Gross domestic product (GDP), per capita in Iceland
Iceland: Gross domestic product (GDP), per capita was 68,065 international-$ in 2021 prices per person in 2025. ▲ Rising
Latest (2025)
68,065 international-$ in 2021 prices per person
Change on year
down 0.2%
World rank
20th
of 198 countries
All-time high
69,268 international-$ in 2021 prices per person
in 2023
All-time low
40,560 international-$ in 2021 prices per person
in 1992
Years of data
36
1990–2025
Gross domestic product (GDP), per capita in Iceland, 1990–2025
Source: Statizoid (derived). Measured in international-$ in 2021 prices per person.
Analysis
The most recent figure for gross domestic product (gdp), per capita in Iceland is 68,065 international-$ in 2021 prices per person, measured in 2025.
That represents a change of down 0.2% on the previous year and up 10.1% over ten years.
Over the whole period, gross domestic product (gdp), per capita in Iceland peaked at 69,268 international-$ in 2021 prices per person in 2023 and was at its lowest, 40,560 international-$ in 2021 prices per person, in 1992.
Iceland ranks 20th of 198 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 36 years of available data.
Gross domestic product (GDP), per capita in Iceland, year by year
| Year | international-$ in 2021 prices per person | Change |
|---|---|---|
| 1990 | 43,100 international-$ in 2021 prices per person | — |
| 1991 | 42,508 international-$ in 2021 prices per person | -1.4% |
| 1992 | 40,560 international-$ in 2021 prices per person | -4.6% |
| 1993 | 40,678 international-$ in 2021 prices per person | +0.3% |
| 1994 | 41,782 international-$ in 2021 prices per person | +2.7% |
| 1995 | 41,604 international-$ in 2021 prices per person | -0.4% |
| 1996 | 43,241 international-$ in 2021 prices per person | +3.9% |
| 1997 | 44,664 international-$ in 2021 prices per person | +3.3% |
| 1998 | 47,287 international-$ in 2021 prices per person | +5.9% |
| 1999 | 48,539 international-$ in 2021 prices per person | +2.6% |
| 2000 | 50,228 international-$ in 2021 prices per person | +3.5% |
| 2001 | 51,468 international-$ in 2021 prices per person | +2.5% |
| 2002 | 51,288 international-$ in 2021 prices per person | -0.4% |
| 2003 | 52,096 international-$ in 2021 prices per person | +1.6% |
| 2004 | 55,577 international-$ in 2021 prices per person | +6.7% |
| 2005 | 58,549 international-$ in 2021 prices per person | +5.3% |
| 2006 | 60,434 international-$ in 2021 prices per person | +3.2% |
| 2007 | 64,075 international-$ in 2021 prices per person | +6.0% |
| 2008 | 63,964 international-$ in 2021 prices per person | -0.2% |
| 2009 | 58,441 international-$ in 2021 prices per person | -8.6% |
| 2010 | 57,225 international-$ in 2021 prices per person | -2.1% |
| 2011 | 57,838 international-$ in 2021 prices per person | +1.1% |
| 2012 | 58,204 international-$ in 2021 prices per person | +0.6% |
| 2013 | 59,730 international-$ in 2021 prices per person | +2.6% |
| 2014 | 60,199 international-$ in 2021 prices per person | +0.8% |
| 2015 | 61,820 international-$ in 2021 prices per person | +2.7% |
| 2016 | 64,759 international-$ in 2021 prices per person | +4.8% |
| 2017 | 65,462 international-$ in 2021 prices per person | +1.1% |
| 2018 | 66,703 international-$ in 2021 prices per person | +1.9% |
| 2019 | 65,995 international-$ in 2021 prices per person | -1.1% |
| 2020 | 60,617 international-$ in 2021 prices per person | -8.1% |
| 2021 | 62,721 international-$ in 2021 prices per person | +3.5% |
| 2022 | 66,581 international-$ in 2021 prices per person | +6.2% |
| 2023 | 69,268 international-$ in 2021 prices per person | +4.0% |
| 2024 | 68,230 international-$ in 2021 prices per person | -1.5% |
| 2025 | 68,065 international-$ in 2021 prices per person | -0.2% |
Iceland compared with similar countries
- Iceland's 68,065 international-$ in 2021 prices per person is above the median for high income countries, which is 49,192 international-$ in 2021 prices per person, 1.4× the median. (74 countries reporting)
- Iceland's 68,065 international-$ in 2021 prices per person is above the median for Europe & Central Asia, which is 42,830 international-$ in 2021 prices per person, 1.6× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43,396 international-$ in 2021 prices per person | 40,560 international-$ in 2021 prices per person | 48,539 international-$ in 2021 prices per person | 10 |
| 2000s | 56,612 international-$ in 2021 prices per person | 50,228 international-$ in 2021 prices per person | 64,075 international-$ in 2021 prices per person | 10 |
| 2010s | 61,794 international-$ in 2021 prices per person | 57,225 international-$ in 2021 prices per person | 66,703 international-$ in 2021 prices per person | 10 |
| 2020s | 65,914 international-$ in 2021 prices per person | 60,617 international-$ in 2021 prices per person | 69,268 international-$ in 2021 prices per person | 6 |
Countries ranked near Iceland
- 17 San Marino 70,952 international-$ in 2021 prices per person compare
- 18 United Arab Emirates 69,702 international-$ in 2021 prices per person compare
- 19 Hong Kong 68,725 international-$ in 2021 prices per person compare
- 21 Andorra 67,993 international-$ in 2021 prices per person compare
- 22 Austria 63,970 international-$ in 2021 prices per person compare
- 23 Malta 63,656 international-$ in 2021 prices per person 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per capita in Iceland?
- Gross domestic product (gdp), per capita in Iceland was 68,065 international-$ in 2021 prices per person in 2025, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per capita recorded in Iceland?
- The highest recorded value was 69,268 international-$ in 2021 prices per person in 2023.
- What is the lowest gross domestic product (gdp), per capita recorded in Iceland?
- The lowest recorded value was 40,560 international-$ in 2021 prices per person in 1992.
- How does Iceland rank for gross domestic product (gdp), per capita?
- Iceland ranks 20th out of 198 countries with data for 2025.
- Is gross domestic product (gdp), per capita rising or falling in Iceland?
- Over the last ten years it is up 10.1%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ Population, total
Computed from
- Gross domestic product (GDP) Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.