Gross Domestic Product — Value US$, 2015 prices, per capita in Iceland
Iceland: Gross Domestic Product — Value US$, 2015 prices, per capita was 0.0605 million USD per person in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices, per capita in Iceland, 1970–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
Iceland recorded 0.0605 million USD per person for gross domestic product — value us$, 2015 prices, per capita in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 0.3% on the previous year and up 18.0% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, per capita in Iceland peaked at 0.0605 million USD per person in 2024 and was at its lowest, 0.0182 million USD per person, in 1970.
Iceland ranks 13th of 194 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices, per capita in Iceland, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1970 | 0.0182 million USD per person | — |
| 1971 | 0.0204 million USD per person | +12.2% |
| 1972 | 0.0214 million USD per person | +4.6% |
| 1973 | 0.0225 million USD per person | +5.2% |
| 1974 | 0.0235 million USD per person | +4.3% |
| 1975 | 0.0233 million USD per person | -0.6% |
| 1976 | 0.0245 million USD per person | +4.9% |
| 1977 | 0.0264 million USD per person | +8.0% |
| 1978 | 0.0278 million USD per person | +5.2% |
| 1979 | 0.0289 million USD per person | +3.8% |
| 1980 | 0.0302 million USD per person | +4.6% |
| 1981 | 0.0311 million USD per person | +3.1% |
| 1982 | 0.0314 million USD per person | +0.8% |
| 1983 | 0.0303 million USD per person | -3.4% |
| 1984 | 0.0312 million USD per person | +3.0% |
| 1985 | 0.032 million USD per person | +2.5% |
| 1986 | 0.0337 million USD per person | +5.5% |
| 1987 | 0.0362 million USD per person | +7.4% |
| 1988 | 0.0356 million USD per person | -1.6% |
| 1989 | 0.0353 million USD per person | -1.0% |
| 1990 | 0.0354 million USD per person | +0.4% |
| 1991 | 0.0349 million USD per person | -1.4% |
| 1992 | 0.0333 million USD per person | -4.6% |
| 1993 | 0.0334 million USD per person | +0.3% |
| 1994 | 0.0343 million USD per person | +2.7% |
| 1995 | 0.0342 million USD per person | -0.4% |
| 1996 | 0.0356 million USD per person | +4.0% |
| 1997 | 0.0373 million USD per person | +4.9% |
| 1998 | 0.0396 million USD per person | +6.2% |
| 1999 | 0.0407 million USD per person | +2.8% |
| 2000 | 0.0422 million USD per person | +3.6% |
| 2001 | 0.0433 million USD per person | +2.6% |
| 2002 | 0.0431 million USD per person | -0.3% |
| 2003 | 0.0438 million USD per person | +1.4% |
| 2004 | 0.0468 million USD per person | +6.9% |
| 2005 | 0.0489 million USD per person | +4.5% |
| 2006 | 0.0507 million USD per person | +3.9% |
| 2007 | 0.0536 million USD per person | +5.7% |
| 2008 | 0.0538 million USD per person | +0.3% |
| 2009 | 0.0495 million USD per person | -8.0% |
| 2010 | 0.0482 million USD per person | -2.7% |
| 2011 | 0.0489 million USD per person | +1.5% |
| 2012 | 0.0492 million USD per person | +0.5% |
| 2013 | 0.0509 million USD per person | +3.6% |
| 2014 | 0.0512 million USD per person | +0.6% |
| 2015 | 0.053 million USD per person | +3.4% |
| 2016 | 0.0555 million USD per person | +4.8% |
| 2017 | 0.0565 million USD per person | +1.8% |
| 2018 | 0.0577 million USD per person | +2.1% |
| 2019 | 0.0575 million USD per person | -0.4% |
| 2020 | 0.0526 million USD per person | -8.4% |
| 2021 | 0.0545 million USD per person | +3.5% |
| 2022 | 0.0579 million USD per person | +6.3% |
| 2023 | 0.0603 million USD per person | +4.0% |
| 2024 | 0.0605 million USD per person | +0.3% |
Iceland compared with similar countries
- Iceland's 0.0605 million USD per person is above the median for high income countries, which is 0.0304 million USD per person, 2.0× the median. (73 countries reporting)
- Iceland's 0.0605 million USD per person is above the median for Europe & Central Asia, which is 0.0198 million USD per person, 3.0× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0237 million USD per person | 0.0182 million USD per person | 0.0289 million USD per person | 10 |
| 1980s | 0.0327 million USD per person | 0.0302 million USD per person | 0.0362 million USD per person | 10 |
| 1990s | 0.0359 million USD per person | 0.0333 million USD per person | 0.0407 million USD per person | 10 |
| 2000s | 0.0476 million USD per person | 0.0422 million USD per person | 0.0538 million USD per person | 10 |
| 2010s | 0.0529 million USD per person | 0.0482 million USD per person | 0.0577 million USD per person | 10 |
| 2020s | 0.0572 million USD per person | 0.0526 million USD per person | 0.0605 million USD per person | 5 |
Countries ranked near Iceland
- 10 United States 0.0667 million USD per person compare
- 11 Denmark 0.0632 million USD per person compare
- 12 Qatar 0.0622 million USD per person compare
- 14 Australia 0.0557 million USD per person compare
- 15 Sweden 0.0548 million USD per person compare
- 16 San Marino 0.0514 million USD 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices, per capita in Iceland?
- Gross domestic product — value us$, 2015 prices, per capita in Iceland was 0.0605 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, per capita recorded in Iceland?
- The highest recorded value was 0.0605 million USD per person in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices, per capita recorded in Iceland?
- The lowest recorded value was 0.0182 million USD per person in 1970.
- How does Iceland rank for gross domestic product — value us$, 2015 prices, per capita?
- Iceland ranks 13th out of 194 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices, per capita rising or falling in Iceland?
- Over the last ten years it is up 18.0%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value US$, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value US$, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product — Value US$, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.