Gdp per capita maddison project database in Iceland
Iceland: Gdp per capita maddison project database was 42,146 in 2022. ◆ Volatile
Latest (2022)
42,146
Change on year
up 4.3%
World rank
21st
of 166 countries
All-time high
43,321
in 2018
All-time low
1,563
in 1870
Years of data
153
1870–2022
Gdp per capita maddison project database in Iceland, 1870–2022
Source: Our World in Data.
Analysis
Iceland recorded 42,146 for gdp per capita maddison project database in 2022.
The figure is up 4.3% on the previous year and up 14.1% over ten years.
Over the whole period, gdp per capita maddison project database in Iceland peaked at 43,321 in 2018 and was at its lowest, 1,563, in 1870.
That places Iceland 21st out of 166 countries with data for 2022, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gdp per capita maddison project database in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1870 | 1,563 | — |
| 1871 | 1,591 | +1.8% |
| 1872 | 1,585 | -0.4% |
| 1873 | 1,657 | +4.5% |
| 1874 | 1,707 | +3.0% |
| 1875 | 1,700 | -0.4% |
| 1876 | 1,672 | -1.6% |
| 1877 | 1,708 | +2.1% |
| 1878 | 1,771 | +3.7% |
| 1879 | 1,875 | +5.8% |
| 1880 | 1,986 | +6.0% |
| 1881 | 1,990 | +0.2% |
| 1882 | 1,776 | -10.7% |
| 1883 | 1,708 | -3.8% |
| 1884 | 1,729 | +1.2% |
| 1885 | 1,765 | +2.1% |
| 1886 | 1,771 | +0.3% |
| 1887 | 1,741 | -1.7% |
| 1888 | 1,802 | +3.5% |
| 1889 | 1,879 | +4.3% |
| 1890 | 1,958 | +4.2% |
| 1891 | 2,005 | +2.4% |
| 1892 | 2,133 | +6.4% |
| 1893 | 2,271 | +6.5% |
| 1894 | 2,297 | +1.1% |
| 1895 | 2,247 | -2.2% |
| 1896 | 2,291 | +2.0% |
| 1897 | 2,276 | -0.7% |
| 1898 | 2,208 | -3.0% |
| 1899 | 2,205 | -0.1% |
| 1900 | 2,289 | +3.8% |
| 1901 | 2,392 | +4.5% |
| 1902 | 2,448 | +2.3% |
| 1903 | 2,446 | -0.1% |
| 1904 | 2,461 | +0.6% |
| 1905 | 2,624 | +6.6% |
| 1906 | 2,683 | +2.2% |
| 1907 | 2,780 | +3.6% |
| 1908 | 2,767 | -0.5% |
| 1909 | 2,740 | -1.0% |
| 1910 | 2,920 | +6.6% |
| 1911 | 3,037 | +4.0% |
| 1912 | 3,068 | +1.0% |
| 1913 | 3,212 | +4.7% |
| 1914 | 3,139 | -2.3% |
| 1915 | 3,075 | -2.0% |
| 1916 | 2,716 | -11.7% |
| 1917 | 2,663 | -2.0% |
| 1918 | 2,497 | -6.2% |
| 1919 | 2,890 | +15.7% |
| 1920 | 2,451 | -15.2% |
| 1921 | 2,684 | +9.5% |
| 1922 | 3,012 | +12.2% |
| 1923 | 2,851 | -5.3% |
| 1924 | 3,029 | +6.2% |
| 1925 | 3,037 | +0.3% |
| 1926 | 3,259 | +7.3% |
| 1927 | 3,576 | +9.7% |
| 1928 | 3,706 | +3.7% |
| 1929 | 3,919 | +5.7% |
| 1930 | 4,337 | +10.7% |
| 1931 | 4,251 | -2.0% |
| 1932 | 4,069 | -4.3% |
| 1933 | 4,475 | +10.0% |
| 1934 | 4,500 | +0.6% |
| 1935 | 4,332 | -3.7% |
| 1936 | 4,313 | -0.4% |
| 1937 | 4,479 | +3.9% |
| 1938 | 4,484 | +0.1% |
| 1939 | 4,980 | +11.1% |
| 1940 | 5,235 | +5.1% |
| 1941 | 5,916 | +13.0% |
| 1942 | 6,832 | +15.5% |
| 1943 | 7,198 | +5.4% |
| 1944 | 7,776 | +8.0% |
| 1945 | 8,282 | +6.5% |
| 1946 | 8,490 | +2.5% |
| 1947 | 9,231 | +8.7% |
| 1948 | 9,215 | -0.2% |
| 1949 | 8,868 | -3.8% |
| 1950 | 8,498 | -4.2% |
| 1951 | 8,080 | -4.9% |
| 1952 | 8,823 | +9.2% |
| 1953 | 8,886 | +0.7% |
| 1954 | 9,446 | +6.3% |
| 1955 | 10,096 | +6.9% |
| 1956 | 10,323 | +2.2% |
| 1957 | 10,079 | -2.4% |
| 1958 | 10,568 | +4.9% |
| 1959 | 10,702 | +1.3% |
| 1960 | 10,959 | +2.4% |
| 1961 | 10,728 | -2.1% |
| 1962 | 11,435 | +6.6% |
| 1963 | 12,366 | +8.1% |
| 1964 | 13,386 | +8.2% |
| 1965 | 14,100 | +5.3% |
| 1966 | 15,058 | +6.8% |
| 1967 | 14,642 | -2.8% |
| 1968 | 13,648 | -6.8% |
| 1969 | 13,880 | +1.7% |
| 1970 | 14,830 | +6.8% |
| 1971 | 16,606 | +12.0% |
| 1972 | 17,366 | +4.6% |
| 1973 | 18,277 | +5.2% |
| 1974 | 19,054 | +4.3% |
| 1975 | 18,935 | -0.6% |
| 1976 | 19,877 | +5.0% |
| 1977 | 21,465 | +8.0% |
| 1978 | 22,579 | +5.2% |
| 1979 | 23,443 | +3.8% |
| 1980 | 24,528 | +4.6% |
| 1981 | 25,284 | +3.1% |
| 1982 | 25,477 | +0.8% |
| 1983 | 24,605 | -3.4% |
| 1984 | 25,357 | +3.1% |
| 1985 | 25,990 | +2.5% |
| 1986 | 27,439 | +5.6% |
| 1987 | 29,576 | +7.8% |
| 1988 | 28,934 | -2.2% |
| 1989 | 28,652 | -1.0% |
| 1990 | 28,760 | +0.4% |
| 1991 | 28,258 | -1.7% |
| 1992 | 26,859 | -4.9% |
| 1993 | 26,834 | -0.1% |
| 1994 | 27,458 | +2.3% |
| 1995 | 27,236 | -0.8% |
| 1996 | 28,278 | +3.8% |
| 1997 | 29,939 | +5.9% |
| 1998 | 31,445 | +5.0% |
| 1999 | 32,187 | +2.4% |
| 2000 | 33,108 | +2.9% |
| 2001 | 33,794 | +2.1% |
| 2002 | 33,470 | -1.0% |
| 2003 | 33,921 | +1.3% |
| 2004 | 36,209 | +6.7% |
| 2005 | 37,884 | +4.6% |
| 2006 | 38,707 | +2.2% |
| 2007 | 41,111 | +6.2% |
| 2008 | 40,810 | -0.7% |
| 2009 | 37,702 | -7.6% |
| 2010 | 36,273 | -3.8% |
| 2011 | 36,740 | +1.3% |
| 2012 | 36,934 | +0.5% |
| 2013 | 38,246 | +3.6% |
| 2014 | 38,463 | +0.6% |
| 2015 | 39,756 | +3.4% |
| 2016 | 41,683 | +4.8% |
| 2017 | 42,419 | +1.8% |
| 2018 | 43,321 | +2.1% |
| 2019 | 43,137 | -0.4% |
| 2020 | 39,368 | -8.7% |
| 2021 | 40,413 | +2.7% |
| 2022 | 42,146 | +4.3% |
Iceland compared with similar countries
- Iceland's 42,146 is above the median for high income countries, which is 38,250, 1.1× the median. (55 countries reporting)
- Iceland's 42,146 is above the median for Europe & Central Asia, which is 28,256, 1.5× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1870s | 1,683 | 1,563 | 1,875 | 10 |
| 1880s | 1,815 | 1,708 | 1,990 | 10 |
| 1890s | 2,189 | 1,958 | 2,297 | 10 |
| 1900s | 2,563 | 2,289 | 2,780 | 10 |
| 1910s | 2,922 | 2,497 | 3,212 | 10 |
| 1920s | 3,152 | 2,451 | 3,919 | 10 |
| 1930s | 4,422 | 4,069 | 4,980 | 10 |
| 1940s | 7,704 | 5,235 | 9,231 | 10 |
| 1950s | 9,550 | 8,080 | 10,702 | 10 |
| 1960s | 13,020 | 10,728 | 15,058 | 10 |
| 1970s | 19,243 | 14,830 | 23,443 | 10 |
| 1980s | 26,584 | 24,528 | 29,576 | 10 |
| 1990s | 28,725 | 26,834 | 32,187 | 10 |
| 2000s | 36,672 | 33,108 | 41,111 | 10 |
| 2010s | 39,697 | 36,273 | 43,321 | 10 |
| 2020s | 40,642 | 39,368 | 42,146 | 3 |
Countries ranked near Iceland
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 gdp per capita maddison project database in Iceland?
- Gdp per capita maddison project database in Iceland was 42,146 in 2022, according to Our World in Data.
- What is the highest gdp per capita maddison project database recorded in Iceland?
- The highest recorded value was 43,321 in 2018.
- What is the lowest gdp per capita maddison project database recorded in Iceland?
- The lowest recorded value was 1,563 in 1870.
- How does Iceland rank for gdp per capita maddison project database?
- Iceland ranks 21st out of 166 countries with data for 2022.
- Is gdp per capita maddison project database rising or falling in Iceland?
- Over the last ten years it is up 14.1%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Gdp per capita maddison project database. Statizoid updates them automatically from the source API.
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