GDP per capita in Iceland

Iceland: GDP per capita was 82,704 current US$ in 2024. β—† Volatile

Latest (2024)
82,704 current US$
Change on year
up 3.4%
World rank
12th
of 208 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

020.0k40.0k60.0k80.0k197019972024

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 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 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

  1. 9 Isle of Man 88,328 current US$ compare
  2. 10 Norway 86,810 current US$ compare
  3. 11 United States 85,810 current US$ compare
  4. 13 Qatar 76,276 current US$ compare
  5. 14 Macao 73,047 current US$ compare
  6. 15 Denmark 71,852 current US$ 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 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 208 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.

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GDP per capita in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-per-capita-current-us-2/iceland/

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About this data

Indicator
GDP per capita (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release