Households and NPISHs Final consumption expenditure in Iceland
Iceland: Households and NPISHs Final consumption expenditure was 12.32 billion constant 2015 US$ in 2025. ▲ Rising
Households and NPISHs Final consumption expenditure in Iceland, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Iceland recorded 12.32 billion constant 2015 US$ for households and npishs final consumption expenditure in 2025. That is the highest value across all 36 years on record.
That represents a change of up 4.3% on the previous year and up 41.6% over ten years.
Over the whole period, households and npishs final consumption expenditure in Iceland peaked at 12.32 billion constant 2015 US$ in 2025 and was at its lowest, 4.83 billion constant 2015 US$, in 1993.
Iceland ranks 114th of 171 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Households and NPISHs Final consumption expenditure in Iceland, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1990 | 5.08 billion constant 2015 US$ | — |
| 1991 | 5.23 billion constant 2015 US$ | +3.0% |
| 1992 | 5.06 billion constant 2015 US$ | -3.2% |
| 1993 | 4.83 billion constant 2015 US$ | -4.6% |
| 1994 | 4.96 billion constant 2015 US$ | +2.9% |
| 1995 | 5.07 billion constant 2015 US$ | +2.2% |
| 1996 | 5.33 billion constant 2015 US$ | +5.0% |
| 1997 | 5.66 billion constant 2015 US$ | +6.3% |
| 1998 | 6.33 billion constant 2015 US$ | +11.8% |
| 1999 | 6.79 billion constant 2015 US$ | +7.3% |
| 2000 | 7.06 billion constant 2015 US$ | +3.9% |
| 2001 | 6.86 billion constant 2015 US$ | -2.8% |
| 2002 | 6.81 billion constant 2015 US$ | -0.7% |
| 2003 | 7.21 billion constant 2015 US$ | +5.9% |
| 2004 | 7.73 billion constant 2015 US$ | +7.1% |
| 2005 | 8.63 billion constant 2015 US$ | +11.7% |
| 2006 | 8.96 billion constant 2015 US$ | +3.8% |
| 2007 | 9.56 billion constant 2015 US$ | +6.7% |
| 2008 | 8.92 billion constant 2015 US$ | -6.7% |
| 2009 | 7.82 billion constant 2015 US$ | -12.4% |
| 2010 | 7.81 billion constant 2015 US$ | -0.2% |
| 2011 | 7.98 billion constant 2015 US$ | +2.2% |
| 2012 | 8.14 billion constant 2015 US$ | +2.0% |
| 2013 | 8.21 billion constant 2015 US$ | +0.9% |
| 2014 | 8.43 billion constant 2015 US$ | +2.6% |
| 2015 | 8.70 billion constant 2015 US$ | +3.3% |
| 2016 | 9.16 billion constant 2015 US$ | +5.3% |
| 2017 | 9.81 billion constant 2015 US$ | +7.1% |
| 2018 | 10.18 billion constant 2015 US$ | +3.7% |
| 2019 | 10.27 billion constant 2015 US$ | +0.9% |
| 2020 | 10.02 billion constant 2015 US$ | -2.5% |
| 2021 | 10.84 billion constant 2015 US$ | +8.1% |
| 2022 | 11.66 billion constant 2015 US$ | +7.6% |
| 2023 | 11.71 billion constant 2015 US$ | +0.4% |
| 2024 | 11.81 billion constant 2015 US$ | +0.9% |
| 2025 | 12.32 billion constant 2015 US$ | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.43 billion constant 2015 US$ | 4.83 billion constant 2015 US$ | 6.79 billion constant 2015 US$ | 10 |
| 2000s | 7.96 billion constant 2015 US$ | 6.81 billion constant 2015 US$ | 9.56 billion constant 2015 US$ | 10 |
| 2010s | 8.87 billion constant 2015 US$ | 7.81 billion constant 2015 US$ | 10.27 billion constant 2015 US$ | 10 |
| 2020s | 11.39 billion constant 2015 US$ | 10.02 billion constant 2015 US$ | 12.32 billion constant 2015 US$ | 6 |
Countries ranked near Iceland
- 111 Nicaragua 13.16 billion constant 2015 US$ compare
- 112 Mongolia 12.71 billion constant 2015 US$ compare
- 113 Armenia 12.64 billion constant 2015 US$ compare
- 115 Burkina Faso 12.31 billion constant 2015 US$ compare
- 116 Somalia 12.29 billion constant 2015 US$ compare
- 117 Tajikistan 11.96 billion constant 2015 US$ 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 17.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8994 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 88,429 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 115.52 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 11.36 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5382 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure in Iceland?
- Households and npishs final consumption expenditure in Iceland was 12.32 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Iceland?
- The highest recorded value was 12.32 billion constant 2015 US$ in 2025.
- What is the lowest households and npishs final consumption expenditure recorded in Iceland?
- The lowest recorded value was 4.83 billion constant 2015 US$ in 1993.
- How does Iceland rank for households and npishs final consumption expenditure?
- Iceland ranks 114th out of 171 countries with data for 2025.
- Is households and npishs final consumption expenditure rising or falling in Iceland?
- Over the last ten years it is up 41.6%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Households and NPISHs Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.