Statizoid

Households and NPISHs Final consumption expenditure, PPP (constant) in Iceland

Iceland: Households and NPISHs Final consumption expenditure, PPP (constant) was 0.3229 constant 2021 international $ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.3229 constant 2021 international $ per US$ of GDP
Change on year
down 10.3%
World rank
166th
of 170 countries
All-time high
0.8332 constant 2021 international $ per US$ of GDP
in 2001
All-time low
0.3229 constant 2021 international $ per US$ of GDP
in 2025
Years of data
36
1990–2025

Households and NPISHs Final consumption expenditure, PPP (constant) in Iceland, 1990–2025

00.20.40.60.81990200720251990: 0.767 constant 2021 international $ per US$ of GDP1991: 0.739 constant 2021 international $ per US$ of GDP1992: 0.698 constant 2021 international $ per US$ of GDP1993: 0.758 constant 2021 international $ per US$ of GDP1994: 0.759 constant 2021 international $ per US$ of GDP1995: 0.695 constant 2021 international $ per US$ of GDP1996: 0.7 constant 2021 international $ per US$ of GDP1997: 0.742 constant 2021 international $ per US$ of GDP1998: 0.741 constant 2021 international $ per US$ of GDP1999: 0.754 constant 2021 international $ per US$ of GDP2000: 0.78 constant 2021 international $ per US$ of GDP2001: 0.833 constant 2021 international $ per US$ of GDP2002: 0.731 constant 2021 international $ per US$ of GDP2003: 0.631 constant 2021 international $ per US$ of GDP2004: 0.56 constant 2021 international $ per US$ of GDP2005: 0.509 constant 2021 international $ per US$ of GDP2006: 0.513 constant 2021 international $ per US$ of GDP2007: 0.44 constant 2021 international $ per US$ of GDP2008: 0.494 constant 2021 international $ per US$ of GDP2009: 0.598 constant 2021 international $ per US$ of GDP2010: 0.567 constant 2021 international $ per US$ of GDP2011: 0.524 constant 2021 international $ per US$ of GDP2012: 0.551 constant 2021 international $ per US$ of GDP2013: 0.511 constant 2021 international $ per US$ of GDP2014: 0.472 constant 2021 international $ per US$ of GDP2015: 0.497 constant 2021 international $ per US$ of GDP2016: 0.439 constant 2021 international $ per US$ of GDP2017: 0.396 constant 2021 international $ per US$ of GDP2018: 0.386 constant 2021 international $ per US$ of GDP2019: 0.416 constant 2021 international $ per US$ of GDP2020: 0.46 constant 2021 international $ per US$ of GDP2021: 0.417 constant 2021 international $ per US$ of GDP2022: 0.404 constant 2021 international $ per US$ of GDP2023: 0.373 constant 2021 international $ per US$ of GDP2024: 0.36 constant 2021 international $ per US$ of GDP2025: 0.323 constant 2021 international $ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2021 international $ per US$ of GDP.

Analysis

The most recent figure for households and npishs final consumption expenditure, ppp (constant) in Iceland is 0.3229 constant 2021 international $ per US$ of GDP, measured in 2025. That is the lowest value across all 36 years on record.

The figure is down 10.3% on the previous year and down 35.0% over ten years.

Over the whole period, households and npishs final consumption expenditure, ppp (constant) in Iceland peaked at 0.8332 constant 2021 international $ per US$ of GDP in 2001 and was at its lowest, 0.3229 constant 2021 international $ per US$ of GDP, in 2025.

That places Iceland 166th out of 170 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 36 years of available data.

Households and NPISHs Final consumption expenditure, PPP (constant) in Iceland, year by year

Year constant 2021 international $ per US$ of GDP Change
1990 0.7665 constant 2021 international $ per US$ of GDP —
1991 0.7392 constant 2021 international $ per US$ of GDP -3.6%
1992 0.6979 constant 2021 international $ per US$ of GDP -5.6%
1993 0.7579 constant 2021 international $ per US$ of GDP +8.6%
1994 0.7588 constant 2021 international $ per US$ of GDP +0.1%
1995 0.6953 constant 2021 international $ per US$ of GDP -8.4%
1996 0.7005 constant 2021 international $ per US$ of GDP +0.7%
1997 0.7416 constant 2021 international $ per US$ of GDP +5.9%
1998 0.7406 constant 2021 international $ per US$ of GDP -0.1%
1999 0.7535 constant 2021 international $ per US$ of GDP +1.7%
2000 0.7805 constant 2021 international $ per US$ of GDP +3.6%
2001 0.8332 constant 2021 international $ per US$ of GDP +6.7%
2002 0.7311 constant 2021 international $ per US$ of GDP -12.2%
2003 0.6306 constant 2021 international $ per US$ of GDP -13.7%
2004 0.5596 constant 2021 international $ per US$ of GDP -11.3%
2005 0.5089 constant 2021 international $ per US$ of GDP -9.1%
2006 0.5126 constant 2021 international $ per US$ of GDP +0.7%
2007 0.4402 constant 2021 international $ per US$ of GDP -14.1%
2008 0.4943 constant 2021 international $ per US$ of GDP +12.3%
2009 0.5984 constant 2021 international $ per US$ of GDP +21.0%
2010 0.567 constant 2021 international $ per US$ of GDP -5.2%
2011 0.5239 constant 2021 international $ per US$ of GDP -7.6%
2012 0.5506 constant 2021 international $ per US$ of GDP +5.1%
2013 0.5111 constant 2021 international $ per US$ of GDP -7.2%
2014 0.4719 constant 2021 international $ per US$ of GDP -7.7%
2015 0.497 constant 2021 international $ per US$ of GDP +5.3%
2016 0.4393 constant 2021 international $ per US$ of GDP -11.6%
2017 0.3959 constant 2021 international $ per US$ of GDP -9.9%
2018 0.3858 constant 2021 international $ per US$ of GDP -2.5%
2019 0.4156 constant 2021 international $ per US$ of GDP +7.7%
2020 0.4596 constant 2021 international $ per US$ of GDP +10.6%
2021 0.4175 constant 2021 international $ per US$ of GDP -9.2%
2022 0.404 constant 2021 international $ per US$ of GDP -3.2%
2023 0.3734 constant 2021 international $ per US$ of GDP -7.6%
2024 0.3599 constant 2021 international $ per US$ of GDP -3.6%
2025 0.3229 constant 2021 international $ per US$ of GDP -10.3%

Iceland compared with similar countries

  • Iceland's 0.3229 constant 2021 international $ per US$ of GDP is below the median for high income countries, which is 0.6072 constant 2021 international $ per US$ of GDP, 53% of the median. (62 countries reporting)
  • Iceland's 0.3229 constant 2021 international $ per US$ of GDP is below the median for Europe & Central Asia, which is 0.7442 constant 2021 international $ per US$ of GDP, 43% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.7352 constant 2021 international $ per US$ of GDP 0.6953 constant 2021 international $ per US$ of GDP 0.7665 constant 2021 international $ per US$ of GDP 10
2000s 0.6089 constant 2021 international $ per US$ of GDP 0.4402 constant 2021 international $ per US$ of GDP 0.8332 constant 2021 international $ per US$ of GDP 10
2010s 0.4758 constant 2021 international $ per US$ of GDP 0.3858 constant 2021 international $ per US$ of GDP 0.567 constant 2021 international $ per US$ of GDP 10
2020s 0.3895 constant 2021 international $ per US$ of GDP 0.3229 constant 2021 international $ per US$ of GDP 0.4596 constant 2021 international $ per US$ of GDP 6

Countries ranked near Iceland

  1. 163 Israel 0.355 constant 2021 international $ per US$ of GDP compare
  2. 164 Denmark 0.344 constant 2021 international $ per US$ of GDP compare
  3. 165 Singapore 0.3348 constant 2021 international $ per US$ of GDP compare
  4. 167 Switzerland 0.3137 constant 2021 international $ per US$ of GDP compare
  5. 168 Bermuda 0.286 constant 2021 international $ per US$ of GDP compare
  6. 169 Luxembourg 0.2662 constant 2021 international $ per US$ of GDP compare

See the full ranking of 211 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is households and npishs final consumption expenditure, ppp (constant) in Iceland?
Households and npishs final consumption expenditure, ppp (constant) in Iceland was 0.3229 constant 2021 international $ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest households and npishs final consumption expenditure, ppp (constant) recorded in Iceland?
The highest recorded value was 0.8332 constant 2021 international $ per US$ of GDP in 2001.
What is the lowest households and npishs final consumption expenditure, ppp (constant) recorded in Iceland?
The lowest recorded value was 0.3229 constant 2021 international $ per US$ of GDP in 2025.
How does Iceland rank for households and npishs final consumption expenditure, ppp (constant)?
Iceland ranks 166th out of 170 countries with data for 2025.
Is households and npishs final consumption expenditure, ppp (constant) rising or falling in Iceland?
Over the last ten years it is down 35.0%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $), per unit of GDP. Statizoid updates them automatically from the source API.

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Households and NPISHs Final consumption expenditure, PPP (constant) in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/households-and-npishs-final-consumption-expenditure-ppp-constant-2021-international-per-2/iceland/

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How this figure is calculated

Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $) divided by GDP (current US$), 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, PPP (constant 2021 international $) ÷ GDP (current US$)

Computed from

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

Indicator
Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $), per unit of GDP
Unit
constant 2021 international $ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 6,553 data points, 1990–2025
Last refreshed

Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.