Mean income or consumption per day 2011 vs 2017 prices in Iceland

Iceland: Mean income or consumption per day 2011 vs 2017 prices was 59.36 in 2017. ▲ Rising

Latest (2017)
59.36
Change on year
up 3.6%
World rank
7th
of 119 countries
All-time high
60.42
in 2008
All-time low
44.9
in 2003
Years of data
15
2003–2017

Mean income or consumption per day 2011 vs 2017 prices in Iceland, 2003–2017

02040602003201020172003: 44.92004: 45.92005: 47.92006: 54.92007: 582008: 60.42009: 50.72010: 452011: 452012: 45.92013: 46.92014: 49.52015: 52.92016: 57.32017: 59.4

Source: Our World in Data.

Analysis

The most recent figure for mean income or consumption per day 2011 vs 2017 prices in Iceland is 59.36, measured in 2017.

The figure is up 3.6% on the previous year and up 2.4% over ten years.

Over the whole period, mean income or consumption per day 2011 vs 2017 prices in Iceland peaked at 60.42 in 2008 and was at its lowest, 44.9, in 2003.

Iceland ranks 7th of 119 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 15 years of available data.

Mean income or consumption per day 2011 vs 2017 prices in Iceland, year by year

Annual values for Mean income or consumption per day 2011 vs 2017 prices in Iceland, 2003 to 2017.
Year Value Change
2003 44.9
2004 45.92 +2.3%
2005 47.9 +4.3%
2006 54.9 +14.6%
2007 57.98 +5.6%
2008 60.42 +4.2%
2009 50.72 -16.1%
2010 45.02 -11.2%
2011 45 -0.1%
2012 45.94 +2.1%
2013 46.94 +2.2%
2014 49.52 +5.5%
2015 52.88 +6.8%
2016 57.29 +8.3%
2017 59.36 +3.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 51.82 44.9 60.42 7
2010s 50.24 45 59.36 8

Countries ranked near Iceland

  1. 4 Norway 71.67 compare
  2. 5 Germany 62.48 compare
  3. 6 Canada 60.61 compare
  4. 8 Denmark 59.22 compare
  5. 9 South Korea 58.95 compare
  6. 10 Austria 58.55 compare

See the full ranking of 119 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is mean income or consumption per day 2011 vs 2017 prices in Iceland?
Mean income or consumption per day 2011 vs 2017 prices in Iceland was 59.36 in 2017, according to Our World in Data.
What is the highest mean income or consumption per day 2011 vs 2017 prices recorded in Iceland?
The highest recorded value was 60.42 in 2008.
What is the lowest mean income or consumption per day 2011 vs 2017 prices recorded in Iceland?
The lowest recorded value was 44.9 in 2003.
How does Iceland rank for mean income or consumption per day 2011 vs 2017 prices?
Iceland ranks 7th out of 119 countries with data for 2017.
Is mean income or consumption per day 2011 vs 2017 prices rising or falling in Iceland?
Over the last ten years it is up 2.4%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Our World in Data, published as part of Mean income or consumption per day 2011 vs 2017 prices. Statizoid updates them automatically from the source API.

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Mean income or consumption per day 2011 vs 2017 prices in Iceland. Statizoid, drawing on Our World in Data. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/mean-income-or-consumption-per-day-2011-vs-2017-prices/iceland/

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About this data

Indicator
Mean income or consumption per day 2011 vs 2017 prices
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
119 places, 2,016 data points, 1963–2023
Last refreshed