GDP per capita (current US$) (UNESCO Institute) in Iceland
Iceland: GDP per capita (current US$) (UNESCO Institute) was 82,704 current US$ in 2024. ◆ Volatile
Latest (2024)
82,704 current US$
Change on year
up 3.4%
World rank
12th
of 211 countries
All-time high
82,704 current US$
in 2024
All-time low
2,576 current US$
in 1970
Years of data
55
1970–2024
GDP per capita in Iceland, 1970–2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
In 2024, gdp per capita in Iceland stood at 82,704 current US$. 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 51.5% over ten years.
Over the whole period, gdp per capita in Iceland peaked at 82,704 current US$ in 2024 and was at its lowest, 2,576 current US$, in 1970.
That places Iceland 12th out of 211 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita (current US$) (UNESCO Institute) in Iceland, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 2,576 current US$ | — |
| 1971 | 3,252 current US$ | +26.2% |
| 1972 | 4,015 current US$ | +23.5% |
| 1973 | 5,437 current US$ | +35.4% |
| 1974 | 7,041 current US$ | +29.5% |
| 1975 | 6,454 current US$ | -8.3% |
| 1976 | 7,583 current US$ | +17.5% |
| 1977 | 9,957 current US$ | +31.3% |
| 1978 | 11,237 current US$ | +12.8% |
| 1979 | 12,641 current US$ | +12.5% |
| 1980 | 14,822 current US$ | +17.3% |
| 1981 | 15,137 current US$ | +2.1% |
| 1982 | 13,712 current US$ | -9.4% |
| 1983 | 11,672 current US$ | -14.9% |
| 1984 | 11,960 current US$ | +2.5% |
| 1985 | 12,361 current US$ | +3.4% |
| 1986 | 16,406 current US$ | +32.7% |
| 1987 | 22,453 current US$ | +36.9% |
| 1988 | 24,452 current US$ | +8.9% |
| 1989 | 22,434 current US$ | -8.3% |
| 1990 | 25,385 current US$ | +13.2% |
| 1991 | 26,803 current US$ | +5.6% |
| 1992 | 27,124 current US$ | +1.2% |
| 1993 | 23,580 current US$ | -13.1% |
| 1994 | 24,019 current US$ | +1.9% |
| 1995 | 26,634 current US$ | +10.9% |
| 1996 | 27,615 current US$ | +3.7% |
| 1997 | 27,919 current US$ | +1.1% |
| 1998 | 31,030 current US$ | +11.1% |
| 1999 | 32,382 current US$ | +4.4% |
| 2000 | 32,096 current US$ | -0.9% |
| 2001 | 28,897 current US$ | -10.0% |
| 2002 | 32,409 current US$ | +12.2% |
| 2003 | 39,477 current US$ | +21.8% |
| 2004 | 47,335 current US$ | +19.9% |
| 2005 | 56,795 current US$ | +20.0% |
| 2006 | 57,493 current US$ | +1.2% |
| 2007 | 69,496 current US$ | +20.9% |
| 2008 | 56,943 current US$ | -18.1% |
| 2009 | 41,301 current US$ | -27.5% |
| 2010 | 43,237 current US$ | +4.7% |
| 2011 | 47,715 current US$ | +10.4% |
| 2012 | 45,996 current US$ | -3.6% |
| 2013 | 49,805 current US$ | +8.3% |
| 2014 | 54,577 current US$ | +9.6% |
| 2015 | 52,952 current US$ | -3.0% |
| 2016 | 61,988 current US$ | +17.1% |
| 2017 | 72,010 current US$ | +16.2% |
| 2018 | 74,452 current US$ | +3.4% |
| 2019 | 68,452 current US$ | -8.1% |
| 2020 | 59,024 current US$ | -13.8% |
| 2021 | 69,178 current US$ | +17.2% |
| 2022 | 75,121 current US$ | +8.6% |
| 2023 | 79,960 current US$ | +6.4% |
| 2024 | 82,704 current US$ | +3.4% |
Iceland compared with similar countries
- Iceland's 82,704 current US$ is above the median for high income countries, which is 38,080 current US$, 2.2× the median. (82 countries reporting)
- Iceland's 82,704 current US$ is above the median for Europe & Central Asia, which is 29,386 current US$, 2.8× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7,019 current US$ | 2,576 current US$ | 12,641 current US$ | 10 |
| 1980s | 16,541 current US$ | 11,672 current US$ | 24,452 current US$ | 10 |
| 1990s | 27,249 current US$ | 23,580 current US$ | 32,382 current US$ | 10 |
| 2000s | 46,224 current US$ | 28,897 current US$ | 69,496 current US$ | 10 |
| 2010s | 57,118 current US$ | 43,237 current US$ | 74,452 current US$ | 10 |
| 2020s | 73,197 current US$ | 59,024 current US$ | 82,704 current US$ | 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 82,704 current US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp per capita recorded in Iceland?
- The highest recorded value was 82,704 current US$ in 2024.
- What is the lowest gdp per capita recorded in Iceland?
- The lowest recorded value was 2,576 current US$ in 1970.
- How does Iceland rank for gdp per capita?
- Iceland ranks 12th 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 51.5%. 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 US$). 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