GDP per capita in Iceland
Iceland: GDP per capita was 98,324 current US$ in 2025. ◆ Volatile
GDP per capita in Iceland, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Iceland recorded 98,324 current US$ for gdp per capita in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 14.5% on the previous year and up 83.8% over ten years.
Over the whole period, gdp per capita in Iceland peaked at 98,324 current US$ in 2025 and was at its lowest, 1,486 current US$, in 1960.
Iceland ranks 9th of 211 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2,309 current US$ | 1,486 current US$ | 3,378 current US$ | 10 |
| 1970s | 7,265 current US$ | 2,666 current US$ | 13,082 current US$ | 10 |
| 1980s | 17,119 current US$ | 12,080 current US$ | 25,307 current US$ | 10 |
| 1990s | 28,031 current US$ | 24,404 current US$ | 32,834 current US$ | 10 |
| 2000s | 46,763 current US$ | 29,208 current US$ | 70,483 current US$ | 10 |
| 2010s | 57,821 current US$ | 43,776 current US$ | 75,634 current US$ | 10 |
| 2020s | 78,886 current US$ | 60,128 current US$ | 98,324 current US$ | 6 |
Countries ranked near Iceland
- 6 Switzerland 114,769 current US$ compare
- 7 Cayman Islands 104,293 current US$ compare
- 8 Singapore 98,814 current US$ compare
- 10 Norway 94,594 current US$ compare
- 11 United States 90,026 current US$ compare
- 12 Isle of Man 90,015 current US$ compare
More economy & growth data for Iceland
- External balance on goods and services as a percent of GDP -2.3% (2025)
- Inflation of consumer prices 4.1% (2025)
- GDP per capita 58,910 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.5% (2025)
- Gross domestic product (GDP) 23.12 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 58,910 constant 2015 US$ (2025)
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
Frequently asked questions
- What is gdp per capita in Iceland?
- Gdp per capita in Iceland was 98,324 current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Iceland?
- The highest recorded value was 98,324 current US$ in 2025.
- What is the lowest gdp per capita recorded in Iceland?
- The lowest recorded value was 1,486 current US$ in 1960.
- How does Iceland rank for gdp per capita?
- Iceland ranks 9th out of 211 countries with data for 2025.
- Is gdp per capita rising or falling in Iceland?
- Over the last ten years it is up 83.8%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP per capita (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.