Households and NPISHs Final consumption expenditure … US capita in Iceland
Iceland: Households and NPISHs Final consumption expenditure … US capita was 48,790 current US$ per person in 2025. ◆ Volatile
Households and NPISHs Final consumption expenditure (current US$) in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
In 2025, households and npishs final consumption expenditure (current us$) in Iceland stood at 48,790 current US$ per person. That is the highest value across all 56 years on record.
The figure is up 15.7% on the previous year and up 85.5% over ten years.
Over the whole period, households and npishs final consumption expenditure (current us$) in Iceland peaked at 48,790 current US$ per person in 2025 and was at its lowest, 1,546 current US$ per person, in 1970.
Iceland ranks 5th of 190 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure … US capita in Iceland, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1970 | 1,546 current US$ per person | — |
| 1971 | 1,940 current US$ per person | +25.5% |
| 1972 | 2,346 current US$ per person | +20.9% |
| 1973 | 3,006 current US$ per person | +28.1% |
| 1974 | 4,057 current US$ per person | +35.0% |
| 1975 | 3,661 current US$ per person | -9.8% |
| 1976 | 4,187 current US$ per person | +14.4% |
| 1977 | 5,483 current US$ per person | +30.9% |
| 1978 | 6,231 current US$ per person | +13.6% |
| 1979 | 7,137 current US$ per person | +14.5% |
| 1980 | 8,347 current US$ per person | +17.0% |
| 1981 | 8,745 current US$ per person | +4.8% |
| 1982 | 8,070 current US$ per person | -7.7% |
| 1983 | 6,874 current US$ per person | -14.8% |
| 1984 | 7,239 current US$ per person | +5.3% |
| 1985 | 7,637 current US$ per person | +5.5% |
| 1986 | 9,839 current US$ per person | +28.8% |
| 1987 | 13,874 current US$ per person | +41.0% |
| 1988 | 14,768 current US$ per person | +6.4% |
| 1989 | 13,432 current US$ per person | -9.0% |
| 1990 | 14,949 current US$ per person | +11.3% |
| 1991 | 16,006 current US$ per person | +7.1% |
| 1992 | 16,239 current US$ per person | +1.5% |
| 1993 | 13,525 current US$ per person | -16.7% |
| 1994 | 13,549 current US$ per person | +0.2% |
| 1995 | 15,212 current US$ per person | +12.3% |
| 1996 | 15,904 current US$ per person | +4.5% |
| 1997 | 15,906 current US$ per person | +0.0% |
| 1998 | 17,756 current US$ per person | +11.6% |
| 1999 | 19,058 current US$ per person | +7.3% |
| 2000 | 19,011 current US$ per person | -0.2% |
| 2001 | 15,894 current US$ per person | -16.4% |
| 2002 | 17,525 current US$ per person | +10.3% |
| 2003 | 22,268 current US$ per person | +27.1% |
| 2004 | 26,730 current US$ per person | +20.0% |
| 2005 | 33,172 current US$ per person | +24.1% |
| 2006 | 32,412 current US$ per person | -2.3% |
| 2007 | 38,691 current US$ per person | +19.4% |
| 2008 | 29,546 current US$ per person | -23.6% |
| 2009 | 21,260 current US$ per person | -28.0% |
| 2010 | 22,307 current US$ per person | +4.9% |
| 2011 | 24,824 current US$ per person | +11.3% |
| 2012 | 24,668 current US$ per person | -0.6% |
| 2013 | 26,175 current US$ per person | +6.1% |
| 2014 | 28,567 current US$ per person | +9.1% |
| 2015 | 26,306 current US$ per person | -7.9% |
| 2016 | 30,542 current US$ per person | +16.1% |
| 2017 | 36,096 current US$ per person | +18.2% |
| 2018 | 37,455 current US$ per person | +3.8% |
| 2019 | 34,199 current US$ per person | -8.7% |
| 2020 | 30,810 current US$ per person | -9.9% |
| 2021 | 36,083 current US$ per person | +17.1% |
| 2022 | 38,016 current US$ per person | +5.4% |
| 2023 | 40,010 current US$ per person | +5.2% |
| 2024 | 42,156 current US$ per person | +5.4% |
| 2025 | 48,790 current US$ per person | +15.7% |
Iceland compared with similar countries
- Iceland's 48,790 current US$ per person is above the median for high income countries, which is 19,194 current US$ per person, 2.5× the median. (70 countries reporting)
- Iceland's 48,790 current US$ per person is above the median for Europe & Central Asia, which is 16,881 current US$ per person, 2.9× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,959 current US$ per person | 1,546 current US$ per person | 7,137 current US$ per person | 10 |
| 1980s | 9,883 current US$ per person | 6,874 current US$ per person | 14,768 current US$ per person | 10 |
| 1990s | 15,810 current US$ per person | 13,525 current US$ per person | 19,058 current US$ per person | 10 |
| 2000s | 25,651 current US$ per person | 15,894 current US$ per person | 38,691 current US$ per person | 10 |
| 2010s | 29,114 current US$ per person | 22,307 current US$ per person | 37,455 current US$ per person | 10 |
| 2020s | 39,311 current US$ per person | 30,810 current US$ per person | 48,790 current US$ per person | 6 |
Countries ranked near Iceland
- 2 United States 58,517 current US$ per person compare
- 3 Switzerland 56,841 current US$ per person compare
- 4 Luxembourg 49,319 current US$ per person compare
- 6 Norway 40,226 current US$ per person compare
- 7 Hong Kong 37,729 current US$ per person compare
- 8 United Kingdom 34,814 current US$ per person 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)
- 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 (current us$) in Iceland?
- Households and npishs final consumption expenditure (current us$) in Iceland was 48,790 current US$ per person in 2025, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (current us$) recorded in Iceland?
- The highest recorded value was 48,790 current US$ per person in 2025.
- What is the lowest households and npishs final consumption expenditure (current us$) recorded in Iceland?
- The lowest recorded value was 1,546 current US$ per person in 1970.
- How does Iceland rank for households and npishs final consumption expenditure (current us$)?
- Iceland ranks 5th out of 190 countries with data for 2025.
- Is households and npishs final consumption expenditure (current us$) rising or falling in Iceland?
- Over the last ten years it is up 85.5%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Households and NPISHs Final consumption expenditure (current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Households and NPISHs Final consumption expenditure (current US$) 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 (current US$) ÷ Population, total
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Households and NPISHs Final consumption expenditure (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.