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Economy > Spending > Final consumption expenditure Stats: compare key data on Iceland & United States

Definitions

  • Constant 2000 US$: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars.
  • Constant 2000 US$ per capita: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Constant 2000 US$, % of GDP: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Constant LCU: Final consumption expenditure (constant LCU). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.
  • Constant LCU per capita: Final consumption expenditure (constant LCU). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency. Figures expressed per capita for the same year.
  • Current LCU: Final consumption expenditure (current LCU). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.
  • Current LCU per capita: Final consumption expenditure (current LCU). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency. Figures expressed per capita for the same year.
  • Current US$: Final consumption expenditure (current US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.
  • Current US$ per capita: Final consumption expenditure (current US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Current US$, % of GDP: Final consumption expenditure (current US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
STAT Iceland United States HISTORY
Constant 2000 US$ $12.99 billion
Ranked 72nd.
$11.80 trillion
Ranked 1st. 909 times more than Iceland

Constant 2000 US$ per capita $40,562.15
Ranked 3rd. 8% more than United States
$37,586.27
Ranked 5th.

Constant 2000 US$, % of GDP 95.09%
Ranked 4th. 26% more than United States
75.22%
Ranked 12th.

Constant LCU 817.85 billion
Ranked 47th.
11.8 trillion
Ranked 13th. 14 times more than Iceland

Constant LCU per capita 2.55 million
Ranked 10th. 68 times more than United States
37,586.27
Ranked 44th.

Current LCU 1.34 trillion
Ranked 52nd.
13.7 trillion
Ranked 18th. 10 times more than Iceland

Current LCU per capita 4.2 million
Ranked 9th. 96 times more than United States
43,634.88
Ranked 59th.

Current US$ $10.74 billion
Ranked 91st.
$13.70 trillion
Ranked 1st. 1275 times more than Iceland

Current US$ per capita $33,545.26
Ranked 15th.
$43,634.88
Ranked 6th. 30% more than Iceland

Current US$, % of GDP 78.64%
Ranked 72nd.
87.33%
Ranked 39th. 11% more than Iceland

SOURCES: World Bank national accounts data; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.

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