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

Iceland: Households and NPISHs Final consumption expenditure (constant 2015) was 0.3194 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.3194 constant 2015 US$ per US$ of GDP
Change on year
down 10.3%
World rank
162nd
of 172 countries
All-time high
0.8242 constant 2015 US$ per US$ of GDP
in 2001
All-time low
0.3194 constant 2015 US$ per US$ of GDP
in 2025
Years of data
36
1990–2025

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

00.20.40.60.81990200720251990: 0.758 constant 2015 US$ per US$ of GDP1991: 0.731 constant 2015 US$ per US$ of GDP1992: 0.69 constant 2015 US$ per US$ of GDP1993: 0.75 constant 2015 US$ per US$ of GDP1994: 0.751 constant 2015 US$ per US$ of GDP1995: 0.688 constant 2015 US$ per US$ of GDP1996: 0.693 constant 2015 US$ per US$ of GDP1997: 0.734 constant 2015 US$ per US$ of GDP1998: 0.733 constant 2015 US$ per US$ of GDP1999: 0.745 constant 2015 US$ per US$ of GDP2000: 0.772 constant 2015 US$ per US$ of GDP2001: 0.824 constant 2015 US$ per US$ of GDP2002: 0.723 constant 2015 US$ per US$ of GDP2003: 0.624 constant 2015 US$ per US$ of GDP2004: 0.554 constant 2015 US$ per US$ of GDP2005: 0.503 constant 2015 US$ per US$ of GDP2006: 0.507 constant 2015 US$ per US$ of GDP2007: 0.435 constant 2015 US$ per US$ of GDP2008: 0.489 constant 2015 US$ per US$ of GDP2009: 0.592 constant 2015 US$ per US$ of GDP2010: 0.561 constant 2015 US$ per US$ of GDP2011: 0.518 constant 2015 US$ per US$ of GDP2012: 0.545 constant 2015 US$ per US$ of GDP2013: 0.506 constant 2015 US$ per US$ of GDP2014: 0.467 constant 2015 US$ per US$ of GDP2015: 0.492 constant 2015 US$ per US$ of GDP2016: 0.435 constant 2015 US$ per US$ of GDP2017: 0.392 constant 2015 US$ per US$ of GDP2018: 0.382 constant 2015 US$ per US$ of GDP2019: 0.411 constant 2015 US$ per US$ of GDP2020: 0.455 constant 2015 US$ per US$ of GDP2021: 0.413 constant 2015 US$ per US$ of GDP2022: 0.4 constant 2015 US$ per US$ of GDP2023: 0.369 constant 2015 US$ per US$ of GDP2024: 0.356 constant 2015 US$ per US$ of GDP2025: 0.319 constant 2015 US$ per US$ of GDP

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

Analysis

In 2025, households and npishs final consumption expenditure (constant 2015) in Iceland stood at 0.3194 constant 2015 US$ per US$ of GDP. That is the lowest value across all 36 years on record.

Compared with earlier readings it is down 10.3% on the previous year and down 35.0% over ten years.

Over the whole period, households and npishs final consumption expenditure (constant 2015) in Iceland peaked at 0.8242 constant 2015 US$ per US$ of GDP in 2001 and was at its lowest, 0.3194 constant 2015 US$ per US$ of GDP, in 2025.

Iceland ranks 162nd of 172 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling 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$), per unit of GDP in Iceland, 1990 to 2025.
Year constant 2015 US$ per US$ of GDP Change
1990 0.7583 constant 2015 US$ per US$ of GDP
1991 0.7312 constant 2015 US$ per US$ of GDP -3.6%
1992 0.6905 constant 2015 US$ per US$ of GDP -5.6%
1993 0.7497 constant 2015 US$ per US$ of GDP +8.6%
1994 0.7507 constant 2015 US$ per US$ of GDP +0.1%
1995 0.6878 constant 2015 US$ per US$ of GDP -8.4%
1996 0.6929 constant 2015 US$ per US$ of GDP +0.7%
1997 0.7336 constant 2015 US$ per US$ of GDP +5.9%
1998 0.7326 constant 2015 US$ per US$ of GDP -0.1%
1999 0.7454 constant 2015 US$ per US$ of GDP +1.7%
2000 0.7721 constant 2015 US$ per US$ of GDP +3.6%
2001 0.8242 constant 2015 US$ per US$ of GDP +6.7%
2002 0.7233 constant 2015 US$ per US$ of GDP -12.2%
2003 0.6239 constant 2015 US$ per US$ of GDP -13.7%
2004 0.5536 constant 2015 US$ per US$ of GDP -11.3%
2005 0.5035 constant 2015 US$ per US$ of GDP -9.1%
2006 0.5071 constant 2015 US$ per US$ of GDP +0.7%
2007 0.4354 constant 2015 US$ per US$ of GDP -14.1%
2008 0.489 constant 2015 US$ per US$ of GDP +12.3%
2009 0.592 constant 2015 US$ per US$ of GDP +21.0%
2010 0.5609 constant 2015 US$ per US$ of GDP -5.2%
2011 0.5183 constant 2015 US$ per US$ of GDP -7.6%
2012 0.5447 constant 2015 US$ per US$ of GDP +5.1%
2013 0.5056 constant 2015 US$ per US$ of GDP -7.2%
2014 0.4668 constant 2015 US$ per US$ of GDP -7.7%
2015 0.4917 constant 2015 US$ per US$ of GDP +5.3%
2016 0.4346 constant 2015 US$ per US$ of GDP -11.6%
2017 0.3916 constant 2015 US$ per US$ of GDP -9.9%
2018 0.3817 constant 2015 US$ per US$ of GDP -2.5%
2019 0.4111 constant 2015 US$ per US$ of GDP +7.7%
2020 0.4547 constant 2015 US$ per US$ of GDP +10.6%
2021 0.413 constant 2015 US$ per US$ of GDP -9.2%
2022 0.3996 constant 2015 US$ per US$ of GDP -3.2%
2023 0.3694 constant 2015 US$ per US$ of GDP -7.6%
2024 0.356 constant 2015 US$ per US$ of GDP -3.6%
2025 0.3194 constant 2015 US$ per US$ of GDP -10.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.7273 constant 2015 US$ per US$ of GDP 0.6878 constant 2015 US$ per US$ of GDP 0.7583 constant 2015 US$ per US$ of GDP 10
2000s 0.6024 constant 2015 US$ per US$ of GDP 0.4354 constant 2015 US$ per US$ of GDP 0.8242 constant 2015 US$ per US$ of GDP 10
2010s 0.4707 constant 2015 US$ per US$ of GDP 0.3817 constant 2015 US$ per US$ of GDP 0.5609 constant 2015 US$ per US$ of GDP 10
2020s 0.3854 constant 2015 US$ per US$ of GDP 0.3194 constant 2015 US$ per US$ of GDP 0.4547 constant 2015 US$ per US$ of GDP 6

Countries ranked near Iceland

  1. 159 Algeria 0.3254 constant 2015 US$ per US$ of GDP compare
  2. 160 Estonia 0.325 constant 2015 US$ per US$ of GDP compare
  3. 161 Greenland 0.3226 constant 2015 US$ per US$ of GDP compare
  4. 163 Netherlands 0.3065 constant 2015 US$ per US$ of GDP compare
  5. 164 Brunei Darussalam 0.3043 constant 2015 US$ per US$ of GDP compare
  6. 165 Macau, China 0.2777 constant 2015 US$ per US$ of GDP 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 0.3194 constant 2015 US$ per US$ of GDP 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 0.8242 constant 2015 US$ per US$ of GDP in 2001.
What is the lowest households and npishs final consumption expenditure (constant 2015) recorded in Iceland?
The lowest recorded value was 0.3194 constant 2015 US$ per US$ of GDP in 2025.
How does Iceland rank for households and npishs final consumption expenditure (constant 2015)?
Iceland ranks 162nd 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 down 35.0%. 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 Households and NPISHs Final consumption expenditure (constant 2015 US$), per unit of GDP. 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-unit-of-gdp/iceland/

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How this figure is calculated

Households and NPISHs Final consumption expenditure (constant 2015 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.

Households and NPISHs Final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)

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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$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
214 places, 8,939 data points, 1960–2025
Last refreshed

Households and NPISHs Final consumption expenditure (constant 2015 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.