Households and NPISHs Final consumption expenditure in Iceland
Iceland: Households and NPISHs Final consumption expenditure was 1.88 trillion constant LCU 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 LCU.
Analysis
Iceland recorded 1.88 trillion constant LCU for households and npishs final consumption expenditure in 2025. That is the highest value across all 36 years on record.
Compared with earlier readings it is 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 1.88 trillion constant LCU in 2025 and was at its lowest, 736.36 billion constant LCU, in 1993.
That places Iceland 66th out of 178 countries with data for 2025, putting it 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 LCU | Change |
|---|---|---|
| 1990 | 774.72 billion constant LCU | — |
| 1991 | 798.02 billion constant LCU | +3.0% |
| 1992 | 772.19 billion constant LCU | -3.2% |
| 1993 | 736.36 billion constant LCU | -4.6% |
| 1994 | 757.52 billion constant LCU | +2.9% |
| 1995 | 773.90 billion constant LCU | +2.2% |
| 1996 | 812.84 billion constant LCU | +5.0% |
| 1997 | 863.95 billion constant LCU | +6.3% |
| 1998 | 965.74 billion constant LCU | +11.8% |
| 1999 | 1.04 trillion constant LCU | +7.3% |
| 2000 | 1.08 trillion constant LCU | +3.9% |
| 2001 | 1.05 trillion constant LCU | -2.8% |
| 2002 | 1.04 trillion constant LCU | -0.7% |
| 2003 | 1.10 trillion constant LCU | +5.9% |
| 2004 | 1.18 trillion constant LCU | +7.1% |
| 2005 | 1.32 trillion constant LCU | +11.7% |
| 2006 | 1.37 trillion constant LCU | +3.8% |
| 2007 | 1.46 trillion constant LCU | +6.7% |
| 2008 | 1.36 trillion constant LCU | -6.7% |
| 2009 | 1.19 trillion constant LCU | -12.4% |
| 2010 | 1.19 trillion constant LCU | -0.2% |
| 2011 | 1.22 trillion constant LCU | +2.2% |
| 2012 | 1.24 trillion constant LCU | +2.0% |
| 2013 | 1.25 trillion constant LCU | +0.9% |
| 2014 | 1.29 trillion constant LCU | +2.6% |
| 2015 | 1.33 trillion constant LCU | +3.3% |
| 2016 | 1.40 trillion constant LCU | +5.3% |
| 2017 | 1.50 trillion constant LCU | +7.1% |
| 2018 | 1.55 trillion constant LCU | +3.7% |
| 2019 | 1.57 trillion constant LCU | +0.9% |
| 2020 | 1.53 trillion constant LCU | -2.5% |
| 2021 | 1.65 trillion constant LCU | +8.1% |
| 2022 | 1.78 trillion constant LCU | +7.6% |
| 2023 | 1.79 trillion constant LCU | +0.4% |
| 2024 | 1.80 trillion constant LCU | +0.9% |
| 2025 | 1.88 trillion constant LCU | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 829.13 billion constant LCU | 736.36 billion constant LCU | 1.04 trillion constant LCU | 10 |
| 2000s | 1.21 trillion constant LCU | 1.04 trillion constant LCU | 1.46 trillion constant LCU | 10 |
| 2010s | 1.35 trillion constant LCU | 1.19 trillion constant LCU | 1.57 trillion constant LCU | 10 |
| 2020s | 1.74 trillion constant LCU | 1.53 trillion constant LCU | 1.88 trillion constant LCU | 6 |
Countries ranked near Iceland
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)
- Services, value added (constant LCU), per capita 6.16 million constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 6.87 % change on previous year (2025)
- 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)
Frequently asked questions
- What is households and npishs final consumption expenditure in Iceland?
- Households and npishs final consumption expenditure in Iceland was 1.88 trillion constant LCU 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 1.88 trillion constant LCU in 2025.
- What is the lowest households and npishs final consumption expenditure recorded in Iceland?
- The lowest recorded value was 736.36 billion constant LCU in 1993.
- How does Iceland rank for households and npishs final consumption expenditure?
- Iceland ranks 66th out of 178 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 LCU). 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 varies by country. This series is expressed in local currency units.