GNI per capita in Iceland

Iceland: GNI per capita was 12.60 million current LCU in 2025. ◆ Volatile

Latest (2025)
12.60 million current LCU
Change on year
up 7.3%
World rank
15th
of 210 countries
All-time high
12.60 million current LCU
in 2025
All-time low
534.18 current LCU
in 1960
Years of data
66
1960–2025

GNI per capita in Iceland, 1960–2025

05.0M10.0M15.0M196019922025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.

Analysis

In 2025, gni per capita in Iceland stood at 12.60 million current LCU. That is the highest value across all 66 years on record.

Compared with earlier readings it is up 7.3% on the previous year and up 78.6% over ten years.

Over the whole period, gni per capita in Iceland peaked at 12.60 million current LCU in 2025 and was at its lowest, 534.18 current LCU, in 1960.

Iceland ranks 15th of 210 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

GNI per capita in Iceland, year by year

Annual values for GNI per capita (current LCU) in Iceland, 1960 to 2025.
Year current LCU Change
1960 534.18 current LCU —
1961 593.53 current LCU +11.1%
1962 702.29 current LCU +18.3%
1963 824.25 current LCU +17.4%
1964 1,035 current LCU +25.6%
1965 1,225 current LCU +18.3%
1966 1,447 current LCU +18.1%
1967 1,443 current LCU -0.3%
1968 1,524 current LCU +5.6%
1969 1,865 current LCU +22.3%
1970 2,331 current LCU +25.0%
1971 2,948 current LCU +26.5%
1972 3,638 current LCU +23.4%
1973 5,034 current LCU +38.4%
1974 7,219 current LCU +43.4%
1975 10,072 current LCU +39.5%
1976 14,004 current LCU +39.0%
1977 20,156 current LCU +43.9%
1978 30,892 current LCU +53.3%
1979 45,167 current LCU +46.2%
1980 71,981 current LCU +59.4%
1981 109,933 current LCU +52.7%
1982 169,239 current LCU +53.9%
1983 287,514 current LCU +69.9%
1984 373,617 current LCU +29.9%
1985 508,666 current LCU +36.1%
1986 673,174 current LCU +32.3%
1987 876,022 current LCU +30.1%
1988 1.06 million current LCU +20.8%
1989 1.27 million current LCU +20.4%
1990 1.48 million current LCU +15.8%
1991 1.59 million current LCU +7.7%
1992 1.58 million current LCU -0.9%
1993 1.61 million current LCU +1.9%
1994 1.68 million current LCU +4.7%
1995 1.73 million current LCU +2.9%
1996 1.85 million current LCU +7.0%
1997 1.96 million current LCU +6.2%
1998 2.18 million current LCU +10.9%
1999 2.32 million current LCU +6.5%
2000 2.48 million current LCU +6.7%
2001 2.76 million current LCU +11.3%
2002 2.99 million current LCU +8.4%
2003 3.01 million current LCU +0.8%
2004 3.21 million current LCU +6.6%
2005 3.48 million current LCU +8.4%
2006 3.81 million current LCU +9.5%
2007 4.26 million current LCU +11.7%
2008 4.09 million current LCU -3.9%
2009 4.29 million current LCU +4.8%
2010 4.54 million current LCU +6.0%
2011 4.94 million current LCU +8.8%
2012 5.34 million current LCU +8.1%
2013 6.10 million current LCU +14.2%
2014 6.38 million current LCU +4.5%
2015 7.06 million current LCU +10.6%
2016 7.74 million current LCU +9.7%
2017 7.82 million current LCU +1.0%
2018 8.27 million current LCU +5.8%
2019 8.71 million current LCU +5.3%
2020 8.39 million current LCU -3.6%
2021 8.93 million current LCU +6.5%
2022 10.21 million current LCU +14.3%
2023 11.23 million current LCU +9.9%
2024 11.74 million current LCU +4.6%
2025 12.60 million current LCU +7.3%

Iceland compared with similar countries

  • Iceland's 12.60 million current LCU is above the median for high income countries, which is 69,968 current LCU, 180.1× the median. (78 countries reporting)
  • Iceland's 12.60 million current LCU is above the median for Europe & Central Asia, which is 55,857 current LCU, 225.6× the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 1,119 current LCU 534.18 current LCU 1,865 current LCU 10
1970s 14,146 current LCU 2,331 current LCU 45,167 current LCU 10
1980s 540,327 current LCU 71,981 current LCU 1.27 million current LCU 10
1990s 1.80 million current LCU 1.48 million current LCU 2.32 million current LCU 10
2000s 3.44 million current LCU 2.48 million current LCU 4.29 million current LCU 10
2010s 6.69 million current LCU 4.54 million current LCU 8.71 million current LCU 10
2020s 10.52 million current LCU 8.39 million current LCU 12.60 million current LCU 6

Countries ranked near Iceland

  1. 12 Argentina 18.11 million current LCU compare
  2. 13 Chile 16.19 million current LCU compare
  3. 14 Guinea 15.53 million current LCU compare
  4. 16 Cambodia 11.33 million current LCU compare
  5. 17 Costa Rica 9.15 million current LCU compare
  6. 18 Hungary 8.93 million current LCU compare

See the full ranking of 211 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is gni per capita in Iceland?
Gni per capita in Iceland was 12.60 million current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gni per capita recorded in Iceland?
The highest recorded value was 12.60 million current LCU in 2025.
What is the lowest gni per capita recorded in Iceland?
The lowest recorded value was 534.18 current LCU in 1960.
How does Iceland rank for gni per capita?
Iceland ranks 15th out of 210 countries with data for 2025.
Is gni per capita rising or falling in Iceland?
Over the last ten years it is up 78.6%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of GNI per capita (current LCU). Statizoid updates them automatically from the source API.

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GNI per capita in Iceland. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 27 September 2026, from https://economy.statizoid.com/stat/gni-per-capita-current-lcu/iceland/

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About this data

Indicator
GNI per capita (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
211 places, 11,320 data points, 1960–2025
Last refreshed

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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.