GDP per capita, PPP in Iceland
Iceland: GDP per capita, PPP was 68,065 constant 2021 international $ in 2025. ▲ Rising
GDP per capita, PPP in Iceland, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2025, gdp per capita, ppp in Iceland stood at 68,065 constant 2021 international $.
That represents a change of down 0.2% on the previous year and up 10.1% over ten years.
Over the whole period, gdp per capita, ppp in Iceland peaked at 69,268 constant 2021 international $ in 2023 and was at its lowest, 40,561 constant 2021 international $, in 1992.
Iceland ranks 20th of 199 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 36 years of available data.
GDP per capita, PPP in Iceland, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1990 | 43,100 constant 2021 international $ | — |
| 1991 | 42,508 constant 2021 international $ | -1.4% |
| 1992 | 40,561 constant 2021 international $ | -4.6% |
| 1993 | 40,678 constant 2021 international $ | +0.3% |
| 1994 | 41,782 constant 2021 international $ | +2.7% |
| 1995 | 41,604 constant 2021 international $ | -0.4% |
| 1996 | 43,241 constant 2021 international $ | +3.9% |
| 1997 | 44,664 constant 2021 international $ | +3.3% |
| 1998 | 47,287 constant 2021 international $ | +5.9% |
| 1999 | 48,539 constant 2021 international $ | +2.6% |
| 2000 | 50,228 constant 2021 international $ | +3.5% |
| 2001 | 51,468 constant 2021 international $ | +2.5% |
| 2002 | 51,288 constant 2021 international $ | -0.4% |
| 2003 | 52,096 constant 2021 international $ | +1.6% |
| 2004 | 55,577 constant 2021 international $ | +6.7% |
| 2005 | 58,549 constant 2021 international $ | +5.3% |
| 2006 | 60,434 constant 2021 international $ | +3.2% |
| 2007 | 64,075 constant 2021 international $ | +6.0% |
| 2008 | 63,964 constant 2021 international $ | -0.2% |
| 2009 | 58,441 constant 2021 international $ | -8.6% |
| 2010 | 57,225 constant 2021 international $ | -2.1% |
| 2011 | 57,838 constant 2021 international $ | +1.1% |
| 2012 | 58,204 constant 2021 international $ | +0.6% |
| 2013 | 59,730 constant 2021 international $ | +2.6% |
| 2014 | 60,199 constant 2021 international $ | +0.8% |
| 2015 | 61,820 constant 2021 international $ | +2.7% |
| 2016 | 64,759 constant 2021 international $ | +4.8% |
| 2017 | 65,462 constant 2021 international $ | +1.1% |
| 2018 | 66,703 constant 2021 international $ | +1.9% |
| 2019 | 65,995 constant 2021 international $ | -1.1% |
| 2020 | 60,617 constant 2021 international $ | -8.1% |
| 2021 | 62,721 constant 2021 international $ | +3.5% |
| 2022 | 66,581 constant 2021 international $ | +6.2% |
| 2023 | 69,268 constant 2021 international $ | +4.0% |
| 2024 | 68,230 constant 2021 international $ | -1.5% |
| 2025 | 68,065 constant 2021 international $ | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43,396 constant 2021 international $ | 40,561 constant 2021 international $ | 48,539 constant 2021 international $ | 10 |
| 2000s | 56,612 constant 2021 international $ | 50,228 constant 2021 international $ | 64,075 constant 2021 international $ | 10 |
| 2010s | 61,794 constant 2021 international $ | 57,225 constant 2021 international $ | 66,703 constant 2021 international $ | 10 |
| 2020s | 65,914 constant 2021 international $ | 60,617 constant 2021 international $ | 69,268 constant 2021 international $ | 6 |
Countries ranked near Iceland
- 17 San Marino 70,952 constant 2021 international $ compare
- 18 United Arab Emirates 69,702 constant 2021 international $ compare
- 19 Hong Kong 68,725 constant 2021 international $ compare
- 21 Andorra 67,993 constant 2021 international $ compare
- 22 Austria 63,970 constant 2021 international $ compare
- 23 Malta 63,656 constant 2021 international $ 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 115.52 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 11.36 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5382 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 52,920 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 83.85 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gdp per capita, ppp in Iceland?
- Gdp per capita, ppp in Iceland was 68,065 constant 2021 international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp per capita, ppp recorded in Iceland?
- The highest recorded value was 69,268 constant 2021 international $ in 2023.
- What is the lowest gdp per capita, ppp recorded in Iceland?
- The lowest recorded value was 40,561 constant 2021 international $ in 1992.
- How does Iceland rank for gdp per capita, ppp?
- Iceland ranks 20th out of 199 countries with data for 2025.
- Is gdp per capita, ppp 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 International Comparison Program (ICP), World Bank (WB), published as part of GDP per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross domestic product (GDP) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.