GDP per capita in Iceland
Iceland: GDP per capita was 9.14 million constant LCU in 2025. ▲ Rising
GDP per capita in Iceland, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, gdp per capita in Iceland stood at 9.14 million constant LCU.
The figure is 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 9.30 million constant LCU in 2023 and was at its lowest, 2.16 million constant LCU, in 1961.
Iceland ranks 12th of 214 countries on this measure, 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 | 2.62 million constant LCU | 2.16 million constant LCU | 3.03 million constant LCU | 10 |
| 1970s | 3.87 million constant LCU | 2.98 million constant LCU | 4.72 million constant LCU | 10 |
| 1980s | 5.35 million constant LCU | 4.93 million constant LCU | 5.92 million constant LCU | 10 |
| 1990s | 5.83 million constant LCU | 5.45 million constant LCU | 6.52 million constant LCU | 10 |
| 2000s | 7.60 million constant LCU | 6.75 million constant LCU | 8.61 million constant LCU | 10 |
| 2010s | 8.30 million constant LCU | 7.69 million constant LCU | 8.96 million constant LCU | 10 |
| 2020s | 8.85 million constant LCU | 8.14 million constant LCU | 9.30 million constant LCU | 6 |
Countries ranked near Iceland
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 9.14 million constant LCU 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 9.30 million constant LCU in 2023.
- What is the lowest gdp per capita recorded in Iceland?
- The lowest recorded value was 2.16 million constant LCU in 1961.
- How does Iceland rank for gdp per capita?
- Iceland ranks 12th out of 214 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 LCU). Statizoid updates them automatically from the source API.
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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 varies by country. This series is expressed in local currency units.