Australia vs Iceland: GDP per capita
GDP per capita over time
- Australia
- Iceland
How they compare
Australia currently reports 61,369 constant 2015 US$ against 58,910 constant 2015 US$ in Iceland, a difference of 2,458 constant 2015 US$.
The two have swapped places 4 times across 66 shared years of data; in 1960 it was Australia ahead.
Globally, Australia ranks 15th and Iceland ranks 17th of 211 countries.
Individual pages
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.