Households and NPISHs Final consumption expenditure in Iceland
Iceland: Households and NPISHs Final consumption expenditure was 19.15 billion current US$ in 2025. ◆ Volatile
Latest (2025)
19.15 billion current US$
Change on year
up 17.5%
World rank
112th
of 189 countries
All-time high
19.15 billion current US$
in 2025
All-time low
316.05 million current US$
in 1970
Years of data
56
1970–2025
Households and NPISHs Final consumption expenditure in Iceland, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for households and npishs final consumption expenditure in Iceland is 19.15 billion current US$, measured in 2025. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 17.5% on the previous year and up 120.0% over ten years.
Over the whole period, households and npishs final consumption expenditure in Iceland peaked at 19.15 billion current US$ in 2025 and was at its lowest, 316.05 million current US$, in 1970.
That places Iceland 112th out of 189 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure in Iceland, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 316.05 million current US$ | — |
| 1971 | 399.82 million current US$ | +26.5% |
| 1972 | 490.62 million current US$ | +22.7% |
| 1973 | 638.23 million current US$ | +30.1% |
| 1974 | 873.13 million current US$ | +36.8% |
| 1975 | 797.99 million current US$ | -8.6% |
| 1976 | 921.82 million current US$ | +15.5% |
| 1977 | 1.22 billion current US$ | +31.9% |
| 1978 | 1.39 billion current US$ | +14.5% |
| 1979 | 1.61 billion current US$ | +15.7% |
| 1980 | 1.90 billion current US$ | +18.2% |
| 1981 | 2.02 billion current US$ | +6.0% |
| 1982 | 1.89 billion current US$ | -6.5% |
| 1983 | 1.63 billion current US$ | -13.7% |
| 1984 | 1.73 billion current US$ | +6.4% |
| 1985 | 1.84 billion current US$ | +6.3% |
| 1986 | 2.39 billion current US$ | +29.8% |
| 1987 | 3.41 billion current US$ | +42.6% |
| 1988 | 3.69 billion current US$ | +8.1% |
| 1989 | 3.40 billion current US$ | -7.9% |
| 1990 | 3.81 billion current US$ | +12.2% |
| 1991 | 4.13 billion current US$ | +8.3% |
| 1992 | 4.24 billion current US$ | +2.7% |
| 1993 | 3.57 billion current US$ | -15.9% |
| 1994 | 3.60 billion current US$ | +1.1% |
| 1995 | 4.07 billion current US$ | +12.9% |
| 1996 | 4.28 billion current US$ | +5.1% |
| 1997 | 4.31 billion current US$ | +0.8% |
| 1998 | 4.87 billion current US$ | +12.8% |
| 1999 | 5.29 billion current US$ | +8.6% |
| 2000 | 5.35 billion current US$ | +1.1% |
| 2001 | 4.53 billion current US$ | -15.3% |
| 2002 | 5.04 billion current US$ | +11.2% |
| 2003 | 6.45 billion current US$ | +28.0% |
| 2004 | 7.81 billion current US$ | +21.1% |
| 2005 | 9.84 billion current US$ | +26.1% |
| 2006 | 9.85 billion current US$ | +0.0% |
| 2007 | 12.05 billion current US$ | +22.4% |
| 2008 | 9.38 billion current US$ | -22.2% |
| 2009 | 6.77 billion current US$ | -27.8% |
| 2010 | 7.09 billion current US$ | +4.8% |
| 2011 | 7.92 billion current US$ | +11.6% |
| 2012 | 7.91 billion current US$ | -0.1% |
| 2013 | 8.47 billion current US$ | +7.1% |
| 2014 | 9.35 billion current US$ | +10.4% |
| 2015 | 8.70 billion current US$ | -6.9% |
| 2016 | 10.24 billion current US$ | +17.7% |
| 2017 | 12.40 billion current US$ | +21.0% |
| 2018 | 13.21 billion current US$ | +6.6% |
| 2019 | 12.33 billion current US$ | -6.7% |
| 2020 | 11.29 billion current US$ | -8.4% |
| 2021 | 13.44 billion current US$ | +19.0% |
| 2022 | 14.52 billion current US$ | +8.0% |
| 2023 | 15.43 billion current US$ | +6.3% |
| 2024 | 16.29 billion current US$ | +5.6% |
| 2025 | 19.15 billion current US$ | +17.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 865.77 million current US$ | 316.05 million current US$ | 1.61 billion current US$ | 10 |
| 1980s | 2.39 billion current US$ | 1.63 billion current US$ | 3.69 billion current US$ | 10 |
| 1990s | 4.22 billion current US$ | 3.57 billion current US$ | 5.29 billion current US$ | 10 |
| 2000s | 7.71 billion current US$ | 4.53 billion current US$ | 12.05 billion current US$ | 10 |
| 2010s | 9.76 billion current US$ | 7.09 billion current US$ | 13.21 billion current US$ | 10 |
| 2020s | 15.02 billion current US$ | 11.29 billion current US$ | 19.15 billion current US$ | 6 |
Countries ranked near Iceland
- 109 Kyrgyzstan 21.12 billion current US$ compare
- 110 Armenia 20.79 billion current US$ compare
- 111 Afghanistan 19.86 billion current US$ compare
- 113 Guinea 19.03 billion current US$ compare
- 114 Bahrain 18.81 billion current US$ compare
- 115 Republic of Moldova 17.61 billion current 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)
- GNI, Atlas method (current US$), annual growth rate 11.95 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9074 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 89,219 current US$ per person (2025)
- GNI (current US$), annual growth rate 17.05 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9978 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 98,107 current US$ per person (2025)
- GNI (current LCU), annual growth rate 8.97 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 128.16 current LCU 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 19.15 billion current US$ 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 19.15 billion current US$ in 2025.
- What is the lowest households and npishs final consumption expenditure recorded in Iceland?
- The lowest recorded value was 316.05 million current US$ in 1970.
- How does Iceland rank for households and npishs final consumption expenditure?
- Iceland ranks 112th out of 189 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 120.0%. 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.