Australia vs Iceland: GDP per capita

Australia
61,369 constant 2015 US$
in 2025
Iceland
58,910 constant 2015 US$
in 2025
Australia rank
14th
Iceland rank
16th

GDP per capita over time

  • Australia
  • Iceland
10.0k20.0k30.0k40.0k50.0k60.0k196019922025

How they compare

Australia currently reports 61,369 constant 2015 US$ against 58,910 constant 2015 US$ in Iceland, a difference of 2,459 constant 2015 US$.

The two have swapped places 4 times across 66 shared years of data; in 1960 it was Australia ahead.

Australia ranks 14th and Iceland ranks 16th of 210 countries.

Across the 7 decades both report, Australia averaged higher in 6 and Iceland in 1.

Head to head by decade

Decade Australia Iceland Difference Ahead
1960s 22,085 constant 2015 US$ 16,880 constant 2015 US$ 5,204 constant 2015 US$ Australia
1970s 28,396 constant 2015 US$ 24,941 constant 2015 US$ 3,455 constant 2015 US$ Australia
1980s 32,884 constant 2015 US$ 34,444 constant 2015 US$ 1,560 constant 2015 US$ Iceland
1990s 39,431 constant 2015 US$ 37,560 constant 2015 US$ 1,872 constant 2015 US$ Australia
2000s 50,068 constant 2015 US$ 48,998 constant 2015 US$ 1,070 constant 2015 US$ Australia
2010s 56,662 constant 2015 US$ 53,482 constant 2015 US$ 3,179 constant 2015 US$ Australia
2020s 60,628 constant 2015 US$ 57,049 constant 2015 US$ 3,579 constant 2015 US$ Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp per capita, Australia or Iceland?
Australia, at 61,369 constant 2015 US$ against 58,910 constant 2015 US$ in Iceland as of 2025.
What is the difference in gdp per capita between Australia and Iceland?
2,459 constant 2015 US$, with Australia ahead.
How many years of comparable data are there for Australia and Iceland?
66 years are reported by both, from 1960 to 2025.
How do Australia and Iceland rank globally for gdp per capita?
Australia ranks 14th and Iceland ranks 16th of 210 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP per capita (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Iceland: GDP per capita. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 24 August 2026, from https://economy.statizoid.com/compare/gdp-per-capita-constant-2015-us/australia/iceland/

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About this data

Indicator
GDP per capita (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
258 places, 14,493 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.