Annual household final … Annual purpose non-residents residents in Iceland
Iceland: Annual household final … Annual purpose non-residents residents was 131.39 Index in 2025. ▲ Rising
Annual household final consumption expenditure by purpose (COICOP) in Iceland, 1995–2025
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
Iceland recorded 131.39 Index for annual household final consumption expenditure by purpose (coicop) in 2025. That is the highest value across all 31 years on record.
The figure is up 5.3% on the previous year and up 46.8% over ten years.
Over the whole period, annual household final consumption expenditure by purpose (coicop) in Iceland peaked at 131.39 Index in 2025 and was at its lowest, 36.28 Index, in 1995.
That places Iceland 5th out of 27 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Annual household final … Annual purpose non-residents residents in Iceland, year by year
| Year | Index | Change |
|---|---|---|
| 1995 | 36.28 Index | — |
| 1996 | 37.22 Index | +2.6% |
| 1997 | 37.6 Index | +1.0% |
| 1998 | 37.97 Index | +1.0% |
| 1999 | 39.22 Index | +3.3% |
| 2000 | 41.57 Index | +6.0% |
| 2001 | 44.37 Index | +6.7% |
| 2002 | 46.88 Index | +5.7% |
| 2003 | 47.45 Index | +1.2% |
| 2004 | 49.15 Index | +3.6% |
| 2005 | 50.18 Index | +2.1% |
| 2006 | 53.4 Index | +6.4% |
| 2007 | 56.11 Index | +5.1% |
| 2008 | 63.05 Index | +12.4% |
| 2009 | 72.22 Index | +14.5% |
| 2010 | 75.46 Index | +4.5% |
| 2011 | 78.15 Index | +3.6% |
| 2012 | 82.75 Index | +5.9% |
| 2013 | 86.11 Index | +4.1% |
| 2014 | 88.47 Index | +2.7% |
| 2015 | 89.52 Index | +1.2% |
| 2016 | 91.57 Index | +2.3% |
| 2017 | 91.43 Index | -0.2% |
| 2018 | 93.57 Index | +2.3% |
| 2019 | 96.91 Index | +3.6% |
| 2020 | 100 Index | +3.2% |
| 2021 | 103.03 Index | +3.0% |
| 2022 | 110.66 Index | +7.4% |
| 2023 | 119.08 Index | +7.6% |
| 2024 | 124.82 Index | +4.8% |
| 2025 | 131.39 Index | +5.3% |
Iceland compared with similar countries
- Iceland's 131.39 Index is above the median for high income countries, which is 117.71 Index, 1.1× the median. (25 countries reporting)
- Iceland's 131.39 Index is above the median for Europe & Central Asia, which is 116.1 Index, 1.1× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37.66 Index | 36.28 Index | 39.22 Index | 5 |
| 2000s | 52.44 Index | 41.57 Index | 72.22 Index | 10 |
| 2010s | 87.39 Index | 75.46 Index | 96.91 Index | 10 |
| 2020s | 114.83 Index | 100 Index | 131.39 Index | 6 |
Countries ranked near Iceland
- 2 Romania 138.68 Index compare
- 2 Poland 131.73 Index compare
- 3 Colombia 135.99 Index compare
- 3 Estonia 121.87 Index compare
- 4 Netherlands 119.82 Index compare
- 4 Chile 135.26 Index compare
- 5 Latvia 119.04 Index compare
- 6 Slovenia 113.53 Index compare
- 6 United Kingdom 128.09 Index compare
- 7 Bulgaria 123.48 Index compare
- 8 Mexico 122.81 Index compare
More population data for Iceland
- Population regions with projections, annual growth rate -0.4984 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -5.08 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.4984 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.2688 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 408.78 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.4806 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.6617 % change on previous year (2100)
- Population growth rate -0.502 (2100)
- Population density 3.6 (2100)
- Projected population under age 5 13,661 (2100)
Frequently asked questions
- What is annual household final consumption expenditure by purpose (coicop) in Iceland?
- Annual household final consumption expenditure by purpose (coicop) in Iceland was 131.39 Index in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest annual household final consumption expenditure by purpose (coicop) recorded in Iceland?
- The highest recorded value was 131.39 Index in 2025.
- What is the lowest annual household final consumption expenditure by purpose (coicop) recorded in Iceland?
- The lowest recorded value was 36.28 Index in 1995.
- How does Iceland rank for annual household final consumption expenditure by purpose (coicop)?
- Iceland ranks 5th out of 27 countries with data for 2025.
- Is annual household final consumption expenditure by purpose (coicop) rising or falling in Iceland?
- Over the last ten years it is up 46.8%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual household final consumption expenditure by purpose (COICOP) — Final consumption expenditure of residents and non-residents on the territory. Statizoid updates them automatically from the source API.
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About this data
This table presents the final consumption expenditure of households broken down by the Classification of Individual Consumption According to Purpose (COICOP). The totals are for all final consumption expenditure in the domestic economy, whether by residents or non-residents. For countries for which data on Annual household final consumption expenditure by purpose are already available according to the COICOP 2018 classification, statistics can be found in dataset: Annual household final consumption expenditure by purpose (COICOP 2018) The COICOP provides detailed breakdowns, so the presentation is on a country-by-country basis and users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. However, it is also possible to select a small number of expenditure categories in the ‘Expenditure’ filter to compare results for several countries. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. The information is presented in current prices, but users can select chain linked volumes and previous year prices using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE5 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org