Iceland vs Upper middle income: GDP per capita

Iceland
58,910 constant 2015 US$
in 2025
Upper middle income
10,192 constant 2015 US$
in 2025
Iceland rank
16th
Upper middle income rank
16th

GDP per capita over time

  • Iceland
  • Upper middle income
020.0k40.0k60.0k196019922025

How they compare

Iceland currently reports 58,910 constant 2015 US$ against 10,192 constant 2015 US$ in Upper middle income, a difference of 48,718 constant 2015 US$.

That makes Iceland's figure about 5.8 times Upper middle income's.

Across all 66 years both countries report, Iceland has been ahead every year.

Iceland ranks 16th and Upper middle income ranks 16th of 210 countries.

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

Head to head by decade

Decade Iceland Upper middle income Difference Ahead
1960s 16,880 constant 2015 US$ 1,123 constant 2015 US$ 15,757 constant 2015 US$ Iceland
1970s 24,941 constant 2015 US$ 1,675 constant 2015 US$ 23,266 constant 2015 US$ Iceland
1980s 34,444 constant 2015 US$ 2,123 constant 2015 US$ 32,322 constant 2015 US$ Iceland
1990s 37,560 constant 2015 US$ 2,710 constant 2015 US$ 34,850 constant 2015 US$ Iceland
2000s 48,998 constant 2015 US$ 4,157 constant 2015 US$ 44,841 constant 2015 US$ Iceland
2010s 53,482 constant 2015 US$ 6,972 constant 2015 US$ 46,511 constant 2015 US$ Iceland
2020s 57,049 constant 2015 US$ 9,246 constant 2015 US$ 47,802 constant 2015 US$ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp per capita, Iceland or Upper middle income?
Iceland, at 58,910 constant 2015 US$ against 10,192 constant 2015 US$ in Upper middle income as of 2025.
What is the difference in gdp per capita between Iceland and Upper middle income?
48,718 constant 2015 US$, with Iceland ahead.
How many years of comparable data are there for Iceland and Upper middle income?
66 years are reported by both, from 1960 to 2025.
How do Iceland and Upper middle income rank globally for gdp per capita?
Iceland ranks 16th and Upper middle income ranks 16th of 210 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP per capita (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Upper middle income: GDP per capita. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 29 August 2026, from https://economy.statizoid.com/compare/gdp-per-capita-constant-2015-us/iceland/upper-middle-income/

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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.