Gross national expenditure (current US$), per capita in Iceland
Iceland: Gross national expenditure (current US$), per capita was 100,546 current US$ per person in 2025. ◆ Volatile
Gross national expenditure (current US$), per capita in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
In 2025, gross national expenditure (current us$), per capita in Iceland stood at 100,546 current US$ per person. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 15.6% on the previous year and up 103.8% over ten years.
Over the whole period, gross national expenditure (current us$), per capita in Iceland peaked at 100,546 current US$ per person in 2025 and was at its lowest, 2,636 current US$ per person, in 1970.
Iceland ranks 3rd of 186 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$), per capita in Iceland, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1970 | 2,636 current US$ per person | — |
| 1971 | 3,636 current US$ per person | +37.9% |
| 1972 | 4,280 current US$ per person | +17.7% |
| 1973 | 5,832 current US$ per person | +36.3% |
| 1974 | 8,149 current US$ per person | +39.7% |
| 1975 | 7,374 current US$ per person | -9.5% |
| 1976 | 7,922 current US$ per person | +7.4% |
| 1977 | 10,537 current US$ per person | +33.0% |
| 1978 | 11,392 current US$ per person | +8.1% |
| 1979 | 13,055 current US$ per person | +14.6% |
| 1980 | 15,517 current US$ per person | +18.9% |
| 1981 | 16,072 current US$ per person | +3.6% |
| 1982 | 15,030 current US$ per person | -6.5% |
| 1983 | 11,898 current US$ per person | -20.8% |
| 1984 | 12,484 current US$ per person | +4.9% |
| 1985 | 12,850 current US$ per person | +2.9% |
| 1986 | 16,402 current US$ per person | +27.6% |
| 1987 | 23,618 current US$ per person | +44.0% |
| 1988 | 25,687 current US$ per person | +8.8% |
| 1989 | 22,805 current US$ per person | -11.2% |
| 1990 | 26,054 current US$ per person | +14.2% |
| 1991 | 28,232 current US$ per person | +8.4% |
| 1992 | 28,203 current US$ per person | -0.1% |
| 1993 | 23,711 current US$ per person | -15.9% |
| 1994 | 23,644 current US$ per person | -0.3% |
| 1995 | 26,646 current US$ per person | +12.7% |
| 1996 | 28,448 current US$ per person | +6.8% |
| 1997 | 28,333 current US$ per person | -0.4% |
| 1998 | 32,868 current US$ per person | +16.0% |
| 1999 | 34,297 current US$ per person | +4.3% |
| 2000 | 34,712 current US$ per person | +1.2% |
| 2001 | 29,455 current US$ per person | -15.1% |
| 2002 | 32,231 current US$ per person | +9.4% |
| 2003 | 41,111 current US$ per person | +27.5% |
| 2004 | 50,466 current US$ per person | +22.8% |
| 2005 | 64,448 current US$ per person | +27.7% |
| 2006 | 67,788 current US$ per person | +5.2% |
| 2007 | 76,731 current US$ per person | +13.2% |
| 2008 | 58,678 current US$ per person | -23.5% |
| 2009 | 38,161 current US$ per person | -35.0% |
| 2010 | 39,483 current US$ per person | +3.5% |
| 2011 | 44,500 current US$ per person | +12.7% |
| 2012 | 43,829 current US$ per person | -1.5% |
| 2013 | 46,185 current US$ per person | +5.4% |
| 2014 | 51,535 current US$ per person | +11.6% |
| 2015 | 49,343 current US$ per person | -4.3% |
| 2016 | 58,317 current US$ per person | +18.2% |
| 2017 | 69,340 current US$ per person | +18.9% |
| 2018 | 72,602 current US$ per person | +4.7% |
| 2019 | 65,391 current US$ per person | -9.9% |
| 2020 | 60,355 current US$ per person | -7.7% |
| 2021 | 71,483 current US$ per person | +18.4% |
| 2022 | 76,045 current US$ per person | +6.4% |
| 2023 | 81,617 current US$ per person | +7.3% |
| 2024 | 86,951 current US$ per person | +6.5% |
| 2025 | 100,546 current US$ per person | +15.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7,481 current US$ per person | 2,636 current US$ per person | 13,055 current US$ per person | 10 |
| 1980s | 17,236 current US$ per person | 11,898 current US$ per person | 25,687 current US$ per person | 10 |
| 1990s | 28,044 current US$ per person | 23,644 current US$ per person | 34,297 current US$ per person | 10 |
| 2000s | 49,378 current US$ per person | 29,455 current US$ per person | 76,731 current US$ per person | 10 |
| 2010s | 54,052 current US$ per person | 39,483 current US$ per person | 72,602 current US$ per person | 10 |
| 2020s | 79,500 current US$ per person | 60,355 current US$ per person | 100,546 current US$ per person | 6 |
Countries ranked near Iceland
- 1 Switzerland 104,505 current US$ per person compare
- 2 Luxembourg 101,372 current US$ per person compare
- 4 Bermuda 93,967 current US$ per person compare
- 5 United States of America 88,812 current US$ per person compare
- 6 Norway 83,533 current US$ 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)
- Final consumption expenditure (constant 2015 US$), per capita 45,300 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 17.4 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- Gross national expenditure (current LCU), annual growth rate 9.3 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 131.34 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 12.91 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.92 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.6192 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure (current us$), per capita in Iceland?
- Gross national expenditure (current us$), per capita in Iceland was 100,546 current US$ per person in 2025, according to Statizoid (derived).
- What is the highest gross national expenditure (current us$), per capita recorded in Iceland?
- The highest recorded value was 100,546 current US$ per person in 2025.
- What is the lowest gross national expenditure (current us$), per capita recorded in Iceland?
- The lowest recorded value was 2,636 current US$ per person in 1970.
- How does Iceland rank for gross national expenditure (current us$), per capita?
- Iceland ranks 3rd out of 186 countries with data for 2025.
- Is gross national expenditure (current us$), per capita rising or falling in Iceland?
- Over the last ten years it is up 103.8%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross national expenditure (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (current US$) ÷ Population, total
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.