Iceland vs Small states: Gross value added at basic prices (GVA) (current US$), per capita

Iceland
88,429 current US$ per person
in 2025
Small states
15,108 current US$ per person
in 2025
Iceland rank
10th
Small states rank
11th

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

  • Iceland
  • Small states
020.0k40.0k60.0k80.0k197319992025

How they compare

Iceland currently reports 88,429 current US$ per person against 15,108 current US$ per person in Small states, a difference of 73,321 current US$ per person.

That makes Iceland's figure about 5.9 times Small states's.

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

Iceland ranks 10th and Small states ranks 11th of 205 countries.

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

Head to head by decade

Decade Iceland Small states Difference Ahead
1980s 20,149 current US$ per person 2,819 current US$ per person 17,330 current US$ per person Iceland
1990s 24,383 current US$ per person 3,687 current US$ per person 20,697 current US$ per person Iceland
2000s 40,849 current US$ per person 6,803 current US$ per person 34,047 current US$ per person Iceland
2010s 51,839 current US$ per person 10,030 current US$ per person 41,809 current US$ per person Iceland
2020s 70,771 current US$ per person 12,605 current US$ per person 58,166 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$), per capita, Iceland or Small states?
Iceland, at 88,429 current US$ per person against 15,108 current US$ per person in Small states as of 2025.
What is the difference in gross value added at basic prices (gva) (current us$), per capita between Iceland and Small states?
73,321 current US$ per person, with Iceland ahead.
How many years of comparable data are there for Iceland and Small states?
37 years are reported by both, from 1989 to 2025.
How do Iceland and Small states rank globally for gross value added at basic prices (gva) (current us$), per capita?
Iceland ranks 10th and Small states ranks 11th of 205 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Small states: Gross value added at basic prices (GVA) (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-us-per-capita/iceland/small-states/

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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.