GNI per capita growth in Iceland
Iceland: GNI per capita growth was -0.7% in 2024. ◆ Volatile
GNI per capita growth in Iceland, 2001–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
The most recent figure for gni per capita growth in Iceland is -0.7%, measured in 2024.
That represents a change of down 136.0% on the previous year and down 177.4% over ten years.
Over the whole period, gni per capita growth in Iceland peaked at 11.0% in 2013 and was at its lowest, -17.3%, in 2008.
Iceland ranks 139th of 166 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GNI per capita growth in Iceland, year by year
| Year | annual % | Change |
|---|---|---|
| 2001 | 2.2% | — |
| 2002 | 2.9% | +28.8% |
| 2003 | -1.1% | -139.7% |
| 2004 | 3.4% | -398.1% |
| 2005 | 6.9% | +103.2% |
| 2006 | 0.6% | -91.0% |
| 2007 | 6.0% | +873.7% |
| 2008 | -17.3% | -386.1% |
| 2009 | -6.2% | -64.2% |
| 2010 | 1.6% | -126.4% |
| 2011 | 4.1% | +150.6% |
| 2012 | 2.6% | -35.6% |
| 2013 | 11.0% | +315.8% |
| 2014 | 0.9% | -91.6% |
| 2015 | 6.5% | +609.6% |
| 2016 | 6.8% | +5.3% |
| 2017 | 0.3% | -96.0% |
| 2018 | 0.9% | +219.6% |
| 2019 | 0.2% | -79.8% |
| 2020 | -7.9% | -4565.3% |
| 2021 | 1.8% | -122.4% |
| 2022 | 6.2% | +252.5% |
| 2023 | 2.0% | -68.5% |
| 2024 | -0.7% | -136.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.3% | -17.3% | 6.9% | 9 |
| 2010s | 3.5% | 0.2% | 11.0% | 10 |
| 2020s | 0.3% | -7.9% | 6.2% | 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)
- Services, value added (constant LCU), per capita 6.16 million constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 6.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 17.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8994 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 88,429 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 115.52 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 11.36 million current LCU per person (2025)
Frequently asked questions
- What is gni per capita growth in Iceland?
- Gni per capita growth in Iceland was -0.7% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni per capita growth recorded in Iceland?
- The highest recorded value was 11.0% in 2013.
- What is the lowest gni per capita growth recorded in Iceland?
- The lowest recorded value was -17.3% in 2008.
- How does Iceland rank for gni per capita growth?
- Iceland ranks 139th out of 166 countries with data for 2024.
- Is gni per capita growth rising or falling in Iceland?
- Over the last ten years it is down 177.4%. 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 Organizations and/or Central Banks, published as part of GNI per capita growth (annual %). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.