Iceland vs Small states: GDP per capita, PPP
GDP per capita, PPP over time
- Iceland
- Small states
How they compare
Iceland currently reports 83,431 current international $ against 30,379 current international $ in Small states, a difference of 53,052 current international $.
That makes Iceland's figure about 2.7 times Small states's.
Across all 36 years both countries report, Iceland has been ahead every year.
Iceland ranks 14th and Small states ranks 10th of 203 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Small states | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 25,321 current international $ | 7,649 current international $ | 17,671 current international $ | Iceland |
| 2000s | 37,081 current international $ | 12,453 current international $ | 24,628 current international $ | Iceland |
| 2010s | 49,513 current international $ | 17,221 current international $ | 32,292 current international $ | Iceland |
| 2020s | 74,234 current international $ | 25,034 current international $ | 49,200 current international $ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, ppp, Iceland or Small states?
- Iceland, at 83,431 current international $ against 30,379 current international $ in Small states as of 2025.
- What is the difference in gdp per capita, ppp between Iceland and Small states?
- 53,052 current international $, with Iceland ahead.
- How many years of comparable data are there for Iceland and Small states?
- 36 years are reported by both, from 1990 to 2025.
- How do Iceland and Small states rank globally for gdp per capita, ppp?
- Iceland ranks 14th and Small states ranks 10th of 203 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP per capita, PPP (current international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This indicator provides values for gross domestic product (GDP) per person expressed in current 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 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.