GDP per capita in Iceland

Iceland: GDP per capita was 12.63 million current LCU in 2025. ◆ Volatile

Latest (2025)
12.63 million current LCU
Change on year
up 6.6%
World rank
15th
of 213 countries
All-time high
12.63 million current LCU
in 2025
All-time low
537.96 current LCU
in 1960
Years of data
66
1960–2025

GDP per capita in Iceland, 1960–2025

05.0M10.0M15.0M196019922025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

Iceland recorded 12.63 million current LCU for gdp per capita in 2025. That is the highest value across all 66 years on record.

Compared with earlier readings it is up 6.6% on the previous year and up 78.9% over ten years.

Over the whole period, gdp per capita in Iceland peaked at 12.63 million current LCU in 2025 and was at its lowest, 537.96 current LCU, in 1960.

Iceland ranks 15th of 213 countries on this measure, 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
1960s 1,126 current LCU 537.96 current LCU 1,885 current LCU 10
1970s 14,405 current LCU 2,346 current LCU 46,129 current LCU 10
1980s 559,514 current LCU 73,595 current LCU 1.32 million current LCU 10
1990s 1.85 million current LCU 1.53 million current LCU 2.38 million current LCU 10
2000s 3.72 million current LCU 2.56 million current LCU 5.13 million current LCU 10
2010s 6.85 million current LCU 5.35 million current LCU 8.50 million current LCU 10
2020s 10.54 million current LCU 8.14 million current LCU 12.63 million current LCU 6

Countries ranked near Iceland

  1. 12 Argentina 18.49 million current LCU compare
  2. 13 Chile 17.12 million current LCU compare
  3. 14 Guinea 16.22 million current LCU compare
  4. 16 Cambodia 11.53 million current LCU compare
  5. 17 Costa Rica 10.05 million current LCU compare
  6. 18 Hungary 9.15 million current LCU compare

See the full ranking of 213 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is gdp per capita in Iceland?
Gdp per capita in Iceland was 12.63 million current 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 12.63 million current LCU in 2025.
What is the lowest gdp per capita recorded in Iceland?
The lowest recorded value was 537.96 current LCU in 1960.
How does Iceland rank for gdp per capita?
Iceland ranks 15th out of 213 countries with data for 2025.
Is gdp per capita rising or falling in Iceland?
Over the last ten years it is up 78.9%. The long-run trend across the full record is volatile.
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 (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
GDP per capita (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 11,862 data points, 1960–2025
Last refreshed

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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.