Households and NPISHs Final consumption expenditure, PPP in Iceland
Iceland: Households and NPISHs Final consumption expenditure, PPP was 14.76 billion current international $ in 2025. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Iceland, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Iceland recorded 14.76 billion current international $ for households and npishs final consumption expenditure, ppp in 2025. That is the highest value across all 36 years on record.
The figure is up 2.5% on the previous year and up 99.3% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Iceland peaked at 14.76 billion current international $ in 2025 and was at its lowest, 2.91 billion current international $, in 1990.
That places Iceland 145th out of 181 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Households and NPISHs Final consumption expenditure, PPP in Iceland, year by year
| Year | current international $ | Change |
|---|---|---|
| 1990 | 2.91 billion current international $ | — |
| 1991 | 3.09 billion current international $ | +6.5% |
| 1992 | 3.07 billion current international $ | -0.7% |
| 1993 | 3.00 billion current international $ | -2.3% |
| 1994 | 3.16 billion current international $ | +5.0% |
| 1995 | 3.30 billion current international $ | +4.4% |
| 1996 | 3.47 billion current international $ | +5.4% |
| 1997 | 3.78 billion current international $ | +9.0% |
| 1998 | 4.12 billion current international $ | +8.7% |
| 1999 | 4.56 billion current international $ | +10.7% |
| 2000 | 4.61 billion current international $ | +1.2% |
| 2001 | 4.58 billion current international $ | -0.6% |
| 2002 | 4.62 billion current international $ | +0.9% |
| 2003 | 4.91 billion current international $ | +6.2% |
| 2004 | 5.41 billion current international $ | +10.1% |
| 2005 | 6.12 billion current international $ | +13.1% |
| 2006 | 6.61 billion current international $ | +8.1% |
| 2007 | 7.18 billion current international $ | +8.7% |
| 2008 | 6.92 billion current international $ | -3.7% |
| 2009 | 6.18 billion current international $ | -10.7% |
| 2010 | 6.13 billion current international $ | -0.7% |
| 2011 | 6.50 billion current international $ | +5.9% |
| 2012 | 6.82 billion current international $ | +5.0% |
| 2013 | 6.99 billion current international $ | +2.5% |
| 2014 | 7.28 billion current international $ | +4.1% |
| 2015 | 7.41 billion current international $ | +1.8% |
| 2016 | 7.74 billion current international $ | +4.5% |
| 2017 | 8.41 billion current international $ | +8.6% |
| 2018 | 9.00 billion current international $ | +7.0% |
| 2019 | 9.56 billion current international $ | +6.2% |
| 2020 | 9.87 billion current international $ | +3.3% |
| 2021 | 10.95 billion current international $ | +10.9% |
| 2022 | 13.02 billion current international $ | +18.9% |
| 2023 | 14.08 billion current international $ | +8.1% |
| 2024 | 14.41 billion current international $ | +2.3% |
| 2025 | 14.76 billion current international $ | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.45 billion current international $ | 2.91 billion current international $ | 4.56 billion current international $ | 10 |
| 2000s | 5.72 billion current international $ | 4.58 billion current international $ | 7.18 billion current international $ | 10 |
| 2010s | 7.58 billion current international $ | 6.13 billion current international $ | 9.56 billion current international $ | 10 |
| 2020s | 12.85 billion current international $ | 9.87 billion current international $ | 14.76 billion current international $ | 6 |
Countries ranked near Iceland
- 142 Gabon 16.84 billion current international $ compare
- 143 Equatorial Guinea 15.55 billion current international $ compare
- 144 Montenegro 15.13 billion current international $ compare
- 146 Brunei 10.93 billion current international $ compare
- 147 Fiji 10.29 billion current international $ compare
- 148 Bahamas 9.20 billion current 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)
- Industry (including construction), value added (constant 2015 US$) -1.23 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1135 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 11,161 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -1.23 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 17.85 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1.75 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 17.85 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6623 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Iceland?
- Households and npishs final consumption expenditure, ppp in Iceland was 14.76 billion current international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Iceland?
- The highest recorded value was 14.76 billion current international $ in 2025.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Iceland?
- The lowest recorded value was 2.91 billion current international $ in 1990.
- How does Iceland rank for households and npishs final consumption expenditure, ppp?
- Iceland ranks 145th out of 181 countries with data for 2025.
- Is households and npishs final consumption expenditure, ppp rising or falling in Iceland?
- Over the last ten years it is up 99.3%. 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), published as part of Households and NPISHs Final consumption expenditure, PPP (current international $). 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 indicator provides values for final consumption expenditure 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. 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.