Gross National Income — Value Standard Local Currency, per capita in Iceland

Iceland: Gross National Income — Value Standard Local Currency, per capita was 11.34 million SLC per person in 2023. ◆ Volatile

Latest (2023)
11.34 million SLC per person
Change on year
up 12.0%
World rank
12th
of 194 countries
All-time high
11.34 million SLC per person
in 2023
All-time low
0.0023 million SLC per person
in 1970
Years of data
54
1970–2023

Gross National Income — Value Standard Local Currency, per capita in Iceland, 1970–2023

02.557.51012.5197019962023

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

The most recent figure for gross national income — value standard local currency, per capita in Iceland is 11.34 million SLC per person, measured in 2023. That is the highest value across all 54 years on record.

Compared with earlier readings it is up 12.0% on the previous year and up 87.7% over ten years.

Over the whole period, gross national income — value standard local currency, per capita in Iceland peaked at 11.34 million SLC per person in 2023 and was at its lowest, 0.0023 million SLC per person, in 1970.

That places Iceland 12th out of 194 countries with data for 2023, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross National Income — Value Standard Local Currency, per capita in Iceland, year by year

Annual values for Gross National Income — Value Standard Local Currency, per capita in Iceland, 1970 to 2023.
Year million SLC per person Change
1970 0.0023 million SLC per person
1971 0.0029 million SLC per person +26.5%
1972 0.0035 million SLC per person +23.4%
1973 0.0049 million SLC per person +38.4%
1974 0.007 million SLC per person +43.4%
1975 0.0098 million SLC per person +39.5%
1976 0.0136 million SLC per person +39.0%
1977 0.0195 million SLC per person +43.9%
1978 0.0299 million SLC per person +53.3%
1979 0.0438 million SLC per person +46.2%
1980 0.0697 million SLC per person +59.4%
1981 0.1065 million SLC per person +52.7%
1982 0.164 million SLC per person +53.9%
1983 0.2786 million SLC per person +69.9%
1984 0.362 million SLC per person +29.9%
1985 0.4928 million SLC per person +36.1%
1986 0.6522 million SLC per person +32.3%
1987 0.8488 million SLC per person +30.1%
1988 1.03 million SLC per person +20.8%
1989 1.23 million SLC per person +20.4%
1990 1.43 million SLC per person +15.8%
1991 1.54 million SLC per person +7.7%
1992 1.53 million SLC per person -0.9%
1993 1.56 million SLC per person +1.9%
1994 1.63 million SLC per person +4.7%
1995 1.67 million SLC per person +2.4%
1996 1.78 million SLC per person +7.0%
1997 1.93 million SLC per person +7.9%
1998 2.14 million SLC per person +11.3%
1999 2.29 million SLC per person +6.7%
2000 2.44 million SLC per person +6.9%
2001 2.73 million SLC per person +11.6%
2002 2.96 million SLC per person +8.5%
2003 2.98 million SLC per person +0.6%
2004 3.18 million SLC per person +6.7%
2005 3.44 million SLC per person +8.1%
2006 3.79 million SLC per person +10.4%
2007 4.25 million SLC per person +12.0%
2008 4.08 million SLC per person -3.8%
2009 4.27 million SLC per person +4.5%
2010 4.48 million SLC per person +4.9%
2011 4.89 million SLC per person +9.1%
2012 5.25 million SLC per person +7.4%
2013 6.04 million SLC per person +15.1%
2014 6.29 million SLC per person +4.1%
2015 6.97 million SLC per person +10.8%
2016 7.64 million SLC per person +9.5%
2017 7.73 million SLC per person +1.3%
2018 8.2 million SLC per person +6.0%
2019 8.63 million SLC per person +5.2%
2020 8.26 million SLC per person -4.3%
2021 8.81 million SLC per person +6.6%
2022 10.12 million SLC per person +15.0%
2023 11.34 million SLC per person +12.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0137 million SLC per person 0.0023 million SLC per person 0.0438 million SLC per person 10
1980s 0.5235 million SLC per person 0.0697 million SLC per person 1.23 million SLC per person 10
1990s 1.75 million SLC per person 1.43 million SLC per person 2.29 million SLC per person 10
2000s 3.41 million SLC per person 2.44 million SLC per person 4.27 million SLC per person 10
2010s 6.61 million SLC per person 4.48 million SLC per person 8.63 million SLC per person 10
2020s 9.63 million SLC per person 8.26 million SLC per person 11.34 million SLC per person 4

Countries ranked near Iceland

  1. 9 Somalia 14.46 million SLC per person compare
  2. 10 Chile 13.61 million SLC per person compare
  3. 11 Guinea 12.1 million SLC per person compare
  4. 13 Syria 8.77 million SLC per person compare
  5. 14 Cambodia 8.59 million SLC per person compare
  6. 15 Costa Rica 8.58 million SLC per person compare

See the full ranking of 194 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is gross national income — value standard local currency, per capita in Iceland?
Gross national income — value standard local currency, per capita in Iceland was 11.34 million SLC per person in 2023, according to Statizoid (derived).
What is the highest gross national income — value standard local currency, per capita recorded in Iceland?
The highest recorded value was 11.34 million SLC per person in 2023.
What is the lowest gross national income — value standard local currency, per capita recorded in Iceland?
The lowest recorded value was 0.0023 million SLC per person in 1970.
How does Iceland rank for gross national income — value standard local currency, per capita?
Iceland ranks 12th out of 194 countries with data for 2023.
Is gross national income — value standard local currency, per capita rising or falling in Iceland?
Over the last ten years it is up 87.7%. 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 Income — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.

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Gross National Income — Value Standard Local Currency, per capita in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-per-capita/iceland/

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How this figure is calculated

Gross National Income — Value Standard Local Currency 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 Income — Value Standard Local Currency ÷ Population, total

Computed from

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

Indicator
Gross National Income — Value Standard Local Currency, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,756 data points, 1970–2023
Last refreshed

Gross National Income — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.