Households and NPISHs Final consumption expenditure per capita, PPP in Iceland
Iceland: Households and NPISHs Final consumption expenditure per capita, PPP was 31,749 constant 2021 international $ in 2025. ▲ Rising
Households and NPISHs Final consumption expenditure per capita, PPP in Iceland, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in constant 2021 international $.
Analysis
Iceland recorded 31,749 constant 2021 international $ for households and npishs final consumption expenditure per capita, ppp in 2025. That is the highest value across all 36 years on record.
The figure is 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, ppp in Iceland peaked at 31,749 constant 2021 international $ in 2025 and was at its lowest, 18,495 constant 2021 international $, in 1993.
That places Iceland 12th out of 169 countries with data for 2025, putting it 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, PPP in Iceland, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1990 | 20,138 constant 2021 international $ | — |
| 1991 | 20,504 constant 2021 international $ | +1.8% |
| 1992 | 19,593 constant 2021 international $ | -4.4% |
| 1993 | 18,495 constant 2021 international $ | -5.6% |
| 1994 | 18,862 constant 2021 international $ | +2.0% |
| 1995 | 19,166 constant 2021 international $ | +1.6% |
| 1996 | 20,022 constant 2021 international $ | +4.5% |
| 1997 | 21,107 constant 2021 international $ | +5.4% |
| 1998 | 23,343 constant 2021 international $ | +10.6% |
| 1999 | 24,741 constant 2021 international $ | +6.0% |
| 2000 | 25,368 constant 2021 international $ | +2.5% |
| 2001 | 24,335 constant 2021 international $ | -4.1% |
| 2002 | 23,944 constant 2021 international $ | -1.6% |
| 2003 | 25,191 constant 2021 international $ | +5.2% |
| 2004 | 26,756 constant 2021 international $ | +6.2% |
| 2005 | 29,407 constant 2021 international $ | +9.9% |
| 2006 | 29,821 constant 2021 international $ | +1.4% |
| 2007 | 31,024 constant 2021 international $ | +4.0% |
| 2008 | 28,420 constant 2021 international $ | -8.4% |
| 2009 | 24,823 constant 2021 international $ | -12.7% |
| 2010 | 24,821 constant 2021 international $ | -0.0% |
| 2011 | 25,282 constant 2021 international $ | +1.9% |
| 2012 | 25,655 constant 2021 international $ | +1.5% |
| 2013 | 25,641 constant 2021 international $ | -0.1% |
| 2014 | 26,019 constant 2021 international $ | +1.5% |
| 2015 | 26,592 constant 2021 international $ | +2.2% |
| 2016 | 27,610 constant 2021 international $ | +3.8% |
| 2017 | 28,891 constant 2021 international $ | +4.6% |
| 2018 | 29,181 constant 2021 international $ | +1.0% |
| 2019 | 28,797 constant 2021 international $ | -1.3% |
| 2020 | 27,637 constant 2021 international $ | -4.0% |
| 2021 | 29,402 constant 2021 international $ | +6.4% |
| 2022 | 30,854 constant 2021 international $ | +4.9% |
| 2023 | 30,694 constant 2021 international $ | -0.5% |
| 2024 | 30,898 constant 2021 international $ | +0.7% |
| 2025 | 31,749 constant 2021 international $ | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20,597 constant 2021 international $ | 18,495 constant 2021 international $ | 24,741 constant 2021 international $ | 10 |
| 2000s | 26,909 constant 2021 international $ | 23,944 constant 2021 international $ | 31,024 constant 2021 international $ | 10 |
| 2010s | 26,849 constant 2021 international $ | 24,821 constant 2021 international $ | 29,181 constant 2021 international $ | 10 |
| 2020s | 30,206 constant 2021 international $ | 27,637 constant 2021 international $ | 31,749 constant 2021 international $ | 6 |
Countries ranked near Iceland
- 9 Germany 32,093 constant 2021 international $ compare
- 10 Bulgaria 31,938 constant 2021 international $ compare
- 11 Macau, China 31,773 constant 2021 international $ compare
- 13 Austria 31,074 constant 2021 international $ compare
- 14 Canada 30,250 constant 2021 international $ compare
- 15 United Arab Emirates 29,689 constant 2021 international $ 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)
- Manufacturing, value added (constant LCU), per capita 729,781 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 16.18 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2006 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 19,720 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 8.17 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 25.76 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 2.53 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -1.23 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in Iceland?
- Households and npishs final consumption expenditure per capita, ppp in Iceland was 31,749 constant 2021 international $ in 2025, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in Iceland?
- The highest recorded value was 31,749 constant 2021 international $ in 2025.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Iceland?
- The lowest recorded value was 18,495 constant 2021 international $ in 1993.
- How does Iceland rank for households and npishs final consumption expenditure per capita, ppp?
- Iceland ranks 12th out of 169 countries with data for 2025.
- Is households and npishs final consumption expenditure per capita, ppp 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 International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.