GNI per capita in Iceland
Iceland: GNI per capita was 58,381 constant 2015 US$ in 2024. ▲ Rising
GNI per capita in Iceland, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gni per capita in Iceland stood at 58,381 constant 2015 US$.
That represents a change of down 0.7% on the previous year and up 16.2% over ten years.
Over the whole period, gni per capita in Iceland peaked at 58,798 constant 2015 US$ in 2023 and was at its lowest, 41,308 constant 2015 US$, in 2009.
That places Iceland 12th out of 161 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
GNI per capita in Iceland, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 43,430 constant 2015 US$ | — |
| 2001 | 44,393 constant 2015 US$ | +2.2% |
| 2002 | 45,662 constant 2015 US$ | +2.9% |
| 2003 | 45,144 constant 2015 US$ | -1.1% |
| 2004 | 46,671 constant 2015 US$ | +3.4% |
| 2005 | 49,880 constant 2015 US$ | +6.9% |
| 2006 | 50,189 constant 2015 US$ | +0.6% |
| 2007 | 53,218 constant 2015 US$ | +6.0% |
| 2008 | 44,028 constant 2015 US$ | -17.3% |
| 2009 | 41,308 constant 2015 US$ | -6.2% |
| 2010 | 41,983 constant 2015 US$ | +1.6% |
| 2011 | 43,701 constant 2015 US$ | +4.1% |
| 2012 | 44,853 constant 2015 US$ | +2.6% |
| 2013 | 49,768 constant 2015 US$ | +11.0% |
| 2014 | 50,224 constant 2015 US$ | +0.9% |
| 2015 | 53,489 constant 2015 US$ | +6.5% |
| 2016 | 57,151 constant 2015 US$ | +6.8% |
| 2017 | 57,308 constant 2015 US$ | +0.3% |
| 2018 | 57,811 constant 2015 US$ | +0.9% |
| 2019 | 57,913 constant 2015 US$ | +0.2% |
| 2020 | 53,328 constant 2015 US$ | -7.9% |
| 2021 | 54,272 constant 2015 US$ | +1.8% |
| 2022 | 57,663 constant 2015 US$ | +6.2% |
| 2023 | 58,798 constant 2015 US$ | +2.0% |
| 2024 | 58,381 constant 2015 US$ | -0.7% |
Iceland compared with similar countries
- Iceland's 58,381 constant 2015 US$ is above the median for high income countries, which is 34,543 constant 2015 US$, 1.7× the median. (58 countries reporting)
- Iceland's 58,381 constant 2015 US$ is above the median for Europe & Central Asia, which is 19,085 constant 2015 US$, 3.1× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46,392 constant 2015 US$ | 41,308 constant 2015 US$ | 53,218 constant 2015 US$ | 10 |
| 2010s | 51,420 constant 2015 US$ | 41,983 constant 2015 US$ | 57,913 constant 2015 US$ | 10 |
| 2020s | 56,488 constant 2015 US$ | 53,328 constant 2015 US$ | 58,798 constant 2015 US$ | 5 |
Countries ranked near Iceland
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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is gni per capita in Iceland?
- Gni per capita in Iceland was 58,381 constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni per capita recorded in Iceland?
- The highest recorded value was 58,798 constant 2015 US$ in 2023.
- What is the lowest gni per capita recorded in Iceland?
- The lowest recorded value was 41,308 constant 2015 US$ in 2009.
- How does Iceland rank for gni per capita?
- Iceland ranks 12th out of 161 countries with data for 2024.
- Is gni per capita rising or falling in Iceland?
- Over the last ten years it is up 16.2%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GNI per capita (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. 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 2015. This indicator is expressed in United States dollars.