Households and NPISHs Final consumption expenditure per capita in Iceland
Iceland: Households and NPISHs Final consumption expenditure per capita was 31,408 constant 2015 US$ in 2025. ▲ Rising
Households and NPISHs Final consumption expenditure per capita in Iceland, 1990–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for households and npishs final consumption expenditure per capita in Iceland is 31,408 constant 2015 US$, measured in 2025. That is the highest value across all 36 years on record.
That represents a change of up 2.8% on the previous year and up 19.4% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita in Iceland peaked at 31,408 constant 2015 US$ in 2025 and was at its lowest, 18,296 constant 2015 US$, in 1993.
Iceland ranks 7th of 172 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 36 years of available data.
Households and NPISHs Final consumption expenditure per capita in Iceland, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1990 | 19,922 constant 2015 US$ | — |
| 1991 | 20,284 constant 2015 US$ | +1.8% |
| 1992 | 19,383 constant 2015 US$ | -4.4% |
| 1993 | 18,296 constant 2015 US$ | -5.6% |
| 1994 | 18,660 constant 2015 US$ | +2.0% |
| 1995 | 18,960 constant 2015 US$ | +1.6% |
| 1996 | 19,807 constant 2015 US$ | +4.5% |
| 1997 | 20,881 constant 2015 US$ | +5.4% |
| 1998 | 23,092 constant 2015 US$ | +10.6% |
| 1999 | 24,475 constant 2015 US$ | +6.0% |
| 2000 | 25,096 constant 2015 US$ | +2.5% |
| 2001 | 24,074 constant 2015 US$ | -4.1% |
| 2002 | 23,687 constant 2015 US$ | -1.6% |
| 2003 | 24,920 constant 2015 US$ | +5.2% |
| 2004 | 26,468 constant 2015 US$ | +6.2% |
| 2005 | 29,092 constant 2015 US$ | +9.9% |
| 2006 | 29,501 constant 2015 US$ | +1.4% |
| 2007 | 30,691 constant 2015 US$ | +4.0% |
| 2008 | 28,115 constant 2015 US$ | -8.4% |
| 2009 | 24,557 constant 2015 US$ | -12.7% |
| 2010 | 24,554 constant 2015 US$ | -0.0% |
| 2011 | 25,010 constant 2015 US$ | +1.9% |
| 2012 | 25,380 constant 2015 US$ | +1.5% |
| 2013 | 25,366 constant 2015 US$ | -0.1% |
| 2014 | 25,739 constant 2015 US$ | +1.5% |
| 2015 | 26,306 constant 2015 US$ | +2.2% |
| 2016 | 27,314 constant 2015 US$ | +3.8% |
| 2017 | 28,580 constant 2015 US$ | +4.6% |
| 2018 | 28,868 constant 2015 US$ | +1.0% |
| 2019 | 28,488 constant 2015 US$ | -1.3% |
| 2020 | 27,341 constant 2015 US$ | -4.0% |
| 2021 | 29,087 constant 2015 US$ | +6.4% |
| 2022 | 30,523 constant 2015 US$ | +4.9% |
| 2023 | 30,365 constant 2015 US$ | -0.5% |
| 2024 | 30,566 constant 2015 US$ | +0.7% |
| 2025 | 31,408 constant 2015 US$ | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20,376 constant 2015 US$ | 18,296 constant 2015 US$ | 24,475 constant 2015 US$ | 10 |
| 2000s | 26,620 constant 2015 US$ | 23,687 constant 2015 US$ | 30,691 constant 2015 US$ | 10 |
| 2010s | 26,561 constant 2015 US$ | 24,554 constant 2015 US$ | 28,868 constant 2015 US$ | 10 |
| 2020s | 29,882 constant 2015 US$ | 27,341 constant 2015 US$ | 31,408 constant 2015 US$ | 6 |
Countries ranked near Iceland
- 4 Norway 39,799 constant 2015 US$ compare
- 5 Luxembourg 38,321 constant 2015 US$ compare
- 6 Australia 33,634 constant 2015 US$ compare
- 8 Hong Kong, China 30,830 constant 2015 US$ compare
- 9 United Kingdom of Great Britain and Northern Ireland 29,689 constant 2015 US$ compare
- 10 Puerto Rico 27,820 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 7.15 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3036 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 29,848 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -107.38 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -93.07 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 11.69 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 4.69 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 461,476 current LCU per person (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita in Iceland?
- Households and npishs final consumption expenditure per capita in Iceland was 31,408 constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest households and npishs final consumption expenditure per capita recorded in Iceland?
- The highest recorded value was 31,408 constant 2015 US$ in 2025.
- What is the lowest households and npishs final consumption expenditure per capita recorded in Iceland?
- The lowest recorded value was 18,296 constant 2015 US$ in 1993.
- How does Iceland rank for households and npishs final consumption expenditure per capita?
- Iceland ranks 7th out of 172 countries with data for 2025.
- Is households and npishs final consumption expenditure per capita rising or falling in Iceland?
- Over the last ten years it is up 19.4%. 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 Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure per capita (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 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. The core indicator has been divided by the general population to achieve a per capita estimate.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.