Households and NPISHs Final consumption expenditure (current LCU) in Iceland
Iceland: Households and NPISHs Final consumption expenditure (current LCU) was 2.46 trillion current LCU in 2025. ◆ Volatile
Households and NPISHs Final consumption expenditure in Iceland, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for households and npishs final consumption expenditure in Iceland is 2.46 trillion current LCU, measured in 2025. That is the highest value across all 56 years on record.
The figure is up 9.4% on the previous year and up 114.2% over ten years.
Over the whole period, households and npishs final consumption expenditure in Iceland peaked at 2.46 trillion current LCU in 2025 and was at its lowest, 278.12 million current LCU, in 1970.
Iceland ranks 69th of 190 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure (current LCU) in Iceland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 278.12 million current LCU | — |
| 1971 | 351.84 million current LCU | +26.5% |
| 1972 | 433.02 million current LCU | +23.1% |
| 1973 | 575.24 million current LCU | +32.8% |
| 1974 | 872.69 million current LCU | +51.7% |
| 1975 | 1.23 billion current LCU | +40.5% |
| 1976 | 1.68 billion current LCU | +36.9% |
| 1977 | 2.42 billion current LCU | +44.0% |
| 1978 | 3.78 billion current LCU | +56.1% |
| 1979 | 5.68 billion current LCU | +50.4% |
| 1980 | 9.14 billion current LCU | +60.8% |
| 1981 | 14.58 billion current LCU | +59.6% |
| 1982 | 23.31 billion current LCU | +59.9% |
| 1983 | 40.47 billion current LCU | +73.6% |
| 1984 | 54.95 billion current LCU | +35.8% |
| 1985 | 76.52 billion current LCU | +39.3% |
| 1986 | 98.34 billion current LCU | +28.5% |
| 1987 | 131.93 billion current LCU | +34.2% |
| 1988 | 158.65 billion current LCU | +20.2% |
| 1989 | 193.74 billion current LCU | +22.1% |
| 1990 | 222.02 billion current LCU | +14.6% |
| 1991 | 243.44 billion current LCU | +9.6% |
| 1992 | 243.95 billion current LCU | +0.2% |
| 1993 | 241.13 billion current LCU | -1.2% |
| 1994 | 252.11 billion current LCU | +4.6% |
| 1995 | 263.20 billion current LCU | +4.4% |
| 1996 | 284.40 billion current LCU | +8.1% |
| 1997 | 305.78 billion current LCU | +7.5% |
| 1998 | 345.29 billion current LCU | +12.9% |
| 1999 | 382.39 billion current LCU | +10.7% |
| 2000 | 420.27 billion current LCU | +9.9% |
| 2001 | 441.25 billion current LCU | +5.0% |
| 2002 | 461.86 billion current LCU | +4.7% |
| 2003 | 494.55 billion current LCU | +7.1% |
| 2004 | 548.00 billion current LCU | +10.8% |
| 2005 | 619.95 billion current LCU | +13.1% |
| 2006 | 691.01 billion current LCU | +11.5% |
| 2007 | 772.17 billion current LCU | +11.7% |
| 2008 | 824.79 billion current LCU | +6.8% |
| 2009 | 837.19 billion current LCU | +1.5% |
| 2010 | 867.26 billion current LCU | +3.6% |
| 2011 | 918.27 billion current LCU | +5.9% |
| 2012 | 989.58 billion current LCU | +7.8% |
| 2013 | 1.04 trillion current LCU | +4.6% |
| 2014 | 1.09 trillion current LCU | +5.5% |
| 2015 | 1.15 trillion current LCU | +5.1% |
| 2016 | 1.24 trillion current LCU | +7.8% |
| 2017 | 1.32 trillion current LCU | +7.0% |
| 2018 | 1.43 trillion current LCU | +8.0% |
| 2019 | 1.51 trillion current LCU | +5.7% |
| 2020 | 1.53 trillion current LCU | +1.1% |
| 2021 | 1.71 trillion current LCU | +11.6% |
| 2022 | 1.96 trillion current LCU | +15.1% |
| 2023 | 2.13 trillion current LCU | +8.3% |
| 2024 | 2.25 trillion current LCU | +5.6% |
| 2025 | 2.46 trillion current LCU | +9.4% |
Iceland compared with similar countries
- Iceland's 2.46 trillion current LCU is above the median for high income countries, which is 179.30 billion current LCU, 13.7× the median. (70 countries reporting)
- Iceland's 2.46 trillion current LCU is above the median for Europe & Central Asia, which is 320.87 billion current LCU, 7.7× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Households and NPISHs Final consumption expenditure (current LCU) in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +73.6% | 23.31 billion current LCU | 40.47 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.73 billion current LCU | 278.12 million current LCU | 5.68 billion current LCU | 10 |
| 1980s | 80.16 billion current LCU | 9.14 billion current LCU | 193.74 billion current LCU | 10 |
| 1990s | 278.37 billion current LCU | 222.02 billion current LCU | 382.39 billion current LCU | 10 |
| 2000s | 611.11 billion current LCU | 420.27 billion current LCU | 837.19 billion current LCU | 10 |
| 2010s | 1.16 trillion current LCU | 867.26 billion current LCU | 1.51 trillion current LCU | 10 |
| 2020s | 2.01 trillion current LCU | 1.53 trillion current LCU | 2.46 trillion current 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)
- 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)
Frequently asked questions
- What is households and npishs final consumption expenditure in Iceland?
- Households and npishs final consumption expenditure in Iceland was 2.46 trillion current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest households and npishs final consumption expenditure recorded in Iceland?
- The highest recorded value was 2.46 trillion current LCU in 2025.
- What is the lowest households and npishs final consumption expenditure recorded in Iceland?
- The lowest recorded value was 278.12 million current LCU in 1970.
- How does Iceland rank for households and npishs final consumption expenditure?
- Iceland ranks 69th out of 190 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 114.2%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.