GDP per capita, PPP in Iceland
Iceland: GDP per capita, PPP was 83,431 current international $ in 2025. ▲ Rising
GDP per capita, PPP in Iceland, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
The most recent figure for gdp per capita, ppp in Iceland is 83,431 current international $, measured in 2025.
That represents a change of down 0.2% on the previous year and up 67.8% over ten years.
Over the whole period, gdp per capita, ppp in Iceland peaked at 83,561 current international $ in 2024 and was at its lowest, 22,642 current international $, in 1992.
That places Iceland 14th out of 204 countries with data for 2025, putting it 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 | current international $ | Change |
|---|---|---|
| 1990 | 22,754 current international $ | — |
| 1991 | 23,200 current international $ | +2.0% |
| 1992 | 22,642 current international $ | -2.4% |
| 1993 | 23,245 current international $ | +2.7% |
| 1994 | 24,386 current international $ | +4.9% |
| 1995 | 24,792 current international $ | +1.7% |
| 1996 | 25,645 current international $ | +3.4% |
| 1997 | 27,397 current international $ | +6.8% |
| 1998 | 29,176 current international $ | +6.5% |
| 1999 | 29,971 current international $ | +2.7% |
| 2000 | 30,167 current international $ | +0.7% |
| 2001 | 32,225 current international $ | +6.8% |
| 2002 | 32,949 current international $ | +2.2% |
| 2003 | 33,084 current international $ | +0.4% |
| 2004 | 35,970 current international $ | +8.7% |
| 2005 | 37,973 current international $ | +5.6% |
| 2006 | 40,160 current international $ | +5.8% |
| 2007 | 42,060 current international $ | +4.7% |
| 2008 | 44,147 current international $ | +5.0% |
| 2009 | 42,070 current international $ | -4.7% |
| 2010 | 40,260 current international $ | -4.3% |
| 2011 | 41,400 current international $ | +2.8% |
| 2012 | 42,552 current international $ | +2.8% |
| 2013 | 44,738 current international $ | +5.1% |
| 2014 | 46,472 current international $ | +3.9% |
| 2015 | 49,716 current international $ | +7.0% |
| 2016 | 54,228 current international $ | +9.1% |
| 2017 | 56,385 current international $ | +4.0% |
| 2018 | 58,106 current international $ | +3.1% |
| 2019 | 61,270 current international $ | +5.4% |
| 2020 | 56,841 current international $ | -7.2% |
| 2021 | 62,721 current international $ | +10.3% |
| 2022 | 76,592 current international $ | +22.1% |
| 2023 | 82,256 current international $ | +7.4% |
| 2024 | 83,561 current international $ | +1.6% |
| 2025 | 83,431 current international $ | -0.2% |
Iceland compared with similar countries
- Iceland's 83,431 current international $ is above the median for high income countries, which is 60,178 current international $, 1.4× the median. (74 countries reporting)
- Iceland's 83,431 current international $ is above the median for Europe & Central Asia, which is 52,106 current international $, 1.6× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25,321 current international $ | 22,642 current international $ | 29,971 current international $ | 10 |
| 2000s | 37,081 current international $ | 30,167 current international $ | 44,147 current international $ | 10 |
| 2010s | 49,513 current international $ | 40,260 current international $ | 61,270 current international $ | 10 |
| 2020s | 74,234 current international $ | 56,841 current international $ | 83,561 current international $ | 6 |
Countries ranked near Iceland
- 11 Cayman Islands 92,201 current international $ compare
- 12 United States 90,026 current international $ compare
- 13 Netherlands 87,320 current international $ compare
- 15 Denmark 83,218 current international $ compare
- 16 Faroe Islands 82,089 current international $ compare
- 17 Hong Kong 80,423 current 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is gdp per capita, ppp in Iceland?
- Gdp per capita, ppp in Iceland was 83,431 current 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 83,561 current international $ in 2024.
- What is the lowest gdp per capita, ppp recorded in Iceland?
- The lowest recorded value was 22,642 current international $ in 1992.
- How does Iceland rank for gdp per capita, ppp?
- Iceland ranks 14th out of 204 countries with data for 2025.
- Is gdp per capita, ppp rising or falling in Iceland?
- Over the last ten years it is up 67.8%. 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 (current international $). Statizoid updates them automatically from the source API.
Download this data
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About this data
This indicator provides values for gross domestic product (GDP) per person expressed in current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. 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. 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.