GNI per capita, PPP in Iceland
Iceland: GNI per capita, PPP was 67,400 constant 2021 international $ in 2024. ▲ Rising
GNI per capita, PPP in Iceland, 2000–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
The most recent figure for gni per capita, ppp in Iceland is 67,400 constant 2021 international $, measured in 2024.
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, ppp in Iceland peaked at 67,881 constant 2021 international $ in 2023 and was at its lowest, 47,690 constant 2021 international $, in 2009.
Iceland ranks 14th of 158 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
GNI per capita, PPP in Iceland, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2000 | 50,139 constant 2021 international $ | — |
| 2001 | 51,251 constant 2021 international $ | +2.2% |
| 2002 | 52,716 constant 2021 international $ | +2.9% |
| 2003 | 52,118 constant 2021 international $ | -1.1% |
| 2004 | 53,881 constant 2021 international $ | +3.4% |
| 2005 | 57,585 constant 2021 international $ | +6.9% |
| 2006 | 57,942 constant 2021 international $ | +0.6% |
| 2007 | 61,439 constant 2021 international $ | +6.0% |
| 2008 | 50,830 constant 2021 international $ | -17.3% |
| 2009 | 47,690 constant 2021 international $ | -6.2% |
| 2010 | 48,468 constant 2021 international $ | +1.6% |
| 2011 | 50,452 constant 2021 international $ | +4.1% |
| 2012 | 51,782 constant 2021 international $ | +2.6% |
| 2013 | 57,457 constant 2021 international $ | +11.0% |
| 2014 | 57,983 constant 2021 international $ | +0.9% |
| 2015 | 61,752 constant 2021 international $ | +6.5% |
| 2016 | 65,980 constant 2021 international $ | +6.8% |
| 2017 | 66,161 constant 2021 international $ | +0.3% |
| 2018 | 66,742 constant 2021 international $ | +0.9% |
| 2019 | 66,860 constant 2021 international $ | +0.2% |
| 2020 | 61,566 constant 2021 international $ | -7.9% |
| 2021 | 62,657 constant 2021 international $ | +1.8% |
| 2022 | 66,571 constant 2021 international $ | +6.2% |
| 2023 | 67,881 constant 2021 international $ | +2.0% |
| 2024 | 67,400 constant 2021 international $ | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 53,559 constant 2021 international $ | 47,690 constant 2021 international $ | 61,439 constant 2021 international $ | 10 |
| 2010s | 59,364 constant 2021 international $ | 48,468 constant 2021 international $ | 66,860 constant 2021 international $ | 10 |
| 2020s | 65,215 constant 2021 international $ | 61,566 constant 2021 international $ | 67,881 constant 2021 international $ | 5 |
Countries ranked near Iceland
- 11 Hong Kong 75,243 constant 2021 international $ compare
- 12 Denmark 71,534 constant 2021 international $ compare
- 13 Netherlands 70,745 constant 2021 international $ compare
- 15 Germany 65,564 constant 2021 international $ compare
- 16 Sweden 65,118 constant 2021 international $ compare
- 17 San Marino 64,746 constant 2021 international $ compare
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)
- GDP (current US$), annual growth rate 16.26 % change on previous year (2025)
- GDP (current US$), per capita 98,323 current US$ per person (2025)
- GDP (current LCU), annual growth rate 8.24 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 128.44 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 12.63 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.28 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5991 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 58,910 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gni per capita, ppp in Iceland?
- Gni per capita, ppp in Iceland was 67,400 constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni per capita, ppp recorded in Iceland?
- The highest recorded value was 67,881 constant 2021 international $ in 2023.
- What is the lowest gni per capita, ppp recorded in Iceland?
- The lowest recorded value was 47,690 constant 2021 international $ in 2009.
- How does Iceland rank for gni per capita, ppp?
- Iceland ranks 14th out of 158 countries with data for 2024.
- Is gni per capita, ppp 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 International Comparison Program (ICP), World Bank (WB), published as part of GNI per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross national income (GNI) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.