GDP per capita in Iceland
Iceland: GDP per capita was 11.87 million in 2024. β Volatile
Latest (2024)
11.87 million
Change on year
up 4.8%
World rank
4th
of 74 countries
All-time high
11.87 million
in 2024
All-time low
537.96
in 1960
Years of data
65
1960β2024
GDP per capita in Iceland, 1960β2024
Source: UNICEF.
Analysis
In 2024, gdp per capita in Iceland stood at 11.87 million. That is the highest value across all 65 years on record.
The figure is up 4.8% on the previous year and up 84.4% over ten years.
Over the whole period, gdp per capita in Iceland peaked at 11.87 million in 2024 and was at its lowest, 537.96, in 1960.
That places Iceland 4th out of 74 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1,126 | 537.96 | 1,885 | 10 |
| 1970s | 14,405 | 2,346 | 46,129 | 10 |
| 1980s | 559,514 | 73,595 | 1.32 million | 10 |
| 1990s | 1.85 million | 1.53 million | 2.38 million | 10 |
| 2000s | 3.72 million | 2.56 million | 5.13 million | 10 |
| 2010s | 6.85 million | 5.35 million | 8.50 million | 10 |
| 2020s | 10.12 million | 8.14 million | 11.87 million | 5 |
Countries ranked near Iceland
- 1 Iran (Islamic Republic of) 2.35 billion compare
- 2 Lebanon 298.49 million compare
- 3 Uzbekistan 40.00 million compare
- 5 Hungary 8.52 million compare
- 6 Iraq 7.90 million compare
- 7 Kazakhstan 6.64 million compare
More economy & growth data for Iceland
- 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)
- Taxes less subsidies on products (current LCU), annual growth rate -1.47 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 12.93 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 1.27 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0058 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 171.46 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 125.2 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.008 (2025)
- Gdp worldbank constant usd, annual growth rate 1.28 % change on previous year (2025)
Frequently asked questions
- What is gdp per capita in Iceland?
- Gdp per capita in Iceland was 11.87 million in 2024, according to UNICEF.
- What is the highest gdp per capita recorded in Iceland?
- The highest recorded value was 11.87 million in 2024.
- What is the lowest gdp per capita recorded in Iceland?
- The lowest recorded value was 537.96 in 1960.
- How does Iceland rank for gdp per capita?
- Iceland ranks 4th out of 74 countries with data for 2024.
- Is gdp per capita rising or falling in Iceland?
- Over the last ten years it is up 84.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from UNICEF, published as part of GDP per capita (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 65 observations, free to reuse under UNICEF Terms of Use (attribution required).