Iceland vs Latin America & Caribbean: GDP per capita
GDP per capita over time
- Iceland
- Latin America & Caribbean
How they compare
Iceland currently reports 58,910 constant 2015 US$ against 9,017 constant 2015 US$ in Latin America & Caribbean, a difference of 49,893 constant 2015 US$.
That makes Iceland's figure about 6.5 times Latin America & Caribbean's.
Across all 66 years both countries report, Iceland has been ahead every year.
Iceland ranks 17th and Latin America & Caribbean ranks 19th of 212 countries.
Iceland has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Iceland | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 16,880 constant 2015 US$ | 3,705 constant 2015 US$ | 13,176 constant 2015 US$ | Iceland |
| 1970s | 24,941 constant 2015 US$ | 5,163 constant 2015 US$ | 19,778 constant 2015 US$ | Iceland |
| 1980s | 34,444 constant 2015 US$ | 5,935 constant 2015 US$ | 28,509 constant 2015 US$ | Iceland |
| 1990s | 37,560 constant 2015 US$ | 6,223 constant 2015 US$ | 31,336 constant 2015 US$ | Iceland |
| 2000s | 48,998 constant 2015 US$ | 7,165 constant 2015 US$ | 41,833 constant 2015 US$ | Iceland |
| 2010s | 53,482 constant 2015 US$ | 8,439 constant 2015 US$ | 45,043 constant 2015 US$ | Iceland |
| 2020s | 57,049 constant 2015 US$ | 8,560 constant 2015 US$ | 48,488 constant 2015 US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, Iceland or Latin America & Caribbean?
- Iceland, at 58,910 constant 2015 US$ against 9,017 constant 2015 US$ in Latin America & Caribbean as of 2025.
- What is the difference in gdp per capita between Iceland and Latin America & Caribbean?
- 49,893 constant 2015 US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latin America & Caribbean?
- 66 years are reported by both, from 1960 to 2025.
- How do Iceland and Latin America & Caribbean rank globally for gdp per capita?
- Iceland ranks 17th and Latin America & Caribbean ranks 19th of 212 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP per capita (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
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.