Gross value added at basic prices (GVA) (constant LCU), per capita in Iceland
Iceland: Gross value added at basic prices (GVA) (constant LCU), per capita was 8.24 million constant LCU per person in 2025. ▲ Rising
Gross value added at basic prices (GVA) (constant LCU), per capita in Iceland, 1995–2025
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
Iceland recorded 8.24 million constant LCU per person for gross value added at basic prices (gva) (constant lcu), per capita in 2025.
The figure is down 0.2% on the previous year and up 10.1% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), per capita in Iceland peaked at 8.39 million constant LCU per person in 2023 and was at its lowest, 5.04 million constant LCU per person, in 1995.
Iceland ranks 12th of 196 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
Gross value added at basic prices (GVA) (constant LCU), per capita in Iceland, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 1995 | 5.04 million constant LCU per person | — |
| 1996 | 5.24 million constant LCU per person | +3.9% |
| 1997 | 5.41 million constant LCU per person | +3.3% |
| 1998 | 5.73 million constant LCU per person | +5.9% |
| 1999 | 5.88 million constant LCU per person | +2.6% |
| 2000 | 6.08 million constant LCU per person | +3.5% |
| 2001 | 6.23 million constant LCU per person | +2.5% |
| 2002 | 6.21 million constant LCU per person | -0.4% |
| 2003 | 6.31 million constant LCU per person | +1.6% |
| 2004 | 6.73 million constant LCU per person | +6.7% |
| 2005 | 7.09 million constant LCU per person | +5.3% |
| 2006 | 7.32 million constant LCU per person | +3.2% |
| 2007 | 7.76 million constant LCU per person | +6.0% |
| 2008 | 7.75 million constant LCU per person | -0.2% |
| 2009 | 7.08 million constant LCU per person | -8.6% |
| 2010 | 6.93 million constant LCU per person | -2.1% |
| 2011 | 7.01 million constant LCU per person | +1.1% |
| 2012 | 7.05 million constant LCU per person | +0.6% |
| 2013 | 7.24 million constant LCU per person | +2.6% |
| 2014 | 7.29 million constant LCU per person | +0.8% |
| 2015 | 7.49 million constant LCU per person | +2.7% |
| 2016 | 7.84 million constant LCU per person | +4.8% |
| 2017 | 7.93 million constant LCU per person | +1.1% |
| 2018 | 8.08 million constant LCU per person | +1.9% |
| 2019 | 8.00 million constant LCU per person | -1.1% |
| 2020 | 7.34 million constant LCU per person | -8.1% |
| 2021 | 7.60 million constant LCU per person | +3.5% |
| 2022 | 8.07 million constant LCU per person | +6.2% |
| 2023 | 8.39 million constant LCU per person | +4.0% |
| 2024 | 8.26 million constant LCU per person | -1.5% |
| 2025 | 8.24 million constant LCU per person | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.46 million constant LCU per person | 5.04 million constant LCU per person | 5.88 million constant LCU per person | 5 |
| 2000s | 6.86 million constant LCU per person | 6.08 million constant LCU per person | 7.76 million constant LCU per person | 10 |
| 2010s | 7.49 million constant LCU per person | 6.93 million constant LCU per person | 8.08 million constant LCU per person | 10 |
| 2020s | 7.98 million constant LCU per person | 7.34 million constant LCU per person | 8.39 million constant LCU per person | 6 |
Countries ranked near Iceland
- 9 Costa Rica 9.40 million constant LCU per person compare
- 10 Cambodia 8.41 million constant LCU per person compare
- 11 Mongolia 8.39 million constant LCU per person compare
- 13 Guyana 7.89 million constant LCU per person compare
- 14 Lebanon 6.74 million constant LCU per person compare
- 15 Guinea 5.86 million constant LCU 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 115.52 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 11.36 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5382 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 52,920 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 83.85 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), per capita in Iceland?
- Gross value added at basic prices (gva) (constant lcu), per capita in Iceland was 8.24 million constant LCU per person in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per capita recorded in Iceland?
- The highest recorded value was 8.39 million constant LCU per person in 2023.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per capita recorded in Iceland?
- The lowest recorded value was 5.04 million constant LCU per person in 1995.
- How does Iceland rank for gross value added at basic prices (gva) (constant lcu), per capita?
- Iceland ranks 12th out of 196 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant lcu), 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 value added at basic prices (GVA) (constant LCU), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant LCU) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- 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 value added at basic prices (GVA) (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.