Gdp vs happiness in Iceland

Iceland: Gdp vs happiness was 7.54 in 2025. ▬ Flat

Latest (2025)
7.54
Change on year
up 0.3%
World rank
2nd
of 157 countries
All-time high
7.56
in 2014
All-time low
6.89
in 2011
Years of data
14
2011–2025

Gdp vs happiness in Iceland, 2011–2025

024682011201820252011: 6.92012: 7.42014: 7.62015: 7.52016: 7.52017: 7.52018: 7.52019: 7.52020: 7.62021: 7.62022: 7.52023: 7.52024: 7.52025: 7.5

Source: Our World in Data.

Analysis

Iceland recorded 7.54 for gdp vs happiness in 2025.

That represents a change of up 0.3% on the previous year and up 0.5% over ten years.

Over the whole period, gdp vs happiness in Iceland peaked at 7.56 in 2014 and was at its lowest, 6.89, in 2011.

Iceland ranks 2nd of 157 countries on this measure, in the top 10%.

Gdp vs happiness in Iceland, year by year

Annual values for Gdp vs happiness in Iceland, 2011 to 2025.
Year Value Change
2011 6.89 —
2012 7.36 +6.8%
2014 7.56 +2.8%
2015 7.5 -0.8%
2016 7.5 +0.0%
2017 7.5 -0.1%
2018 7.49 -0.0%
2019 7.5 +0.1%
2020 7.55 +0.7%
2021 7.56 +0.0%
2022 7.53 -0.4%
2023 7.53 -0.1%
2024 7.51 -0.1%
2025 7.54 +0.3%

Iceland compared with similar countries

  • Iceland's 7.54 is above the median for high income countries, which is 6.63, 1.1× the median. (51 countries reporting)
  • Iceland's 7.54 is above the median for Europe & Central Asia, which is 6.4, 1.2× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.41 6.89 7.56 8
2020s 7.54 7.51 7.56 6

Countries ranked near Iceland

  1. 1 Finland 7.76 compare
  2. 3 Denmark 7.54 compare
  3. 4 Costa Rica 7.44 compare
  4. 5 Sweden 7.25 compare

See the full ranking of 157 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is gdp vs happiness in Iceland?
Gdp vs happiness in Iceland was 7.54 in 2025, according to Our World in Data.
What is the highest gdp vs happiness recorded in Iceland?
The highest recorded value was 7.56 in 2014.
What is the lowest gdp vs happiness recorded in Iceland?
The lowest recorded value was 6.89 in 2011.
How does Iceland rank for gdp vs happiness?
Iceland ranks 2nd out of 157 countries with data for 2025.
Is gdp vs happiness rising or falling in Iceland?
Over the last ten years it is up 0.5%. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from Our World in Data, published as part of Gdp vs happiness. Statizoid updates them automatically from the source API.

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Gdp vs happiness in Iceland. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/gdp-vs-happiness/iceland/

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About this data

Indicator
Gdp vs happiness
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
157 places, 2,073 data points, 2011–2025
Last refreshed