GDP per capita in Iceland
Iceland: GDP per capita was 58,910 constant 2015 US$ in 2025. ▲ Rising
GDP per capita in Iceland, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Iceland recorded 58,910 constant 2015 US$ for gdp per capita in 2025.
That represents a change of down 0.2% on the previous year and up 10.1% over ten years.
Over the whole period, gdp per capita in Iceland peaked at 59,952 constant 2015 US$ in 2023 and was at its lowest, 13,936 constant 2015 US$, in 1961.
That places Iceland 17th out of 211 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 66 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16,880 constant 2015 US$ | 13,936 constant 2015 US$ | 19,539 constant 2015 US$ | 10 |
| 1970s | 24,941 constant 2015 US$ | 19,190 constant 2015 US$ | 30,389 constant 2015 US$ | 10 |
| 1980s | 34,444 constant 2015 US$ | 31,797 constant 2015 US$ | 38,152 constant 2015 US$ | 10 |
| 1990s | 37,560 constant 2015 US$ | 35,105 constant 2015 US$ | 42,011 constant 2015 US$ | 10 |
| 2000s | 48,998 constant 2015 US$ | 43,472 constant 2015 US$ | 55,457 constant 2015 US$ | 10 |
| 2010s | 53,482 constant 2015 US$ | 49,528 constant 2015 US$ | 57,732 constant 2015 US$ | 10 |
| 2020s | 57,049 constant 2015 US$ | 52,464 constant 2015 US$ | 59,952 constant 2015 US$ | 6 |
Countries ranked near Iceland
- 14 Qatar 61,735 constant 2015 US$ compare
- 15 Australia 61,369 constant 2015 US$ compare
- 16 Faroe Islands 59,302 constant 2015 US$ compare
- 18 Turks and Caicos Islands 57,179 constant 2015 US$ compare
- 19 Sweden 55,014 constant 2015 US$ compare
- 20 Netherlands 51,817 constant 2015 US$ compare
More economy & growth data for Iceland
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
- Taxes less subsidies on products 3.88 billion current US$ (2025)
- Net primary income (Net income from abroad) -40.83 billion current LCU (2024)
- Net primary income (Net income from abroad) -295.94 million current US$ (2024)
- GNI per capita 12.60 million current LCU (2025)
- GNI per capita, Atlas method 89,220 current US$ (2025)
- GNI 4.94 trillion current LCU (2025)
Frequently asked questions
- What is gdp per capita in Iceland?
- Gdp per capita in Iceland was 58,910 constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Iceland?
- The highest recorded value was 59,952 constant 2015 US$ in 2023.
- What is the lowest gdp per capita recorded in Iceland?
- The lowest recorded value was 13,936 constant 2015 US$ in 1961.
- How does Iceland rank for gdp per capita?
- Iceland ranks 17th out of 211 countries with data for 2025.
- Is gdp per capita rising or falling in Iceland?
- Over the last ten years it is up 10.1%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP per capita (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.