Australia vs Iceland: Gross domestic product (GDP), per capita

Australia
63,829 international-$ in 2021 prices per person
in 2023
Iceland
63,507 international-$ in 2021 prices per person
in 2023
Australia rank
14th
Iceland rank
15th

Gross domestic product (GDP), per capita over time

  • Australia
  • Iceland
20.0k40.0k60.0k196019912023

How they compare

Australia currently reports 63,829 international-$ in 2021 prices per person against 63,507 international-$ in 2021 prices per person in Iceland, a difference of 322 international-$ in 2021 prices per person.

The two have swapped places 8 times across 64 shared years of data; in 1960 it was Australia ahead.

Australia ranks 14th and Iceland ranks 15th of 181 countries.

Across the 7 decades both report, Australia averaged higher in 4 and Iceland in 3.

Head to head by decade

Decade Australia Iceland Difference Ahead
1960s 20,520 international-$ in 2021 prices per person 17,649 international-$ in 2021 prices per person 2,871 international-$ in 2021 prices per person Australia
1970s 25,396 international-$ in 2021 prices per person 26,500 international-$ in 2021 prices per person 1,104 international-$ in 2021 prices per person Iceland
1980s 29,918 international-$ in 2021 prices per person 36,404 international-$ in 2021 prices per person 6,486 international-$ in 2021 prices per person Iceland
1990s 37,288 international-$ in 2021 prices per person 39,971 international-$ in 2021 prices per person 2,683 international-$ in 2021 prices per person Iceland
2000s 48,849 international-$ in 2021 prices per person 48,218 international-$ in 2021 prices per person 630.93 international-$ in 2021 prices per person Australia
2010s 57,942 international-$ in 2021 prices per person 52,206 international-$ in 2021 prices per person 5,736 international-$ in 2021 prices per person Australia
2020s 63,557 international-$ in 2021 prices per person 58,741 international-$ in 2021 prices per person 4,816 international-$ in 2021 prices per person Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), per capita, Australia or Iceland?
Australia, at 63,829 international-$ in 2021 prices per person against 63,507 international-$ in 2021 prices per person in Iceland as of 2023.
What is the difference in gross domestic product (gdp), per capita between Australia and Iceland?
322 international-$ in 2021 prices per person, with Australia ahead.
How many years of comparable data are there for Australia and Iceland?
64 years are reported by both, from 1960 to 2023.
How do Australia and Iceland rank globally for gross domestic product (gdp), per capita?
Australia ranks 14th and Iceland ranks 15th of 181 countries.
Where does this data come from?
Statizoid (derived), published as Gross domestic product (GDP), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Iceland: Gross domestic product (GDP), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-per-capita/australia/iceland/

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About this data

Indicator
Gross domestic product (GDP), per capita
Unit
international-$ in 2021 prices per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
181 places, 10,076 data points, 1960–2023
Last refreshed

Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.