Iceland vs South Korea: GDP per capita vs. Electoral Democracy Index

Iceland
42,146 international-$ in 2011 prices
in 2022
South Korea
41,321 international-$ in 2011 prices
in 2022
Iceland rank
21st
South Korea rank
23rd

GDP per capita vs. Electoral Democracy Index over time

  • Iceland
  • South Korea
010.0k20.0k30.0k40.0k182019212022

How they compare

Iceland currently reports 42,146 international-$ in 2011 prices against 41,321 international-$ in 2011 prices in South Korea, a difference of 825 international-$ in 2011 prices.

Across all 111 years both countries report, Iceland has been ahead every year.

Iceland ranks 21st and South Korea ranks 23rd of 166 countries.

Iceland has averaged higher in every one of the 13 decades both report.

Head to head by decade

Decade Iceland South Korea Difference Ahead
1870s 1,563 international-$ in 2011 prices 820.36 international-$ in 2011 prices 743.04 international-$ in 2011 prices Iceland
1910s 2,922 international-$ in 2011 prices 1,262 international-$ in 2011 prices 1,660 international-$ in 2011 prices Iceland
1920s 3,152 international-$ in 2011 prices 1,492 international-$ in 2011 prices 1,660 international-$ in 2011 prices Iceland
1930s 4,422 international-$ in 2011 prices 1,721 international-$ in 2011 prices 2,701 international-$ in 2011 prices Iceland
1940s 7,623 international-$ in 2011 prices 1,444 international-$ in 2011 prices 6,179 international-$ in 2011 prices Iceland
1950s 9,550 international-$ in 2011 prices 1,305 international-$ in 2011 prices 8,245 international-$ in 2011 prices Iceland
1960s 13,020 international-$ in 2011 prices 1,981 international-$ in 2011 prices 11,040 international-$ in 2011 prices Iceland
1970s 19,243 international-$ in 2011 prices 4,423 international-$ in 2011 prices 14,820 international-$ in 2011 prices Iceland
1980s 26,584 international-$ in 2011 prices 8,948 international-$ in 2011 prices 17,636 international-$ in 2011 prices Iceland
1990s 28,725 international-$ in 2011 prices 18,038 international-$ in 2011 prices 10,687 international-$ in 2011 prices Iceland
2000s 36,672 international-$ in 2011 prices 27,025 international-$ in 2011 prices 9,647 international-$ in 2011 prices Iceland
2010s 39,697 international-$ in 2011 prices 35,093 international-$ in 2011 prices 4,604 international-$ in 2011 prices Iceland
2020s 40,642 international-$ in 2011 prices 40,069 international-$ in 2011 prices 573.57 international-$ in 2011 prices Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp per capita vs. electoral democracy index, Iceland or South Korea?
Iceland, at 42,146 international-$ in 2011 prices against 41,321 international-$ in 2011 prices in South Korea as of 2022.
What is the difference in gdp per capita vs. electoral democracy index between Iceland and South Korea?
825 international-$ in 2011 prices, with Iceland ahead.
How many years of comparable data are there for Iceland and South Korea?
111 years are reported by both, from 1870 to 2022.
How do Iceland and South Korea rank globally for gdp per capita vs. electoral democracy index?
Iceland ranks 21st and South Korea ranks 23rd of 166 countries.
Where does this data come from?
Bolt and van Zanden – Maddison Project Database 2023 – with minor processing by Our World in Data, published as GDP per capita vs. Electoral Democracy Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs South Korea: GDP per capita vs. Electoral Democracy Index. Statizoid, drawing on Bolt and van Zanden – Maddison Project Database 2023 – with minor processing by Our World in Data. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/gdp-per-capita-vs-electoral-democracy-index/iceland/korea-rep/

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About this data

Indicator
GDP per capita vs. Electoral Democracy Index
Unit
international-$ in 2011 prices
Source
Bolt and van Zanden – Maddison Project Database 2023 – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 21,075 data points, 1000–2022
Last refreshed

Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.