Annual national: Disposable income, net in Iceland
Iceland: Annual national: Disposable income, net was 20,154 US dollars, PPP converted in 2024. ▲ Rising
Annual national disposable income, US $, volume, constant PPPs in Iceland, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, PPP converted.
Analysis
Iceland recorded 20,154 US dollars, PPP converted for annual national disposable income, us $, volume, constant ppps in 2024.
The figure is down 1.5% on the previous year and up 36.3% over ten years.
Over the whole period, annual national disposable income, us $, volume, constant ppps in Iceland peaked at 20,454 US dollars, PPP converted in 2023 and was at its lowest, 10,675 US dollars, PPP converted, in 2009.
Iceland ranks 29th of 29 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Annual national: Disposable income, net in Iceland, year by year
| Year | US dollars, PPP converted | Change |
|---|---|---|
| 2000 | 11,414 US dollars, PPP converted | — |
| 2001 | 11,748 US dollars, PPP converted | +2.9% |
| 2002 | 12,222 US dollars, PPP converted | +4.0% |
| 2003 | 12,146 US dollars, PPP converted | -0.6% |
| 2004 | 12,764 US dollars, PPP converted | +5.1% |
| 2005 | 14,008 US dollars, PPP converted | +9.7% |
| 2006 | 14,273 US dollars, PPP converted | +1.9% |
| 2007 | 15,536 US dollars, PPP converted | +8.8% |
| 2008 | 12,320 US dollars, PPP converted | -20.7% |
| 2009 | 10,675 US dollars, PPP converted | -13.4% |
| 2010 | 11,046 US dollars, PPP converted | +3.5% |
| 2011 | 11,834 US dollars, PPP converted | +7.1% |
| 2012 | 12,420 US dollars, PPP converted | +4.9% |
| 2013 | 14,212 US dollars, PPP converted | +14.4% |
| 2014 | 14,792 US dollars, PPP converted | +4.1% |
| 2015 | 16,047 US dollars, PPP converted | +8.5% |
| 2016 | 17,873 US dollars, PPP converted | +11.4% |
| 2017 | 18,262 US dollars, PPP converted | +2.2% |
| 2018 | 18,855 US dollars, PPP converted | +3.2% |
| 2019 | 19,185 US dollars, PPP converted | +1.8% |
| 2020 | 17,536 US dollars, PPP converted | -8.6% |
| 2021 | 18,214 US dollars, PPP converted | +3.9% |
| 2022 | 20,007 US dollars, PPP converted | +9.8% |
| 2023 | 20,454 US dollars, PPP converted | +2.2% |
| 2024 | 20,154 US dollars, PPP converted | -1.5% |
Iceland compared with similar countries
- Iceland's 20,154 US dollars, PPP converted is below the median for high income countries, which is 433,436 US dollars, PPP converted, 5% of the median. (27 countries reporting)
- Iceland's 20,154 US dollars, PPP converted is below the median for Europe & Central Asia, which is 396,857 US dollars, PPP converted, 5% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12,711 US dollars, PPP converted | 10,675 US dollars, PPP converted | 15,536 US dollars, PPP converted | 10 |
| 2010s | 15,452 US dollars, PPP converted | 11,046 US dollars, PPP converted | 19,185 US dollars, PPP converted | 10 |
| 2020s | 19,273 US dollars, PPP converted | 17,536 US dollars, PPP converted | 20,454 US dollars, PPP converted | 5 |
Countries ranked near Iceland
- 26 Bulgaria 160,631 US dollars, PPP converted compare
- 27 Costa Rica 118,174 US dollars, PPP converted compare
- 28 Luxembourg 44,004 US dollars, PPP converted compare
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual national disposable income, us $, volume, constant ppps in Iceland?
- Annual national disposable income, us $, volume, constant ppps in Iceland was 20,154 US dollars, PPP converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual national disposable income, us $, volume, constant ppps recorded in Iceland?
- The highest recorded value was 20,454 US dollars, PPP converted in 2023.
- What is the lowest annual national disposable income, us $, volume, constant ppps recorded in Iceland?
- The lowest recorded value was 10,675 US dollars, PPP converted in 2009.
- How does Iceland rank for annual national disposable income, us $, volume, constant ppps?
- Iceland ranks 29th out of 29 countries with data for 2024.
- Is annual national disposable income, us $, volume, constant ppps rising or falling in Iceland?
- Over the last ten years it is up 36.3%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual national disposable income, US $, volume, constant PPPs — Disposable income, net. Statizoid updates them automatically from the source API.
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About this data
This table presents countries' annual national disposable income (net). Net disposable income is calculated by deducting the consumption of fixed capital (depreciation) from gross national disposal income. The data is in US dollars converted using Purchasing Power Parities (PPPs) and in constant prices (chain linked volumes rebased to 2020). The indicators were presented in the previous dissemination system in the SNA_TABLE2 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org