What is gdp per capita in Iceland?

Gdp per capita in Iceland was 63,196 international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.

What is the highest gdp per capita recorded in Iceland?

The highest recorded value was 63,196 international-$ in 2021 prices in 2023.

What is the lowest gdp per capita recorded in Iceland?

The lowest recorded value was 10,113 international-$ in 2021 prices in 1952.

How does Iceland rank for gdp per capita?

Iceland ranks 15th out of 184 countries with data for 2023.

Is gdp per capita rising or falling in Iceland?

Over the last ten years it is up 24.9%. The long-run trend across the full record is rising.

Where does this Iceland data come from?

The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.

GDP per capita in Iceland

Name: GDP per capita in Iceland
Creator: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
License: CC BY 4.0 (Our World in Data)

Iceland: GDP per capita was 63,196 international-$ in 2021 prices in 2023. ▲ Rising

Latest (2023)

63,196 international-$ in 2021 prices

Change on year

up 4.0%

World rank

15th

of 184 countries

All-time high

63,196 international-$ in 2021 prices

in 2023

All-time low

10,113 international-$ in 2021 prices

in 1952

Years of data

1950–2023

GDP per capita in Iceland, 1950–2023

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

The most recent figure for gdp per capita in Iceland is 63,196 international-$ in 2021 prices, measured in 2023. That is the highest value across all 74 years on record.

Compared with earlier readings it is up 4.0% on the previous year and up 24.9% over ten years.

Over the whole period, gdp per capita in Iceland peaked at 63,196 international-$ in 2021 prices in 2023 and was at its lowest, 10,113 international-$ in 2021 prices, in 1952.

That places Iceland 15th out of 184 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 74 years of available data.

Averages by decade

Decade	Average	Lowest	Highest	Years
1950s	12,355 international-$ in 2021 prices	10,113 international-$ in 2021 prices	14,254 international-$ in 2021 prices	10
1960s	17,628 international-$ in 2021 prices	14,392 international-$ in 2021 prices	20,739 international-$ in 2021 prices	10
1970s	26,494 international-$ in 2021 prices	19,973 international-$ in 2021 prices	32,059 international-$ in 2021 prices	10
1980s	36,405 international-$ in 2021 prices	31,986 international-$ in 2021 prices	41,557 international-$ in 2021 prices	10
1990s	39,965 international-$ in 2021 prices	37,156 international-$ in 2021 prices	46,176 international-$ in 2021 prices	10
2000s	48,204 international-$ in 2021 prices	45,775 international-$ in 2021 prices	53,262 international-$ in 2021 prices	10
2010s	52,186 international-$ in 2021 prices	49,179 international-$ in 2021 prices	59,111 international-$ in 2021 prices	10
2020s	58,718 international-$ in 2021 prices	54,499 international-$ in 2021 prices	63,196 international-$ in 2021 prices	4

Countries ranked near Iceland

12 Denmark 65,903 international-$ in 2021 prices compare
13 Macao 64,662 international-$ in 2021 prices compare
14 Australia 64,333 international-$ in 2021 prices compare
16 Austria 62,853 international-$ in 2021 prices compare
17 Bermuda 62,179 international-$ in 2021 prices compare
18 Taiwan 61,942 international-$ in 2021 prices compare

See the full ranking of 184 places →

More economy & growth data for Iceland

Exports of goods and services 15.48 billion current US$ (2025)
Final consumption expenditure 75.7% (2025)
Industry (including construction), value added 688.53 billion constant LCU (2025)
Gross national expenditure 39.45 billion current US$ (2025)
Gross national expenditure 5.07 trillion current LCU (2025)
Gross national expenditure 23.89 billion constant 2015 US$ (2025)
Industry (including construction), value added -1.2% (2025)
Gross national expenditure 102.3% (2025)
Gross fixed capital formation 10.29 billion current US$ (2025)
Exports of goods and services 40.1% (2025)

All data for Iceland →

Frequently asked questions

What is gdp per capita in Iceland?: Gdp per capita in Iceland was 63,196 international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
What is the highest gdp per capita recorded in Iceland?: The highest recorded value was 63,196 international-$ in 2021 prices in 2023.
What is the lowest gdp per capita recorded in Iceland?: The lowest recorded value was 10,113 international-$ in 2021 prices in 1952.
How does Iceland rank for gdp per capita?: Iceland ranks 15th out of 184 countries with data for 2023.
Is gdp per capita rising or falling in Iceland?: Over the last ten years it is up 24.9%. The long-run trend across the full record is rising.
Where does this Iceland data come from?: The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 74 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator: GDP per capita
Unit: international-$ in 2021 prices
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 184 places, 10,907 data points, 1950–2023
Last refreshed: 06 August 2026

Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.