Iceland vs Small states: GNI per capita

Iceland
58,381 constant 2015 US$
in 2024
Small states
11,959 constant 2015 US$
in 2024
Iceland rank
12th
Small states rank
8th

GNI per capita over time

  • Iceland
  • Small states
10.0k20.0k30.0k40.0k50.0k60.0k200020122024

How they compare

Iceland currently reports 58,381 constant 2015 US$ against 11,959 constant 2015 US$ in Small states, a difference of 46,422 constant 2015 US$.

That makes Iceland's figure about 4.9 times Small states's.

Across all 17 years both countries report, Iceland has been ahead every year.

Iceland ranks 12th and Small states ranks 8th of 160 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Small states Difference Ahead
2000s 42,668 constant 2015 US$ 9,817 constant 2015 US$ 32,851 constant 2015 US$ Iceland
2010s 51,420 constant 2015 US$ 10,468 constant 2015 US$ 40,952 constant 2015 US$ Iceland
2020s 56,488 constant 2015 US$ 11,346 constant 2015 US$ 45,142 constant 2015 US$ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gni per capita, Iceland or Small states?
Iceland, at 58,381 constant 2015 US$ against 11,959 constant 2015 US$ in Small states as of 2024.
What is the difference in gni per capita between Iceland and Small states?
46,422 constant 2015 US$, with Iceland ahead.
How many years of comparable data are there for Iceland and Small states?
17 years are reported by both, from 2008 to 2024.
How do Iceland and Small states rank globally for gni per capita?
Iceland ranks 12th and Small states ranks 8th of 160 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as GNI per capita (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Small states: GNI per capita. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 25 August 2026, from https://economy.statizoid.com/compare/gni-per-capita-constant-2015-us/iceland/small-states/

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About this data

Indicator
GNI 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
186 places, 6,840 data points, 1960–2025
Last refreshed

Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. 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.