GDP (current US$), per capita in Iceland
Iceland: GDP (current US$), per capita was 86,578 current US$ per person in 2024. ◆ Volatile
GDP (current US$), per capita in Iceland, 1970–2024
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
Iceland recorded 86,578 current US$ per person for gdp (current us$), per capita in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 6.2% on the previous year and up 58.6% over ten years.
Over the whole period, gdp (current us$), per capita in Iceland peaked at 86,578 current US$ per person in 2024 and was at its lowest, 2,576 current US$ per person, in 1970.
Iceland ranks 11th 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 US$), per capita in Iceland, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1970 | 2,576 current US$ per person | — |
| 1971 | 3,252 current US$ per person | +26.2% |
| 1972 | 4,015 current US$ per person | +23.5% |
| 1973 | 5,437 current US$ per person | +35.4% |
| 1974 | 7,041 current US$ per person | +29.5% |
| 1975 | 6,454 current US$ per person | -8.3% |
| 1976 | 7,583 current US$ per person | +17.5% |
| 1977 | 9,957 current US$ per person | +31.3% |
| 1978 | 11,237 current US$ per person | +12.9% |
| 1979 | 12,641 current US$ per person | +12.5% |
| 1980 | 14,822 current US$ per person | +17.3% |
| 1981 | 15,137 current US$ per person | +2.1% |
| 1982 | 13,712 current US$ per person | -9.4% |
| 1983 | 11,672 current US$ per person | -14.9% |
| 1984 | 11,960 current US$ per person | +2.5% |
| 1985 | 12,361 current US$ per person | +3.4% |
| 1986 | 16,406 current US$ per person | +32.7% |
| 1987 | 22,453 current US$ per person | +36.9% |
| 1988 | 24,452 current US$ per person | +8.9% |
| 1989 | 22,434 current US$ per person | -8.3% |
| 1990 | 25,385 current US$ per person | +13.2% |
| 1991 | 26,803 current US$ per person | +5.6% |
| 1992 | 27,124 current US$ per person | +1.2% |
| 1993 | 23,580 current US$ per person | -13.1% |
| 1994 | 24,019 current US$ per person | +1.9% |
| 1995 | 26,634 current US$ per person | +10.9% |
| 1996 | 27,615 current US$ per person | +3.7% |
| 1997 | 27,919 current US$ per person | +1.1% |
| 1998 | 31,030 current US$ per person | +11.1% |
| 1999 | 32,382 current US$ per person | +4.4% |
| 2000 | 32,096 current US$ per person | -0.9% |
| 2001 | 28,898 current US$ per person | -10.0% |
| 2002 | 32,409 current US$ per person | +12.2% |
| 2003 | 39,477 current US$ per person | +21.8% |
| 2004 | 47,335 current US$ per person | +19.9% |
| 2005 | 56,795 current US$ per person | +20.0% |
| 2006 | 57,493 current US$ per person | +1.2% |
| 2007 | 69,496 current US$ per person | +20.9% |
| 2008 | 56,943 current US$ per person | -18.1% |
| 2009 | 41,301 current US$ per person | -27.5% |
| 2010 | 43,237 current US$ per person | +4.7% |
| 2011 | 47,714 current US$ per person | +10.4% |
| 2012 | 45,996 current US$ per person | -3.6% |
| 2013 | 49,805 current US$ per person | +8.3% |
| 2014 | 54,577 current US$ per person | +9.6% |
| 2015 | 52,952 current US$ per person | -3.0% |
| 2016 | 61,988 current US$ per person | +17.1% |
| 2017 | 72,010 current US$ per person | +16.2% |
| 2018 | 74,452 current US$ per person | +3.4% |
| 2019 | 68,452 current US$ per person | -8.1% |
| 2020 | 59,024 current US$ per person | -13.8% |
| 2021 | 69,178 current US$ per person | +17.2% |
| 2022 | 75,121 current US$ per person | +8.6% |
| 2023 | 81,554 current US$ per person | +8.6% |
| 2024 | 86,578 current US$ per person | +6.2% |
Iceland compared with similar countries
- Iceland's 86,578 current US$ per person is above the median for high income countries, which is 36,873 current US$ per person, 2.3× the median. (82 countries reporting)
- Iceland's 86,578 current US$ per person is above the median for Europe & Central Asia, which is 28,863 current US$ per person, 3.0× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7,019 current US$ per person | 2,576 current US$ per person | 12,641 current US$ per person | 10 |
| 1980s | 16,541 current US$ per person | 11,672 current US$ per person | 24,452 current US$ per person | 10 |
| 1990s | 27,249 current US$ per person | 23,580 current US$ per person | 32,382 current US$ per person | 10 |
| 2000s | 46,224 current US$ per person | 28,898 current US$ per person | 69,496 current US$ per person | 10 |
| 2010s | 57,118 current US$ per person | 43,237 current US$ per person | 74,452 current US$ per person | 10 |
| 2020s | 74,291 current US$ per person | 59,024 current US$ per person | 86,578 current US$ per person | 5 |
Countries ranked near Iceland
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 us$), per capita in Iceland?
- Gdp (current us$), per capita in Iceland was 86,578 current US$ per person in 2024, according to Statizoid (derived).
- What is the highest gdp (current us$), per capita recorded in Iceland?
- The highest recorded value was 86,578 current US$ per person in 2024.
- What is the lowest gdp (current us$), per capita recorded in Iceland?
- The lowest recorded value was 2,576 current US$ per person in 1970.
- How does Iceland rank for gdp (current us$), per capita?
- Iceland ranks 11th out of 211 countries with data for 2024.
- Is gdp (current us$), per capita rising or falling in Iceland?
- Over the last ten years it is up 58.6%. 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 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (current US$) 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 US$) ÷ Population, total
Computed from
- GDP UNESCO Institute for Statistics
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.