Households and NPISHs Final consumption expenditure (constant 2015) in Iceland

Iceland: Households and NPISHs Final consumption expenditure (constant 2015) was 31,408 constant 2015 US$ per person in 2025. ▲ Rising

Latest (2025)
31,408 constant 2015 US$ per person
Change on year
up 2.8%
World rank
7th
of 172 countries
All-time high
31,408 constant 2015 US$ per person
in 2025
All-time low
18,296 constant 2015 US$ per person
in 1993
Years of data
36
1990–2025

Households and NPISHs Final consumption expenditure (constant 2015) in Iceland, 1990–2025

010.0k20.0k30.0k1990200720251990: 19.9k constant 2015 US$ per person1991: 20.3k constant 2015 US$ per person1992: 19.4k constant 2015 US$ per person1993: 18.3k constant 2015 US$ per person1994: 18.7k constant 2015 US$ per person1995: 19.0k constant 2015 US$ per person1996: 19.8k constant 2015 US$ per person1997: 20.9k constant 2015 US$ per person1998: 23.1k constant 2015 US$ per person1999: 24.5k constant 2015 US$ per person2000: 25.1k constant 2015 US$ per person2001: 24.1k constant 2015 US$ per person2002: 23.7k constant 2015 US$ per person2003: 24.9k constant 2015 US$ per person2004: 26.5k constant 2015 US$ per person2005: 29.1k constant 2015 US$ per person2006: 29.5k constant 2015 US$ per person2007: 30.7k constant 2015 US$ per person2008: 28.1k constant 2015 US$ per person2009: 24.6k constant 2015 US$ per person2010: 24.6k constant 2015 US$ per person2011: 25.0k constant 2015 US$ per person2012: 25.4k constant 2015 US$ per person2013: 25.4k constant 2015 US$ per person2014: 25.7k constant 2015 US$ per person2015: 26.3k constant 2015 US$ per person2016: 27.3k constant 2015 US$ per person2017: 28.6k constant 2015 US$ per person2018: 28.9k constant 2015 US$ per person2019: 28.5k constant 2015 US$ per person2020: 27.3k constant 2015 US$ per person2021: 29.1k constant 2015 US$ per person2022: 30.5k constant 2015 US$ per person2023: 30.4k constant 2015 US$ per person2024: 30.6k constant 2015 US$ per person2025: 31.4k constant 2015 US$ per person

Source: Statizoid (derived). Measured in constant 2015 US$ per person.

Analysis

The most recent figure for households and npishs final consumption expenditure (constant 2015) in Iceland is 31,408 constant 2015 US$ per person, measured in 2025. That is the highest value across all 36 years on record.

The figure is up 2.8% on the previous year and up 19.4% over ten years.

Over the whole period, households and npishs final consumption expenditure (constant 2015) in Iceland peaked at 31,408 constant 2015 US$ per person in 2025 and was at its lowest, 18,296 constant 2015 US$ per person, in 1993.

That places Iceland 7th out of 172 countries with data for 2025, putting it in the top 10%.

The long-run direction has been consistently rising across the 36 years of available data.

Households and NPISHs Final consumption expenditure (constant 2015) in Iceland, year by year

Annual values for Households and NPISHs Final consumption expenditure (constant 2015 US$), per capita in Iceland, 1990 to 2025.
Year constant 2015 US$ per person Change
1990 19,922 constant 2015 US$ per person
1991 20,284 constant 2015 US$ per person +1.8%
1992 19,383 constant 2015 US$ per person -4.4%
1993 18,296 constant 2015 US$ per person -5.6%
1994 18,660 constant 2015 US$ per person +2.0%
1995 18,960 constant 2015 US$ per person +1.6%
1996 19,807 constant 2015 US$ per person +4.5%
1997 20,880 constant 2015 US$ per person +5.4%
1998 23,092 constant 2015 US$ per person +10.6%
1999 24,475 constant 2015 US$ per person +6.0%
2000 25,096 constant 2015 US$ per person +2.5%
2001 24,074 constant 2015 US$ per person -4.1%
2002 23,687 constant 2015 US$ per person -1.6%
2003 24,920 constant 2015 US$ per person +5.2%
2004 26,468 constant 2015 US$ per person +6.2%
2005 29,092 constant 2015 US$ per person +9.9%
2006 29,501 constant 2015 US$ per person +1.4%
2007 30,691 constant 2015 US$ per person +4.0%
2008 28,115 constant 2015 US$ per person -8.4%
2009 24,557 constant 2015 US$ per person -12.7%
2010 24,554 constant 2015 US$ per person -0.0%
2011 25,010 constant 2015 US$ per person +1.9%
2012 25,380 constant 2015 US$ per person +1.5%
2013 25,366 constant 2015 US$ per person -0.1%
2014 25,739 constant 2015 US$ per person +1.5%
2015 26,306 constant 2015 US$ per person +2.2%
2016 27,314 constant 2015 US$ per person +3.8%
2017 28,580 constant 2015 US$ per person +4.6%
2018 28,868 constant 2015 US$ per person +1.0%
2019 28,488 constant 2015 US$ per person -1.3%
2020 27,341 constant 2015 US$ per person -4.0%
2021 29,087 constant 2015 US$ per person +6.4%
2022 30,523 constant 2015 US$ per person +4.9%
2023 30,365 constant 2015 US$ per person -0.5%
2024 30,566 constant 2015 US$ per person +0.7%
2025 31,408 constant 2015 US$ per person +2.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 20,376 constant 2015 US$ per person 18,296 constant 2015 US$ per person 24,475 constant 2015 US$ per person 10
2000s 26,620 constant 2015 US$ per person 23,687 constant 2015 US$ per person 30,691 constant 2015 US$ per person 10
2010s 26,561 constant 2015 US$ per person 24,554 constant 2015 US$ per person 28,868 constant 2015 US$ per person 10
2020s 29,882 constant 2015 US$ per person 27,341 constant 2015 US$ per person 31,408 constant 2015 US$ per person 6

Countries ranked near Iceland

  1. 4 Norway 39,799 constant 2015 US$ per person compare
  2. 5 Luxembourg 38,321 constant 2015 US$ per person compare
  3. 6 Australia 33,634 constant 2015 US$ per person compare
  4. 8 Hong Kong, China 30,830 constant 2015 US$ per person compare
  5. 9 United Kingdom of Great Britain and Northern Ireland 29,689 constant 2015 US$ per person compare
  6. 10 Puerto Rico 27,820 constant 2015 US$ per person compare

See the full ranking of 214 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is households and npishs final consumption expenditure (constant 2015) in Iceland?
Households and npishs final consumption expenditure (constant 2015) in Iceland was 31,408 constant 2015 US$ per person in 2025, according to Statizoid (derived).
What is the highest households and npishs final consumption expenditure (constant 2015) recorded in Iceland?
The highest recorded value was 31,408 constant 2015 US$ per person in 2025.
What is the lowest households and npishs final consumption expenditure (constant 2015) recorded in Iceland?
The lowest recorded value was 18,296 constant 2015 US$ per person in 1993.
How does Iceland rank for households and npishs final consumption expenditure (constant 2015)?
Iceland ranks 7th out of 172 countries with data for 2025.
Is households and npishs final consumption expenditure (constant 2015) rising or falling in Iceland?
Over the last ten years it is up 19.4%. 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 Households and NPISHs Final consumption expenditure (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.

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Households and NPISHs Final consumption expenditure (constant 2015) in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/stat/households-and-npishs-final-consumption-expenditure-constant-2015-us-per-capita/iceland/

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How this figure is calculated

Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Households and NPISHs Final consumption expenditure (constant 2015 US$) ÷ Population, total

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
Households and NPISHs Final consumption expenditure (constant 2015 US$), per capita
Unit
constant 2015 US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
214 places, 8,950 data points, 1960–2025
Last refreshed

Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.