GDP per capita (current LCU) (UNESCO Institute) in Iceland
Iceland: GDP per capita (current LCU) (UNESCO Institute) was 11.41 million current LCU in 2024. ◆ Volatile
Latest (2024)
11.41 million current LCU
Change on year
up 3.4%
World rank
15th
of 211 countries
All-time high
11.41 million current LCU
in 2024
All-time low
2,267 current LCU
in 1970
Years of data
55
1970–2024
GDP per capita in Iceland, 1970–2024
Source: UNESCO Institute for Statistics. Measured in current LCU.
Analysis
The most recent figure for gdp per capita in Iceland is 11.41 million current LCU, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 3.4% on the previous year and up 79.0% over ten years.
Over the whole period, gdp per capita in Iceland peaked at 11.41 million current LCU in 2024 and was at its lowest, 2,267 current LCU, in 1970.
That places Iceland 15th out of 211 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita (current LCU) (UNESCO Institute) in Iceland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 2,267 current LCU | — |
| 1971 | 2,862 current LCU | +26.2% |
| 1972 | 3,544 current LCU | +23.8% |
| 1973 | 4,901 current LCU | +38.3% |
| 1974 | 7,037 current LCU | +43.6% |
| 1975 | 9,920 current LCU | +41.0% |
| 1976 | 13,814 current LCU | +39.3% |
| 1977 | 19,802 current LCU | +43.3% |
| 1978 | 30,464 current LCU | +53.8% |
| 1979 | 44,571 current LCU | +46.3% |
| 1980 | 71,109 current LCU | +59.5% |
| 1981 | 109,355 current LCU | +53.8% |
| 1982 | 169,361 current LCU | +54.9% |
| 1983 | 289,960 current LCU | +71.2% |
| 1984 | 379,042 current LCU | +30.7% |
| 1985 | 513,084 current LCU | +35.4% |
| 1986 | 674,358 current LCU | +31.4% |
| 1987 | 868,426 current LCU | +28.8% |
| 1988 | 1.05 million current LCU | +21.1% |
| 1989 | 1.28 million current LCU | +21.7% |
| 1990 | 1.48 million current LCU | +15.6% |
| 1991 | 1.58 million current LCU | +6.9% |
| 1992 | 1.56 million current LCU | -1.3% |
| 1993 | 1.59 million current LCU | +2.1% |
| 1994 | 1.68 million current LCU | +5.4% |
| 1995 | 1.72 million current LCU | +2.6% |
| 1996 | 1.84 million current LCU | +6.6% |
| 1997 | 1.98 million current LCU | +7.8% |
| 1998 | 2.20 million current LCU | +11.2% |
| 1999 | 2.34 million current LCU | +6.4% |
| 2000 | 2.52 million current LCU | +7.7% |
| 2001 | 2.82 million current LCU | +11.6% |
| 2002 | 2.97 million current LCU | +5.5% |
| 2003 | 3.03 million current LCU | +1.9% |
| 2004 | 3.32 million current LCU | +9.7% |
| 2005 | 3.58 million current LCU | +7.7% |
| 2006 | 4.03 million current LCU | +12.8% |
| 2007 | 4.45 million current LCU | +10.3% |
| 2008 | 5.01 million current LCU | +12.5% |
| 2009 | 5.11 million current LCU | +2.0% |
| 2010 | 5.29 million current LCU | +3.5% |
| 2011 | 5.53 million current LCU | +4.7% |
| 2012 | 5.75 million current LCU | +4.0% |
| 2013 | 6.09 million current LCU | +5.8% |
| 2014 | 6.37 million current LCU | +4.7% |
| 2015 | 6.99 million current LCU | +9.6% |
| 2016 | 7.49 million current LCU | +7.2% |
| 2017 | 7.69 million current LCU | +2.7% |
| 2018 | 8.06 million current LCU | +4.8% |
| 2019 | 8.39 million current LCU | +4.1% |
| 2020 | 7.99 million current LCU | -4.8% |
| 2021 | 8.78 million current LCU | +9.9% |
| 2022 | 10.16 million current LCU | +15.7% |
| 2023 | 11.03 million current LCU | +8.5% |
| 2024 | 11.41 million current LCU | +3.4% |
Iceland compared with similar countries
- Iceland's 11.41 million current LCU is above the median for high income countries, which is 67,855 current LCU, 168.1× the median. (82 countries reporting)
- Iceland's 11.41 million current LCU is above the median for Europe & Central Asia, which is 63,027 current LCU, 181.0× the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP per capita (current LCU) (UNESCO Institute) 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% | 169,361 current LCU | 289,960 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13,918 current LCU | 2,267 current LCU | 44,571 current LCU | 10 |
| 1980s | 540,618 current LCU | 71,109 current LCU | 1.28 million current LCU | 10 |
| 1990s | 1.80 million current LCU | 1.48 million current LCU | 2.34 million current LCU | 10 |
| 2000s | 3.68 million current LCU | 2.52 million current LCU | 5.11 million current LCU | 10 |
| 2010s | 6.77 million current LCU | 5.29 million current LCU | 8.39 million current LCU | 10 |
| 2020s | 9.88 million current LCU | 7.99 million current LCU | 11.41 million current LCU | 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)
- Population growth rate -0.502 (2100)
- Population density 3.6 (2100)
- Projected population under age 5 13,661 (2100)
Frequently asked questions
- What is gdp per capita in Iceland?
- Gdp per capita in Iceland was 11.41 million current LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp per capita recorded in Iceland?
- The highest recorded value was 11.41 million current LCU in 2024.
- What is the lowest gdp per capita recorded in Iceland?
- The lowest recorded value was 2,267 current LCU in 1970.
- How does Iceland rank for gdp per capita?
- Iceland ranks 15th out of 211 countries with data for 2024.
- Is gdp per capita rising or falling in Iceland?
- Over the last ten years it is up 79.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP per capita (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release