of GDP	10
1980s	1.01 current US$ per US$ of GDP	0.966 current US$ per US$ of GDP	1.06 current US$ per US$ of GDP	10
1990s	0.9982 current US$ per US$ of GDP	0.9512 current US$ per US$ of GDP	1.04 current US$ per US$ of GDP	10
2000s	1.05 current US$ per US$ of GDP	0.9199 current US$ per US$ of GDP	1.17 current US$ per US$ of GDP	10
2010s	0.9324 current US$ per US$ of GDP	0.9019 current US$ per US$ of GDP	0.9599 current US$ per US$ of GDP	10
2020s	1.01 current US$ per US$ of GDP	0.9929 current US$ per US$ of GDP	1.02 current US$ per US$ of GDP	6

Countries ranked near Iceland

88 Benin 1.03 current US$ per US$ of GDP compare
89 Mauritius 1.03 current US$ per US$ of GDP compare
90 Niger 1.02 current US$ per US$ of GDP compare
92 Paraguay 1.02 current US$ per US$ of GDP compare
93 India 1.02 current US$ per US$ of GDP compare
94 Belgium 1.02 current US$ per US$ of GDP compare

See the full ranking of 229 places →

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)
SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
SDRs holdings, US dollar, per capita 1,500 units per person (2025)
SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
SDRs holdings, SDR, per capita 1,095 units per person (2025)
IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)

All data for Iceland →

Frequently asked questions

What is gross national expenditure (current us$), per unit of gdp in Iceland?: Gross national expenditure (current us$), per unit of gdp in Iceland was 1.02 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest gross national expenditure (current us$), per unit of gdp recorded in Iceland?: The highest recorded value was 1.17 current US$ per US$ of GDP in 2006.
What is the lowest gross national expenditure (current us$), per unit of gdp recorded in Iceland?: The lowest recorded value was 0.9019 current US$ per US$ of GDP in 2010.
How does Iceland rank for gross national expenditure (current us$), per unit of gdp?: Iceland ranks 91st out of 186 countries with data for 2025.
Is gross national expenditure (current us$), per unit of gdp rising or falling in Iceland?: Over the last ten years it is up 10.9%. The long-run trend across the full record is falling.
Where does this Iceland data come from?: The figures come from Statizoid (derived), published as part of Gross national expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross national expenditure (current US$), per unit of GDP in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 24 October 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-current-us-per-unit-of-gdp/iceland/

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How this figure is calculated

Gross national 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.

Gross national expenditure (current US$) ÷ GDP (current US$)

Computed from

Gross national 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

Indicator: Gross national expenditure (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 229 places, 10,825 data points, 1960–2025
Last refreshed: 08 September 2026

Gross national 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.