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GNI (constant 2015 US$), per unit of GDP in Iceland

Iceland: GNI (constant 2015 US$), per unit of GDP was 0.6799 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.6799 constant 2015 US$ per US$ of GDP
Change on year
down 4.9%
World rank
133rd
of 161 countries
All-time high
1.52 constant 2015 US$ per US$ of GDP
in 2001
All-time low
0.6799 constant 2015 US$ per US$ of GDP
in 2024
Years of data
25
2000–2024

GNI (constant 2015 US$), per unit of GDP in Iceland, 2000–2024

00.511.52000201220242000: 1.3 constant 2015 US$ per US$ of GDP2001: 1.5 constant 2015 US$ per US$ of GDP2002: 1.4 constant 2015 US$ per US$ of GDP2003: 1.1 constant 2015 US$ per US$ of GDP2004: 0.976 constant 2015 US$ per US$ of GDP2005: 0.863 constant 2015 US$ per US$ of GDP2006: 0.863 constant 2015 US$ per US$ of GDP2007: 0.755 constant 2015 US$ per US$ of GDP2008: 0.766 constant 2015 US$ per US$ of GDP2009: 0.996 constant 2015 US$ per US$ of GDP2010: 0.959 constant 2015 US$ per US$ of GDP2011: 0.906 constant 2015 US$ per US$ of GDP2012: 0.963 constant 2015 US$ per US$ of GDP2013: 0.992 constant 2015 US$ per US$ of GDP2014: 0.911 constant 2015 US$ per US$ of GDP2015: 1 constant 2015 US$ per US$ of GDP2016: 0.909 constant 2015 US$ per US$ of GDP2017: 0.785 constant 2015 US$ per US$ of GDP2018: 0.764 constant 2015 US$ per US$ of GDP2019: 0.836 constant 2015 US$ per US$ of GDP2020: 0.887 constant 2015 US$ per US$ of GDP2021: 0.771 constant 2015 US$ per US$ of GDP2022: 0.755 constant 2015 US$ per US$ of GDP2023: 0.715 constant 2015 US$ per US$ of GDP2024: 0.68 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

Iceland recorded 0.6799 constant 2015 US$ per US$ of GDP for gni (constant 2015 us$), per unit of gdp in 2024. That is the lowest value across all 25 years on record.

That represents a change of down 4.9% on the previous year and down 25.4% over ten years.

Over the whole period, gni (constant 2015 us$), per unit of gdp in Iceland peaked at 1.52 constant 2015 US$ per US$ of GDP in 2001 and was at its lowest, 0.6799 constant 2015 US$ per US$ of GDP, in 2024.

That places Iceland 133rd out of 161 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 25 years of available data.

GNI (constant 2015 US$), per unit of GDP in Iceland, year by year

Year constant 2015 US$ per US$ of GDP Change
2000 1.34 constant 2015 US$ per US$ of GDP —
2001 1.52 constant 2015 US$ per US$ of GDP +13.8%
2002 1.39 constant 2015 US$ per US$ of GDP -8.3%
2003 1.13 constant 2015 US$ per US$ of GDP -18.9%
2004 0.9762 constant 2015 US$ per US$ of GDP -13.6%
2005 0.8632 constant 2015 US$ per US$ of GDP -11.6%
2006 0.8628 constant 2015 US$ per US$ of GDP -0.1%
2007 0.755 constant 2015 US$ per US$ of GDP -12.5%
2008 0.7658 constant 2015 US$ per US$ of GDP +1.4%
2009 0.9958 constant 2015 US$ per US$ of GDP +30.0%
2010 0.959 constant 2015 US$ per US$ of GDP -3.7%
2011 0.9056 constant 2015 US$ per US$ of GDP -5.6%
2012 0.9626 constant 2015 US$ per US$ of GDP +6.3%
2013 0.9919 constant 2015 US$ per US$ of GDP +3.0%
2014 0.9108 constant 2015 US$ per US$ of GDP -8.2%
2015 0.9997 constant 2015 US$ per US$ of GDP +9.8%
2016 0.9093 constant 2015 US$ per US$ of GDP -9.0%
2017 0.7853 constant 2015 US$ per US$ of GDP -13.6%
2018 0.7643 constant 2015 US$ per US$ of GDP -2.7%
2019 0.8357 constant 2015 US$ per US$ of GDP +9.3%
2020 0.8869 constant 2015 US$ per US$ of GDP +6.1%
2021 0.7706 constant 2015 US$ per US$ of GDP -13.1%
2022 0.755 constant 2015 US$ per US$ of GDP -2.0%
2023 0.7153 constant 2015 US$ per US$ of GDP -5.3%
2024 0.6799 constant 2015 US$ per US$ of GDP -4.9%

Iceland compared with similar countries

  • Iceland's 0.6799 constant 2015 US$ per US$ of GDP is below the median for high income countries, which is 0.7939 constant 2015 US$ per US$ of GDP, 86% of the median. (58 countries reporting)
  • Iceland's 0.6799 constant 2015 US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.7043 constant 2015 US$ per US$ of GDP, 97% of the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.06 constant 2015 US$ per US$ of GDP 0.755 constant 2015 US$ per US$ of GDP 1.52 constant 2015 US$ per US$ of GDP 10
2010s 0.9024 constant 2015 US$ per US$ of GDP 0.7643 constant 2015 US$ per US$ of GDP 0.9997 constant 2015 US$ per US$ of GDP 10
2020s 0.7615 constant 2015 US$ per US$ of GDP 0.6799 constant 2015 US$ per US$ of GDP 0.8869 constant 2015 US$ per US$ of GDP 5

Countries ranked near Iceland

  1. 130 Bolivia 0.6871 constant 2015 US$ per US$ of GDP compare
  2. 131 Bosnia and Herzegovina 0.6855 constant 2015 US$ per US$ of GDP compare
  3. 132 Hungary 0.6814 constant 2015 US$ per US$ of GDP compare
  4. 134 Croatia 0.677 constant 2015 US$ per US$ of GDP compare
  5. 135 Montenegro 0.6749 constant 2015 US$ per US$ of GDP compare
  6. 136 Honduras 0.6735 constant 2015 US$ per US$ of GDP compare

See the full ranking of 187 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is gni (constant 2015 us$), per unit of gdp in Iceland?
Gni (constant 2015 us$), per unit of gdp in Iceland was 0.6799 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gni (constant 2015 us$), per unit of gdp recorded in Iceland?
The highest recorded value was 1.52 constant 2015 US$ per US$ of GDP in 2001.
What is the lowest gni (constant 2015 us$), per unit of gdp recorded in Iceland?
The lowest recorded value was 0.6799 constant 2015 US$ per US$ of GDP in 2024.
How does Iceland rank for gni (constant 2015 us$), per unit of gdp?
Iceland ranks 133rd out of 161 countries with data for 2024.
Is gni (constant 2015 us$), per unit of gdp rising or falling in Iceland?
Over the last ten years it is down 25.4%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of GNI (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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GNI (constant 2015 US$), per unit of GDP in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gni-constant-2015-us-per-unit-of-gdp/iceland/

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How this figure is calculated

GNI (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

GNI (constant 2015 US$) ÷ GDP (current US$)

Computed from

  • GNI Country official statistics, National Statistical Organizations and/or Central Banks
  • GDP Country official statistics, National Statistical Organizations and/or Central Banks

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GNI (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
187 places, 6,858 data points, 1960–2025
Last refreshed

GNI (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.