GDP per capita, PPP (constant 2011 international $) in Iceland
Iceland: GDP per capita, PPP (constant 2011 international $) was 65,645 constant 2011 international $ in 2024. ▲ Rising
Latest (2024)
65,645 constant 2011 international $
Change on year
down 2.3%
World rank
21st
of 198 countries
All-time high
67,177 constant 2011 international $
in 2023
All-time low
37,754 constant 2011 international $
in 1992
Years of data
35
1990–2024
GDP per capita, PPP in Iceland, 1990–2024
Source: UNESCO Institute for Statistics. Measured in constant 2011 international $.
Analysis
Iceland recorded 65,645 constant 2011 international $ for gdp per capita, ppp in 2024.
The figure is down 2.3% on the previous year and up 13.1% over ten years.
Over the whole period, gdp per capita, ppp in Iceland peaked at 67,177 constant 2011 international $ in 2023 and was at its lowest, 37,754 constant 2011 international $, in 1992.
Iceland ranks 21st of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
GDP per capita, PPP (constant 2011 international $) in Iceland, year by year
| Year | constant 2011 international $ | Change |
|---|---|---|
| 1990 | 40,117 constant 2011 international $ | — |
| 1991 | 39,566 constant 2011 international $ | -1.4% |
| 1992 | 37,754 constant 2011 international $ | -4.6% |
| 1993 | 37,862 constant 2011 international $ | +0.3% |
| 1994 | 38,890 constant 2011 international $ | +2.7% |
| 1995 | 38,725 constant 2011 international $ | -0.4% |
| 1996 | 40,276 constant 2011 international $ | +4.0% |
| 1997 | 42,252 constant 2011 international $ | +4.9% |
| 1998 | 44,880 constant 2011 international $ | +6.2% |
| 1999 | 46,130 constant 2011 international $ | +2.8% |
| 2000 | 47,771 constant 2011 international $ | +3.6% |
| 2001 | 49,032 constant 2011 international $ | +2.6% |
| 2002 | 48,869 constant 2011 international $ | -0.3% |
| 2003 | 49,571 constant 2011 international $ | +1.4% |
| 2004 | 52,972 constant 2011 international $ | +6.9% |
| 2005 | 55,333 constant 2011 international $ | +4.5% |
| 2006 | 57,464 constant 2011 international $ | +3.9% |
| 2007 | 60,765 constant 2011 international $ | +5.7% |
| 2008 | 60,964 constant 2011 international $ | +0.3% |
| 2009 | 56,100 constant 2011 international $ | -8.0% |
| 2010 | 54,589 constant 2011 international $ | -2.7% |
| 2011 | 55,427 constant 2011 international $ | +1.5% |
| 2012 | 55,719 constant 2011 international $ | +0.5% |
| 2013 | 57,707 constant 2011 international $ | +3.6% |
| 2014 | 58,032 constant 2011 international $ | +0.6% |
| 2015 | 59,978 constant 2011 international $ | +3.4% |
| 2016 | 62,880 constant 2011 international $ | +4.8% |
| 2017 | 63,999 constant 2011 international $ | +1.8% |
| 2018 | 65,354 constant 2011 international $ | +2.1% |
| 2019 | 65,123 constant 2011 international $ | -0.4% |
| 2020 | 59,627 constant 2011 international $ | -8.4% |
| 2021 | 61,610 constant 2011 international $ | +3.3% |
| 2022 | 65,475 constant 2011 international $ | +6.3% |
| 2023 | 67,177 constant 2011 international $ | +2.6% |
| 2024 | 65,645 constant 2011 international $ | -2.3% |
Iceland compared with similar countries
- Iceland's 65,645 constant 2011 international $ is above the median for high income countries, which is 48,434 constant 2011 international $, 1.4× the median. (74 countries reporting)
- Iceland's 65,645 constant 2011 international $ is above the median for Europe & Central Asia, which is 42,259 constant 2011 international $, 1.6× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 40,645 constant 2011 international $ | 37,754 constant 2011 international $ | 46,130 constant 2011 international $ | 10 |
| 2000s | 53,884 constant 2011 international $ | 47,771 constant 2011 international $ | 60,964 constant 2011 international $ | 10 |
| 2010s | 59,881 constant 2011 international $ | 54,589 constant 2011 international $ | 65,354 constant 2011 international $ | 10 |
| 2020s | 63,907 constant 2011 international $ | 59,627 constant 2011 international $ | 67,177 constant 2011 international $ | 5 |
Countries ranked near Iceland
- 18 United Arab Emirates 68,585 constant 2011 international $ compare
- 19 Hong Kong 66,171 constant 2011 international $ compare
- 20 Andorra 65,928 constant 2011 international $ compare
- 22 Austria 63,314 constant 2011 international $ compare
- 23 Sweden 63,259 constant 2011 international $ compare
- 24 Belgium 63,083 constant 2011 international $ compare
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, ppp in Iceland?
- Gdp per capita, ppp in Iceland was 65,645 constant 2011 international $ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp per capita, ppp recorded in Iceland?
- The highest recorded value was 67,177 constant 2011 international $ in 2023.
- What is the lowest gdp per capita, ppp recorded in Iceland?
- The lowest recorded value was 37,754 constant 2011 international $ in 1992.
- How does Iceland rank for gdp per capita, ppp?
- Iceland ranks 21st out of 198 countries with data for 2024.
- Is gdp per capita, ppp rising or falling in Iceland?
- Over the last ten years it is up 13.1%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP per capita, PPP (constant 2011 international $). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release