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

Iceland
88,429 current US$ per person
in 2025
World
12,010 current US$ per person
in 2024
Iceland rank
10th
World rank
13th

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

  • Iceland
  • World
020.0k40.0k60.0k80.0k197019972025

How they compare

Iceland currently reports 88,429 current US$ per person against 12,010 current US$ per person in World, a difference of 76,419 current US$ per person.

That makes Iceland's figure about 7.4 times World's.

Across all 52 years both countries report, Iceland has been ahead every year.

Iceland ranks 10th and World ranks 13th of 205 countries.

Iceland has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Iceland World Difference Ahead
1970s 7,558 current US$ per person 1,842 current US$ per person 5,716 current US$ per person Iceland
1980s 14,882 current US$ per person 3,230 current US$ per person 11,652 current US$ per person Iceland
1990s 24,383 current US$ per person 5,398 current US$ per person 18,986 current US$ per person Iceland
2000s 40,849 current US$ per person 7,395 current US$ per person 33,455 current US$ per person Iceland
2010s 51,839 current US$ per person 9,978 current US$ per person 41,860 current US$ per person Iceland
2020s 67,239 current US$ per person 11,186 current US$ per person 56,053 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$), per capita, Iceland or World?
Iceland, at 88,429 current US$ per person against 12,010 current US$ per person in World as of 2025.
What is the difference in gross value added at basic prices (gva) (current us$), per capita between Iceland and World?
76,419 current US$ per person, with Iceland ahead.
How many years of comparable data are there for Iceland and World?
52 years are reported by both, from 1973 to 2024.
How do Iceland and World rank globally for gross value added at basic prices (gva) (current us$), per capita?
Iceland ranks 10th and World ranks 13th of 205 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs World: 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/world/

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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.