Europe & Central Asia (IDA & IBRD countries) vs Iceland: Gross value added at basic prices (GVA) (current US$), per capita

Europe & Central Asia (IDA & IBRD countries)
13,744 current US$ per person
in 2025
Iceland
88,429 current US$ per person
in 2025
Europe & Central Asia (IDA & IBRD countries) rank
12th
Iceland rank
10th

Gross value added at basic prices (GVA) (current US$), per capita over time

  • Europe & Central Asia (IDA & IBRD countries)
  • Iceland
020.0k40.0k60.0k80.0k197319992025

How they compare

Iceland currently reports 88,429 current US$ per person against 13,744 current US$ per person in Europe & Central Asia (IDA & IBRD countries), a difference of 74,685 current US$ per person.

That makes Iceland's figure about 6.4 times Europe & Central Asia (IDA & IBRD countries)'s.

Across all 37 years both countries report, Iceland has been ahead every year.

Europe & Central Asia (IDA & IBRD countries) ranks 12th and Iceland ranks 10th of 38 groups.

Iceland has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Europe & Central Asia (IDA & IBRD countries) Iceland Difference Ahead
1980s 2,264 current US$ per person 20,149 current US$ per person 17,885 current US$ per person Iceland
1990s 2,085 current US$ per person 24,383 current US$ per person 22,299 current US$ per person Iceland
2000s 4,084 current US$ per person 40,849 current US$ per person 36,765 current US$ per person Iceland
2010s 8,159 current US$ per person 51,839 current US$ per person 43,680 current US$ per person Iceland
2020s 10,577 current US$ per person 70,771 current US$ per person 60,194 current US$ per person Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (current us$), per capita, Europe & Central Asia (IDA & IBRD countries) or Iceland?
Iceland, at 88,429 current US$ per person against 13,744 current US$ per person in Europe & Central Asia (IDA & IBRD countries) as of 2025.
What is the difference in gross value added at basic prices (gva) (current us$), per capita between Europe & Central Asia (IDA & IBRD countries) and Iceland?
74,685 current US$ per person, with Iceland ahead.
How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Iceland?
37 years are reported by both, from 1989 to 2025.
How do Europe & Central Asia (IDA & IBRD countries) and Iceland rank globally for gross value added at basic prices (gva) (current us$), per capita?
Europe & Central Asia (IDA & IBRD countries) ranks 12th and Iceland ranks 10th of 38 groups.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (IDA & IBRD countries) vs Iceland: Gross value added at basic prices (GVA) (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-us-per-capita/europe-and-central-asia-ida-and-ibrd-countries/iceland/

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.