GDP per capita in Iceland
Iceland: GDP per capita was 68,065 international-$ in 2021 prices in 2025. ▲ Rising
GDP per capita in Iceland, 1990–2025
Source: Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Iceland recorded 68,065 international-$ in 2021 prices for gdp per capita in 2025.
Compared with earlier readings it 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 69,268 international-$ in 2021 prices in 2023 and was at its lowest, 40,561 international-$ in 2021 prices, in 1992.
Iceland ranks 20th of 198 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43,396 international-$ in 2021 prices | 40,561 international-$ in 2021 prices | 48,539 international-$ in 2021 prices | 10 |
| 2000s | 56,612 international-$ in 2021 prices | 50,228 international-$ in 2021 prices | 64,075 international-$ in 2021 prices | 10 |
| 2010s | 61,794 international-$ in 2021 prices | 57,225 international-$ in 2021 prices | 66,703 international-$ in 2021 prices | 10 |
| 2020s | 65,914 international-$ in 2021 prices | 60,617 international-$ in 2021 prices | 69,268 international-$ in 2021 prices | 6 |
Countries ranked near Iceland
- 17 San Marino 70,952 international-$ in 2021 prices compare
- 18 United Arab Emirates 69,702 international-$ in 2021 prices compare
- 19 Hong Kong 68,725 international-$ in 2021 prices compare
- 21 Andorra 67,993 international-$ in 2021 prices compare
- 22 Austria 63,970 international-$ in 2021 prices compare
- 23 Malta 63,656 international-$ in 2021 prices compare
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)
Frequently asked questions
- What is gdp per capita in Iceland?
- Gdp per capita in Iceland was 68,065 international-$ in 2021 prices in 2025, according to Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data.
- What is the highest gdp per capita recorded in Iceland?
- The highest recorded value was 69,268 international-$ in 2021 prices in 2023.
- What is the lowest gdp per capita recorded in Iceland?
- The lowest recorded value was 40,561 international-$ in 2021 prices in 1992.
- How does Iceland rank for gdp per capita?
- Iceland ranks 20th out of 198 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 Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.
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About this data
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.