Households and NPISHs Final consumption expenditure per capita, PPP in Iceland

Iceland: Households and NPISHs Final consumption expenditure per capita, PPP was 37,615 current international $ in 2025. ▲ Rising

Latest (2025)
37,615 current international $
Change on year
up 0.9%
World rank
10th
of 182 countries
All-time high
37,615 current international $
in 2025
All-time low
11,391 current international $
in 1993
Years of data
36
1990–2025

Households and NPISHs Final consumption expenditure per capita, PPP in Iceland, 1990–2025

10.0k20.0k30.0k40.0k1990200720251990: 11.4k current international $1991: 12.0k current international $1992: 11.8k current international $1993: 11.4k current international $1994: 11.9k current international $1995: 12.3k current international $1996: 12.9k current international $1997: 14.0k current international $1998: 15.0k current international $1999: 16.4k current international $2000: 16.4k current international $2001: 16.1k current international $2002: 16.1k current international $2003: 17.0k current international $2004: 18.5k current international $2005: 20.6k current international $2006: 21.8k current international $2007: 23.1k current international $2008: 21.8k current international $2009: 19.4k current international $2010: 19.3k current international $2011: 20.4k current international $2012: 21.3k current international $2013: 21.6k current international $2014: 22.2k current international $2015: 22.4k current international $2016: 23.1k current international $2017: 24.5k current international $2018: 25.5k current international $2019: 26.5k current international $2020: 26.9k current international $2021: 29.4k current international $2022: 34.1k current international $2023: 36.5k current international $2024: 37.3k current international $2025: 37.6k current international $

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 current international $.

Analysis

Iceland recorded 37,615 current 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 0.9% on the previous year and up 68.0% over ten years.

Over the whole period, households and npishs final consumption expenditure per capita, ppp in Iceland peaked at 37,615 current international $ in 2025 and was at its lowest, 11,391 current international $, in 1993.

Iceland ranks 10th of 182 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, PPP in Iceland, year by year

Annual values for Households and NPISHs Final consumption expenditure per capita, PPP (current international $) in Iceland, 1990 to 2025.
Year current international $ Change
1990 11,404 current international $
1991 12,004 current international $ +5.3%
1992 11,776 current international $ -1.9%
1993 11,391 current international $ -3.3%
1994 11,860 current international $ +4.1%
1995 12,321 current international $ +3.9%
1996 12,914 current international $ +4.8%
1997 13,958 current international $ +8.1%
1998 15,018 current international $ +7.6%
1999 16,429 current international $ +9.4%
2000 16,401 current international $ -0.2%
2001 16,079 current international $ -2.0%
2002 16,083 current international $ +0.0%
2003 16,964 current international $ +5.5%
2004 18,514 current international $ +9.1%
2005 20,616 current international $ +11.4%
2006 21,767 current international $ +5.6%
2007 23,059 current international $ +5.9%
2008 21,806 current international $ -5.4%
2009 19,400 current international $ -11.0%
2010 19,283 current international $ -0.6%
2011 20,361 current international $ +5.6%
2012 21,257 current international $ +4.4%
2013 21,584 current international $ +1.5%
2014 22,223 current international $ +3.0%
2015 22,389 current international $ +0.7%
2016 23,081 current international $ +3.1%
2017 24,484 current international $ +6.1%
2018 25,516 current international $ +4.2%
2019 26,519 current international $ +3.9%
2020 26,942 current international $ +1.6%
2021 29,402 current international $ +9.1%
2022 34,088 current international $ +15.9%
2023 36,501 current international $ +7.1%
2024 37,274 current international $ +2.1%
2025 37,615 current international $ +0.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 12,907 current international $ 11,391 current international $ 16,429 current international $ 10
2000s 19,069 current international $ 16,079 current international $ 23,059 current international $ 10
2010s 22,670 current international $ 19,283 current international $ 26,519 current international $ 10
2020s 33,637 current international $ 26,942 current international $ 37,615 current international $ 6

Countries ranked near Iceland

  1. 7 Singapore 39,231 current international $ compare
  2. 8 Austria 38,480 current international $ compare
  3. 9 United Kingdom of Great Britain and Northern Ireland 37,689 current international $ compare
  4. 11 Macau, China 37,106 current international $ compare
  5. 12 Bermuda 36,813 current international $ compare
  6. 13 Netherlands 36,618 current international $ compare

See the full ranking of 225 places →

More economy & growth data for Iceland

All data for Iceland →

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 37,615 current 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 37,615 current international $ in 2025.
What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Iceland?
The lowest recorded value was 11,391 current international $ in 1993.
How does Iceland rank for households and npishs final consumption expenditure per capita, ppp?
Iceland ranks 10th out of 182 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 68.0%. 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 (current international $). Statizoid updates them automatically from the source API.

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Households and NPISHs Final consumption expenditure per capita, PPP in Iceland. Statizoid, drawing on 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. Retrieved 06 September 2026, from https://economy.statizoid.com/stat/households-and-npishs-final-consumption-expenditure-per-capita-ppp-current-international/iceland/

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About this data

Indicator
Households and NPISHs Final consumption expenditure per capita, PPP (current international $)
Unit
current international $
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
225 places, 6,836 data points, 1990–2025
Last refreshed

This indicator provides values for final consumption expenditure per person expressed in current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.