GDP per capita in international and market dollars in Iceland
Iceland: GDP per capita in international and market dollars was 58,910 constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
58,910 constant 2015 US$
Change on year
down 0.2%
World rank
16th
of 209 countries
All-time high
59,952 constant 2015 US$
in 2023
All-time low
13,936 constant 2015 US$
in 1961
Years of data
66
1960–2025
GDP per capita in international and market dollars in Iceland, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
Iceland recorded 58,910 constant 2015 US$ for gdp per capita in international and market dollars in 2025.
Compared with earlier readings it is down 0.2% on the previous year and up 10.1% over ten years.
Over the whole period, gdp per capita in international and market dollars in Iceland peaked at 59,952 constant 2015 US$ in 2023 and was at its lowest, 13,936 constant 2015 US$, in 1961.
Iceland ranks 16th of 209 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 66 years of available data.
GDP per capita in international and market dollars in Iceland, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 14,221 constant 2015 US$ | — |
| 1961 | 13,936 constant 2015 US$ | -2.0% |
| 1962 | 14,818 constant 2015 US$ | +6.3% |
| 1963 | 16,053 constant 2015 US$ | +8.3% |
| 1964 | 17,329 constant 2015 US$ | +7.9% |
| 1965 | 18,274 constant 2015 US$ | +5.5% |
| 1966 | 19,539 constant 2015 US$ | +6.9% |
| 1967 | 18,984 constant 2015 US$ | -2.8% |
| 1968 | 17,696 constant 2015 US$ | -6.8% |
| 1969 | 17,952 constant 2015 US$ | +1.4% |
| 1970 | 19,190 constant 2015 US$ | +6.9% |
| 1971 | 21,521 constant 2015 US$ | +12.2% |
| 1972 | 22,519 constant 2015 US$ | +4.6% |
| 1973 | 23,691 constant 2015 US$ | +5.2% |
| 1974 | 24,706 constant 2015 US$ | +4.3% |
| 1975 | 24,550 constant 2015 US$ | -0.6% |
| 1976 | 25,756 constant 2015 US$ | +4.9% |
| 1977 | 27,821 constant 2015 US$ | +8.0% |
| 1978 | 29,265 constant 2015 US$ | +5.2% |
| 1979 | 30,389 constant 2015 US$ | +3.8% |
| 1980 | 31,797 constant 2015 US$ | +4.6% |
| 1981 | 32,777 constant 2015 US$ | +3.1% |
| 1982 | 33,039 constant 2015 US$ | +0.8% |
| 1983 | 31,903 constant 2015 US$ | -3.4% |
| 1984 | 32,869 constant 2015 US$ | +3.0% |
| 1985 | 33,685 constant 2015 US$ | +2.5% |
| 1986 | 35,536 constant 2015 US$ | +5.5% |
| 1987 | 38,152 constant 2015 US$ | +7.4% |
| 1988 | 37,526 constant 2015 US$ | -1.6% |
| 1989 | 37,160 constant 2015 US$ | -1.0% |
| 1990 | 37,303 constant 2015 US$ | +0.4% |
| 1991 | 36,790 constant 2015 US$ | -1.4% |
| 1992 | 35,105 constant 2015 US$ | -4.6% |
| 1993 | 35,207 constant 2015 US$ | +0.3% |
| 1994 | 36,162 constant 2015 US$ | +2.7% |
| 1995 | 36,009 constant 2015 US$ | -0.4% |
| 1996 | 37,426 constant 2015 US$ | +3.9% |
| 1997 | 38,657 constant 2015 US$ | +3.3% |
| 1998 | 40,927 constant 2015 US$ | +5.9% |
| 1999 | 42,011 constant 2015 US$ | +2.6% |
| 2000 | 43,472 constant 2015 US$ | +3.5% |
| 2001 | 44,546 constant 2015 US$ | +2.5% |
| 2002 | 44,390 constant 2015 US$ | -0.4% |
| 2003 | 45,089 constant 2015 US$ | +1.6% |
| 2004 | 48,102 constant 2015 US$ | +6.7% |
| 2005 | 50,674 constant 2015 US$ | +5.3% |
| 2006 | 52,306 constant 2015 US$ | +3.2% |
| 2007 | 55,457 constant 2015 US$ | +6.0% |
| 2008 | 55,361 constant 2015 US$ | -0.2% |
| 2009 | 50,581 constant 2015 US$ | -8.6% |
| 2010 | 49,528 constant 2015 US$ | -2.1% |
| 2011 | 50,059 constant 2015 US$ | +1.1% |
| 2012 | 50,375 constant 2015 US$ | +0.6% |
| 2013 | 51,696 constant 2015 US$ | +2.6% |
| 2014 | 52,103 constant 2015 US$ | +0.8% |
| 2015 | 53,506 constant 2015 US$ | +2.7% |
| 2016 | 56,049 constant 2015 US$ | +4.8% |
| 2017 | 56,658 constant 2015 US$ | +1.1% |
| 2018 | 57,732 constant 2015 US$ | +1.9% |
| 2019 | 57,119 constant 2015 US$ | -1.1% |
| 2020 | 52,464 constant 2015 US$ | -8.1% |
| 2021 | 54,285 constant 2015 US$ | +3.5% |
| 2022 | 57,626 constant 2015 US$ | +6.2% |
| 2023 | 59,952 constant 2015 US$ | +4.0% |
| 2024 | 59,054 constant 2015 US$ | -1.5% |
| 2025 | 58,910 constant 2015 US$ | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16,880 constant 2015 US$ | 13,936 constant 2015 US$ | 19,539 constant 2015 US$ | 10 |
| 1970s | 24,941 constant 2015 US$ | 19,190 constant 2015 US$ | 30,389 constant 2015 US$ | 10 |
| 1980s | 34,444 constant 2015 US$ | 31,797 constant 2015 US$ | 38,152 constant 2015 US$ | 10 |
| 1990s | 37,560 constant 2015 US$ | 35,105 constant 2015 US$ | 42,011 constant 2015 US$ | 10 |
| 2000s | 48,998 constant 2015 US$ | 43,472 constant 2015 US$ | 55,457 constant 2015 US$ | 10 |
| 2010s | 53,482 constant 2015 US$ | 49,528 constant 2015 US$ | 57,732 constant 2015 US$ | 10 |
| 2020s | 57,049 constant 2015 US$ | 52,464 constant 2015 US$ | 59,952 constant 2015 US$ | 6 |
Countries ranked near Iceland
- 13 Qatar 61,735 constant 2015 US$ compare
- 14 Australia 61,369 constant 2015 US$ compare
- 15 Faroe Islands 59,302 constant 2015 US$ compare
- 17 Turks and Caicos Islands 57,179 constant 2015 US$ compare
- 18 Sweden 55,014 constant 2015 US$ compare
- 19 Netherlands 51,817 constant 2015 US$ 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)
- Total reserves minus gold (current US$), annual growth rate 19.51 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1932 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 18,994 current US$ per person (2025)
- General government final consumption expenditure (current US$) 16.88 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 25,628 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 8.82 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 33.48 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gdp per capita in international and market dollars in Iceland?
- Gdp per capita in international and market dollars in Iceland was 58,910 constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gdp per capita in international and market dollars recorded in Iceland?
- The highest recorded value was 59,952 constant 2015 US$ in 2023.
- What is the lowest gdp per capita in international and market dollars recorded in Iceland?
- The lowest recorded value was 13,936 constant 2015 US$ in 1961.
- How does Iceland rank for gdp per capita in international and market dollars?
- Iceland ranks 16th out of 209 countries with data for 2025.
- Is gdp per capita in international and market dollars rising or falling in Iceland?
- Over the last ten years it is up 10.1%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of GDP per capita in international and market dollars. Statizoid updates them automatically from the source API.
Download this data
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About this data
Average economic output per person in a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.