Iceland vs Sweden: GDP per capita

Iceland
58,910 constant 2015 US$
in 2025
Sweden
55,014 constant 2015 US$
in 2025
Iceland rank
16th
Sweden rank
18th

GDP per capita over time

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

How they compare

Iceland currently reports 58,910 constant 2015 US$ against 55,014 constant 2015 US$ in Sweden, a difference of 3,896 constant 2015 US$.

That makes Iceland's figure about 1.1 times Sweden's.

The two have swapped places 1 time across 66 shared years of data; in 1960 it was Sweden ahead.

Iceland ranks 16th and Sweden ranks 18th of 209 countries.

Across the 7 decades both report, Iceland averaged higher in 5 and Sweden in 2.

Head to head by decade

Decade Iceland Sweden Difference Ahead
1960s 16,880 constant 2015 US$ 20,197 constant 2015 US$ 3,317 constant 2015 US$ Sweden
1970s 24,941 constant 2015 US$ 26,575 constant 2015 US$ 1,634 constant 2015 US$ Sweden
1980s 34,444 constant 2015 US$ 31,542 constant 2015 US$ 2,902 constant 2015 US$ Iceland
1990s 37,560 constant 2015 US$ 35,484 constant 2015 US$ 2,076 constant 2015 US$ Iceland
2000s 48,998 constant 2015 US$ 45,293 constant 2015 US$ 3,705 constant 2015 US$ Iceland
2010s 53,482 constant 2015 US$ 50,477 constant 2015 US$ 3,005 constant 2015 US$ Iceland
2020s 57,049 constant 2015 US$ 53,866 constant 2015 US$ 3,183 constant 2015 US$ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp per capita, Iceland or Sweden?
Iceland, at 58,910 constant 2015 US$ against 55,014 constant 2015 US$ in Sweden as of 2025.
What is the difference in gdp per capita between Iceland and Sweden?
3,896 constant 2015 US$, with Iceland ahead.
How many years of comparable data are there for Iceland and Sweden?
66 years are reported by both, from 1960 to 2025.
How do Iceland and Sweden rank globally for gdp per capita?
Iceland ranks 16th and Sweden ranks 18th of 209 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as GDP per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Sweden: GDP per capita. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/gdp-per-capita-worldbank-constant-usd/iceland/sweden/

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About this data

Indicator
GDP per capita
Unit
constant 2015 US$
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
209 places, 11,498 data points, 1960–2025
Last refreshed

Average economic output per person in a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.