GNI per capita, PPP in Iceland

Iceland: GNI per capita, PPP was 67,400 constant 2021 international $ in 2024. ▲ Rising

Latest (2024)
67,400 constant 2021 international $
Change on year
down 0.7%
World rank
14th
of 158 countries
All-time high
67,881 constant 2021 international $
in 2023
All-time low
47,690 constant 2021 international $
in 2009
Years of data
25
2000–2024

GNI per capita, PPP in Iceland, 2000–2024

020.0k40.0k60.0k2000201220242000: 50.1k constant 2021 international $2001: 51.3k constant 2021 international $2002: 52.7k constant 2021 international $2003: 52.1k constant 2021 international $2004: 53.9k constant 2021 international $2005: 57.6k constant 2021 international $2006: 57.9k constant 2021 international $2007: 61.4k constant 2021 international $2008: 50.8k constant 2021 international $2009: 47.7k constant 2021 international $2010: 48.5k constant 2021 international $2011: 50.5k constant 2021 international $2012: 51.8k constant 2021 international $2013: 57.5k constant 2021 international $2014: 58.0k constant 2021 international $2015: 61.8k constant 2021 international $2016: 66.0k constant 2021 international $2017: 66.2k constant 2021 international $2018: 66.7k constant 2021 international $2019: 66.9k constant 2021 international $2020: 61.6k constant 2021 international $2021: 62.7k constant 2021 international $2022: 66.6k constant 2021 international $2023: 67.9k constant 2021 international $2024: 67.4k constant 2021 international $

Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.

Analysis

The most recent figure for gni per capita, ppp in Iceland is 67,400 constant 2021 international $, measured in 2024.

That represents a change of down 0.7% on the previous year and up 16.2% over ten years.

Over the whole period, gni per capita, ppp in Iceland peaked at 67,881 constant 2021 international $ in 2023 and was at its lowest, 47,690 constant 2021 international $, in 2009.

Iceland ranks 14th of 158 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 53,559 constant 2021 international $ 47,690 constant 2021 international $ 61,439 constant 2021 international $ 10
2010s 59,364 constant 2021 international $ 48,468 constant 2021 international $ 66,860 constant 2021 international $ 10
2020s 65,215 constant 2021 international $ 61,566 constant 2021 international $ 67,881 constant 2021 international $ 5

Countries ranked near Iceland

  1. 11 Hong Kong 75,243 constant 2021 international $ compare
  2. 12 Denmark 71,534 constant 2021 international $ compare
  3. 13 Netherlands 70,745 constant 2021 international $ compare
  4. 15 Germany 65,564 constant 2021 international $ compare
  5. 16 Sweden 65,118 constant 2021 international $ compare
  6. 17 San Marino 64,746 constant 2021 international $ compare

See the full ranking of 183 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is gni per capita, ppp in Iceland?
Gni per capita, ppp in Iceland was 67,400 constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
What is the highest gni per capita, ppp recorded in Iceland?
The highest recorded value was 67,881 constant 2021 international $ in 2023.
What is the lowest gni per capita, ppp recorded in Iceland?
The lowest recorded value was 47,690 constant 2021 international $ in 2009.
How does Iceland rank for gni per capita, ppp?
Iceland ranks 14th out of 158 countries with data for 2024.
Is gni per capita, ppp rising or falling in Iceland?
Over the last ten years it is up 16.2%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GNI per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
GNI per capita, PPP (constant 2021 international $)
Unit
constant 2021 international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,332 data points, 1990–2025
Last refreshed

This indicator provides values for gross national income (GNI) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.