GNI per capita in Iceland
Iceland: GNI per capita was 57,507 US$ in 2020. ▲ Rising
GNI per capita in Iceland, 1990–2020
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in US$.
Analysis
The most recent figure for gni per capita in Iceland is 57,507 US$, measured in 2020.
Compared with earlier readings it is down 15.8% on the previous year and up 64.5% over ten years.
Over the whole period, gni per capita in Iceland peaked at 70,667 US$ in 2018 and was at its lowest, 23,291 US$, in 1993.
That places Iceland 12th out of 203 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26,816 US$ | 23,291 US$ | 31,747 US$ | 10 |
| 2000s | 42,520 US$ | 27,925 US$ | 65,015 US$ | 10 |
| 2010s | 53,214 US$ | 34,966 US$ | 70,667 US$ | 10 |
| 2020s | 57,507 US$ | 57,507 US$ | 57,507 US$ | 1 |
Countries ranked near Iceland
- 9 United States 64,213 US$ compare
- 10 Cayman Islands 63,316 US$ compare
- 11 Denmark 63,125 US$ compare
- 13 Sweden 54,143 US$ compare
- 14 Singapore 52,599 US$ compare
- 15 Netherlands 51,485 US$ compare
More economy & growth data for Iceland
- External balance on goods and services as a percent of gdp -2.26 (2025)
- Inflation of consumer prices 4.09 (2025)
- Gdp per capita worldbank constant usd 58,910 (2025)
- Manufacturing value added to gdp 8.53 (2025)
- Gdp worldbank constant usd 23.12 billion (2025)
- Gdp per capita in international and market dollars 58,910 (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 57,507 US$ in 2020, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gni per capita recorded in Iceland?
- The highest recorded value was 70,667 US$ in 2018.
- What is the lowest gni per capita recorded in Iceland?
- The lowest recorded value was 23,291 US$ in 1993.
- How does Iceland rank for gni per capita?
- Iceland ranks 12th out of 203 countries with data for 2020.
- Is gni per capita rising or falling in Iceland?
- Over the last ten years it is up 64.5%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of GNI per capita (US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.