Median income or consumption per day vs. GDP per capita in Iceland
Iceland: Median income or consumption per day vs. GDP per capita was 60.63 international-$ in 2021 prices in 2019. ▲ Rising
Median income or consumption per day vs. GDP per capita in Iceland, 2003–2019
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2019, median income or consumption per day vs. gdp per capita in Iceland stood at 60.63 international-$ in 2021 prices.
That represents a change of down 0.2% on the previous year and up 15.3% over ten years.
Over the whole period, median income or consumption per day vs. gdp per capita in Iceland peaked at 63.93 international-$ in 2021 prices in 2017 and was at its lowest, 47.01 international-$ in 2021 prices, in 2004.
That places Iceland 10th out of 118 countries with data for 2019, putting it in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Median income or consumption per day vs. GDP per capita in Iceland, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 2003 | 47.21 international-$ in 2021 prices | — |
| 2004 | 47.01 international-$ in 2021 prices | -0.4% |
| 2005 | 48.97 international-$ in 2021 prices | +4.2% |
| 2006 | 54.69 international-$ in 2021 prices | +11.7% |
| 2007 | 58.43 international-$ in 2021 prices | +6.9% |
| 2008 | 59.44 international-$ in 2021 prices | +1.7% |
| 2009 | 52.57 international-$ in 2021 prices | -11.6% |
| 2010 | 48.42 international-$ in 2021 prices | -7.9% |
| 2011 | 48.5 international-$ in 2021 prices | +0.2% |
| 2012 | 48.92 international-$ in 2021 prices | +0.9% |
| 2013 | 50.4 international-$ in 2021 prices | +3.0% |
| 2014 | 52.13 international-$ in 2021 prices | +3.4% |
| 2015 | 55.94 international-$ in 2021 prices | +7.3% |
| 2016 | 59.95 international-$ in 2021 prices | +7.2% |
| 2017 | 63.93 international-$ in 2021 prices | +6.6% |
| 2018 | 60.77 international-$ in 2021 prices | -4.9% |
| 2019 | 60.63 international-$ in 2021 prices | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 52.62 international-$ in 2021 prices | 47.01 international-$ in 2021 prices | 59.44 international-$ in 2021 prices | 7 |
| 2010s | 54.96 international-$ in 2021 prices | 48.42 international-$ in 2021 prices | 63.93 international-$ in 2021 prices | 10 |
Countries ranked near Iceland
- 7 Germany 64.18 international-$ in 2021 prices compare
- 8 Belgium 62.89 international-$ in 2021 prices compare
- 9 Denmark 60.72 international-$ in 2021 prices compare
- 11 Australia 59.71 international-$ in 2021 prices compare
- 12 France 57.21 international-$ in 2021 prices compare
- 13 Finland 56.48 international-$ in 2021 prices 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 capital formation (current US$), annual growth rate 17.72 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2657 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 26,128 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 9.6 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 34.13 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 3.36 million current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 5.88 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1585 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is median income or consumption per day vs. gdp per capita in Iceland?
- Median income or consumption per day vs. gdp per capita in Iceland was 60.63 international-$ in 2021 prices in 2019, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest median income or consumption per day vs. gdp per capita recorded in Iceland?
- The highest recorded value was 63.93 international-$ in 2021 prices in 2017.
- What is the lowest median income or consumption per day vs. gdp per capita recorded in Iceland?
- The lowest recorded value was 47.01 international-$ in 2021 prices in 2004.
- How does Iceland rank for median income or consumption per day vs. gdp per capita?
- Iceland ranks 10th out of 118 countries with data for 2019.
- Is median income or consumption per day vs. gdp per capita rising or falling in Iceland?
- Over the last ten years it is up 15.3%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Median income or consumption per day vs. GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Value of income or consumption per day below which 50% of the population live.