GDP per capita in Iceland

Iceland: GDP per capita was 11.41 million current LCU in 2024. β—† Volatile

Latest (2024)
11.41 million current LCU
Change on year
up 3.4%
World rank
15th
of 208 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

02.5M5.0M7.5M10.0M12.5M197019972024

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 208 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 12 Chile 15.77 million current LCU compare
  2. 13 Guinea 14.66 million current LCU compare
  3. 14 Argentina 12.68 million current LCU compare
  4. 16 Cambodia 10.70 million current LCU compare
  5. 17 Costa Rica 9.57 million current LCU compare
  6. 18 Hungary 8.52 million current LCU compare

See the full ranking of 211 places β†’

More population data for Iceland

All data for Iceland β†’

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 208 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.

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GDP per capita in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://population.statizoid.com/stat/gdp-per-capita-current-lcu-2/iceland/

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About this data

Indicator
GDP per capita (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release