GNI per capita in Iceland
Iceland: GNI per capita was 9.19 million constant LCU in 2024. ▲ Rising
GNI per capita in Iceland, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gni per capita in Iceland stood at 9.19 million constant LCU.
The figure is 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 9.25 million constant LCU in 2023 and was at its lowest, 6.50 million constant LCU, in 2009.
That places Iceland 12th out of 169 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.30 million constant LCU | 6.50 million constant LCU | 8.37 million constant LCU | 10 |
| 2010s | 8.09 million constant LCU | 6.61 million constant LCU | 9.11 million constant LCU | 10 |
| 2020s | 8.89 million constant LCU | 8.39 million constant LCU | 9.25 million constant LCU | 5 |
Countries ranked near Iceland
More economy & growth data for Iceland
- External balance on goods and services as a percent of GDP -2.3% (2025)
- Inflation of consumer prices 4.1% (2025)
- GDP per capita 58,910 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.5% (2025)
- Gross domestic product (GDP) 23.12 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 58,910 constant 2015 US$ (2025)
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
Frequently asked questions
- What is gni per capita in Iceland?
- Gni per capita in Iceland was 9.19 million constant LCU 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 9.25 million constant LCU in 2023.
- What is the lowest gni per capita recorded in Iceland?
- The lowest recorded value was 6.50 million constant LCU in 2009.
- How does Iceland rank for gni per capita?
- Iceland ranks 12th out of 169 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 LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 varies by country. This series is expressed in local currency units.