Canada vs Iceland: Divergence of GDP per capita among latecomers to the capitalist revolution

Canada
44,869 2011$
in 2018
Iceland
43,438 2011$
in 2018
Canada rank
16th
Iceland rank
17th

Divergence of GDP per capita among latecomers to the capitalist revolution over time

  • Canada
  • Iceland
010.0k20.0k30.0k40.0k182019192018

How they compare

Canada currently reports 44,869 2011$ against 43,438 2011$ in Iceland, a difference of 1,431 2011$.

The two have swapped places 4 times across 69 shared years of data; in 1950 it was Canada ahead.

Canada ranks 16th and Iceland ranks 17th of 145 countries.

Canada has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Canada Iceland Difference Ahead
1950s 12,913 2011$ 9,550 2011$ 3,363 2011$ Canada
1960s 16,309 2011$ 13,020 2011$ 3,289 2011$ Canada
1970s 22,638 2011$ 19,243 2011$ 3,394 2011$ Canada
1980s 27,613 2011$ 26,584 2011$ 1,029 2011$ Canada
1990s 31,354 2011$ 28,725 2011$ 2,629 2011$ Canada
2000s 39,617 2011$ 36,672 2011$ 2,946 2011$ Canada
2010s 43,253 2011$ 39,450 2011$ 3,803 2011$ Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher divergence of gdp per capita among latecomers to the capitalist revolution, Canada or Iceland?
Canada, at 44,869 2011$ against 43,438 2011$ in Iceland as of 2018.
What is the difference in divergence of gdp per capita among latecomers to the capitalist revolution between Canada and Iceland?
1,431 2011$, with Canada ahead.
How many years of comparable data are there for Canada and Iceland?
69 years are reported by both, from 1950 to 2018.
How do Canada and Iceland rank globally for divergence of gdp per capita among latecomers to the capitalist revolution?
Canada ranks 16th and Iceland ranks 17th of 145 countries.
Where does this data come from?
Maddison Project Database (2018) – processed by Our World in Data, published as Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Iceland: Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid, drawing on Maddison Project Database (2018) – processed by Our World in Data. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/divergence-of-gdp-per-capita-among-latecomers-to-the-capitalist-revolution-18002016/canada/iceland/

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<a href="https://economy.statizoid.com/compare/divergence-of-gdp-per-capita-among-latecomers-to-the-capitalist-revolution-18002016/canada/iceland/">Canada vs Iceland: Divergence of GDP per capita among latecomers to the capitalist revolution</a> — Statizoid

About this data

Indicator
Divergence of GDP per capita among latecomers to the capitalist revolution
Unit
2011$
Source
Maddison Project Database (2018) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
145 places, 17,704 data points, 1000–2018
Last refreshed

Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]