General government total expenditure (current LCU), per capita in Iceland

Iceland: General government total expenditure (current LCU), per capita was 5.59 million current LCU per person in 2025. ◆ Volatile

Latest (2025)
5.59 million current LCU per person
Change on year
up 1.3%
World rank
10th
of 195 countries
All-time high
5.59 million current LCU per person
in 2025
All-time low
24,476 current LCU per person
in 1980
Years of data
46
1980–2025

General government total expenditure (current LCU), per capita in Iceland, 1980–2025

02.0M4.0M6.0M198020022025

Source: Statizoid (derived). Measured in current LCU per person.

Analysis

In 2025, general government total expenditure (current lcu), per capita in Iceland stood at 5.59 million current LCU per person. That is the highest value across all 46 years on record.

That represents a change of up 1.3% on the previous year and up 84.2% over ten years.

Over the whole period, general government total expenditure (current lcu), per capita in Iceland peaked at 5.59 million current LCU per person in 2025 and was at its lowest, 24,476 current LCU per person, in 1980.

That places Iceland 10th out of 195 countries with data for 2025, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

General government total expenditure (current LCU), per capita in Iceland, year by year

Annual values for General government total expenditure (current LCU), per capita in Iceland, 1980 to 2025.
Year current LCU per person Change
1980 24,476 current LCU per person
1981 39,137 current LCU per person +59.9%
1982 61,789 current LCU per person +57.9%
1983 110,593 current LCU per person +79.0%
1984 132,641 current LCU per person +19.9%
1985 191,413 current LCU per person +44.3%
1986 267,748 current LCU per person +39.9%
1987 319,191 current LCU per person +19.2%
1988 438,372 current LCU per person +37.3%
1989 552,117 current LCU per person +25.9%
1990 633,475 current LCU per person +14.7%
1991 681,424 current LCU per person +7.6%
1992 699,816 current LCU per person +2.7%
1993 719,719 current LCU per person +2.8%
1994 755,854 current LCU per person +5.0%
1995 764,488 current LCU per person +1.1%
1996 806,917 current LCU per person +5.5%
1997 833,798 current LCU per person +3.3%
1998 899,937 current LCU per person +7.9%
1999 1.06 million current LCU per person +18.1%
2000 1.13 million current LCU per person +6.4%
2001 1.33 million current LCU per person +18.0%
2002 1.35 million current LCU per person +1.2%
2003 1.45 million current LCU per person +7.2%
2004 1.55 million current LCU per person +7.2%
2005 1.61 million current LCU per person +3.8%
2006 1.81 million current LCU per person +12.4%
2007 1.99 million current LCU per person +10.1%
2008 3.17 million current LCU per person +59.4%
2009 2.74 million current LCU per person -13.8%
2010 2.58 million current LCU per person -5.7%
2011 2.80 million current LCU per person +8.4%
2012 2.75 million current LCU per person -1.8%
2013 2.80 million current LCU per person +1.9%
2014 2.92 million current LCU per person +4.4%
2015 3.04 million current LCU per person +4.0%
2016 3.48 million current LCU per person +14.5%
2017 3.42 million current LCU per person -1.8%
2018 3.54 million current LCU per person +3.5%
2019 3.66 million current LCU per person +3.4%
2020 4.08 million current LCU per person +11.7%
2021 4.36 million current LCU per person +6.6%
2022 4.74 million current LCU per person +8.9%
2023 5.10 million current LCU per person +7.5%
2024 5.52 million current LCU per person +8.4%
2025 5.59 million current LCU per person +1.3%

Averages by decade

DecadeAverage LowestHighest Years
1980s 213,748 current LCU per person 24,476 current LCU per person 552,117 current LCU per person 10
1990s 785,869 current LCU per person 633,475 current LCU per person 1.06 million current LCU per person 10
2000s 1.81 million current LCU per person 1.13 million current LCU per person 3.17 million current LCU per person 10
2010s 3.10 million current LCU per person 2.58 million current LCU per person 3.66 million current LCU per person 10
2020s 4.90 million current LCU per person 4.08 million current LCU per person 5.59 million current LCU per person 6

Countries ranked near Iceland

  1. 7 Mongolia 8.91 million current LCU per person compare
  2. 8 Lao People's Democratic Republic 8.02 million current LCU per person compare
  3. 9 Argentina 5.94 million current LCU per person compare
  4. 11 Chile 4.50 million current LCU per person compare
  5. 12 Hungary 4.33 million current LCU per person compare
  6. 13 Sierra Leone 3.34 million current LCU per person compare

See the full ranking of 195 places →

More population data for Iceland

All data for Iceland →

Frequently asked questions

What is general government total expenditure (current lcu), per capita in Iceland?
General government total expenditure (current lcu), per capita in Iceland was 5.59 million current LCU per person in 2025, according to Statizoid (derived).
What is the highest general government total expenditure (current lcu), per capita recorded in Iceland?
The highest recorded value was 5.59 million current LCU per person in 2025.
What is the lowest general government total expenditure (current lcu), per capita recorded in Iceland?
The lowest recorded value was 24,476 current LCU per person in 1980.
How does Iceland rank for general government total expenditure (current lcu), per capita?
Iceland ranks 10th out of 195 countries with data for 2025.
Is general government total expenditure (current lcu), per capita rising or falling in Iceland?
Over the last ten years it is up 84.2%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of General government total expenditure (current LCU), per capita. Statizoid updates them automatically from the source API.

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General government total expenditure (current LCU), per capita in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 26 August 2026, from https://population.statizoid.com/stat/general-government-total-expenditure-current-lcu-per-capita/iceland/

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<a href="https://population.statizoid.com/stat/general-government-total-expenditure-current-lcu-per-capita/iceland/">General government total expenditure (current LCU), per capita in Iceland</a> — Statizoid

How this figure is calculated

General government total expenditure (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

General government total expenditure (current LCU) ÷ Population, total

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
General government total expenditure (current LCU), per capita
Unit
current LCU per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
195 places, 8,943 data points, 1980–2025
Last refreshed

General government total expenditure (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.