GDP (current LCU), per capita in Iceland
Iceland: GDP (current LCU), per capita was 11.94 million current LCU per person in 2024. ◆ Volatile
GDP (current LCU), per capita in Iceland, 1970–2024
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
The most recent figure for gdp (current lcu), per capita in Iceland is 11.94 million current LCU per person, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 6.2% on the previous year and up 87.4% over ten years.
Over the whole period, gdp (current lcu), per capita in Iceland peaked at 11.94 million current LCU per person in 2024 and was at its lowest, 2,267 current LCU per person, in 1970.
Iceland ranks 15th of 211 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), per capita in Iceland, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1970 | 2,267 current LCU per person | — |
| 1971 | 2,862 current LCU per person | +26.2% |
| 1972 | 3,544 current LCU per person | +23.8% |
| 1973 | 4,901 current LCU per person | +38.3% |
| 1974 | 7,037 current LCU per person | +43.6% |
| 1975 | 9,920 current LCU per person | +41.0% |
| 1976 | 13,814 current LCU per person | +39.3% |
| 1977 | 19,802 current LCU per person | +43.3% |
| 1978 | 30,464 current LCU per person | +53.8% |
| 1979 | 44,571 current LCU per person | +46.3% |
| 1980 | 71,109 current LCU per person | +59.5% |
| 1981 | 109,355 current LCU per person | +53.8% |
| 1982 | 169,360 current LCU per person | +54.9% |
| 1983 | 289,961 current LCU per person | +71.2% |
| 1984 | 379,042 current LCU per person | +30.7% |
| 1985 | 513,084 current LCU per person | +35.4% |
| 1986 | 674,356 current LCU per person | +31.4% |
| 1987 | 868,425 current LCU per person | +28.8% |
| 1988 | 1.05 million current LCU per person | +21.1% |
| 1989 | 1.28 million current LCU per person | +21.7% |
| 1990 | 1.48 million current LCU per person | +15.6% |
| 1991 | 1.58 million current LCU per person | +6.9% |
| 1992 | 1.56 million current LCU per person | -1.3% |
| 1993 | 1.59 million current LCU per person | +2.1% |
| 1994 | 1.68 million current LCU per person | +5.4% |
| 1995 | 1.72 million current LCU per person | +2.6% |
| 1996 | 1.84 million current LCU per person | +6.6% |
| 1997 | 1.98 million current LCU per person | +7.8% |
| 1998 | 2.20 million current LCU per person | +11.2% |
| 1999 | 2.34 million current LCU per person | +6.4% |
| 2000 | 2.52 million current LCU per person | +7.7% |
| 2001 | 2.82 million current LCU per person | +11.6% |
| 2002 | 2.97 million current LCU per person | +5.5% |
| 2003 | 3.03 million current LCU per person | +1.9% |
| 2004 | 3.32 million current LCU per person | +9.7% |
| 2005 | 3.58 million current LCU per person | +7.7% |
| 2006 | 4.03 million current LCU per person | +12.8% |
| 2007 | 4.45 million current LCU per person | +10.3% |
| 2008 | 5.01 million current LCU per person | +12.5% |
| 2009 | 5.11 million current LCU per person | +2.0% |
| 2010 | 5.29 million current LCU per person | +3.5% |
| 2011 | 5.53 million current LCU per person | +4.7% |
| 2012 | 5.75 million current LCU per person | +4.0% |
| 2013 | 6.09 million current LCU per person | +5.8% |
| 2014 | 6.37 million current LCU per person | +4.7% |
| 2015 | 6.99 million current LCU per person | +9.6% |
| 2016 | 7.49 million current LCU per person | +7.2% |
| 2017 | 7.69 million current LCU per person | +2.7% |
| 2018 | 8.06 million current LCU per person | +4.8% |
| 2019 | 8.39 million current LCU per person | +4.1% |
| 2020 | 7.99 million current LCU per person | -4.8% |
| 2021 | 8.78 million current LCU per person | +9.9% |
| 2022 | 10.16 million current LCU per person | +15.7% |
| 2023 | 11.25 million current LCU per person | +10.7% |
| 2024 | 11.94 million current LCU per person | +6.2% |
Iceland compared with similar countries
- Iceland's 11.94 million current LCU per person is above the median for high income countries, which is 67,855 current LCU per person, 176.0× the median. (82 countries reporting)
- Iceland's 11.94 million current LCU per person is above the median for Europe & Central Asia, which is 63,029 current LCU per person, 189.5× the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), per capita in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +71.2% | 169,360 current LCU per person | 289,961 current LCU per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13,918 current LCU per person | 2,267 current LCU per person | 44,571 current LCU per person | 10 |
| 1980s | 540,617 current LCU per person | 71,109 current LCU per person | 1.28 million current LCU per person | 10 |
| 1990s | 1.80 million current LCU per person | 1.48 million current LCU per person | 2.34 million current LCU per person | 10 |
| 2000s | 3.68 million current LCU per person | 2.52 million current LCU per person | 5.11 million current LCU per person | 10 |
| 2010s | 6.77 million current LCU per person | 5.29 million current LCU per person | 8.39 million current LCU per person | 10 |
| 2020s | 10.03 million current LCU per person | 7.99 million current LCU per person | 11.94 million current LCU per person | 5 |
Countries ranked near Iceland
- 12 Chile 15.77 million current LCU per person compare
- 13 Guinea 14.66 million current LCU per person compare
- 14 Argentina 12.68 million current LCU per person compare
- 16 Cambodia 10.70 million current LCU per person compare
- 17 Costa Rica 9.57 million current LCU per person compare
- 18 Hungary 8.52 million current LCU per person 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)
- World population growth -0.5% (2100)
- Population density 3.6 people per km² (2100)
- Number of children under 5, by world region 13,661 people (2100)
Frequently asked questions
- What is gdp (current lcu), per capita in Iceland?
- Gdp (current lcu), per capita in Iceland was 11.94 million current LCU per person in 2024, according to Statizoid (derived).
- What is the highest gdp (current lcu), per capita recorded in Iceland?
- The highest recorded value was 11.94 million current LCU per person in 2024.
- What is the lowest gdp (current lcu), per capita recorded in Iceland?
- The lowest recorded value was 2,267 current LCU per person in 1970.
- How does Iceland rank for gdp (current lcu), per capita?
- Iceland ranks 15th out of 211 countries with data for 2024.
- Is gdp (current lcu), per capita rising or falling in Iceland?
- Over the last ten years it is up 87.4%. 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 GDP (current LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (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.
GDP (current LCU) ÷ Population, total
Computed from
- GDP UNESCO Institute for Statistics
- Population, total World Population Prospects, United Nations (UN)
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
GDP (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.