Taxes less subsidies on products (constant LCU), per capita in Iceland
Iceland: Taxes less subsidies on products (constant LCU), per capita was 897,160 constant LCU per person in 2025. ▲ Rising
Taxes less subsidies on products (constant LCU), per capita in Iceland, 1995–2025
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
Iceland recorded 897,160 constant LCU per person for taxes less subsidies on products (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, taxes less subsidies on products (constant lcu), per capita in Iceland peaked at 913,022 constant LCU per person in 2023 and was at its lowest, 548,387 constant LCU per person, in 1995.
Iceland ranks 10th of 189 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
Taxes less subsidies on products (constant LCU), per capita in Iceland, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 1995 | 548,387 constant LCU per person | — |
| 1996 | 569,966 constant LCU per person | +3.9% |
| 1997 | 588,722 constant LCU per person | +3.3% |
| 1998 | 623,284 constant LCU per person | +5.9% |
| 1999 | 639,799 constant LCU per person | +2.6% |
| 2000 | 662,054 constant LCU per person | +3.5% |
| 2001 | 678,402 constant LCU per person | +2.5% |
| 2002 | 676,022 constant LCU per person | -0.4% |
| 2003 | 686,672 constant LCU per person | +1.6% |
| 2004 | 732,554 constant LCU per person | +6.7% |
| 2005 | 771,735 constant LCU per person | +5.3% |
| 2006 | 796,584 constant LCU per person | +3.2% |
| 2007 | 844,575 constant LCU per person | +6.0% |
| 2008 | 843,107 constant LCU per person | -0.2% |
| 2009 | 770,313 constant LCU per person | -8.6% |
| 2010 | 754,283 constant LCU per person | -2.1% |
| 2011 | 762,362 constant LCU per person | +1.1% |
| 2012 | 767,183 constant LCU per person | +0.6% |
| 2013 | 787,296 constant LCU per person | +2.6% |
| 2014 | 793,485 constant LCU per person | +0.8% |
| 2015 | 814,854 constant LCU per person | +2.7% |
| 2016 | 853,592 constant LCU per person | +4.8% |
| 2017 | 862,863 constant LCU per person | +1.1% |
| 2018 | 879,213 constant LCU per person | +1.9% |
| 2019 | 869,881 constant LCU per person | -1.1% |
| 2020 | 798,995 constant LCU per person | -8.1% |
| 2021 | 826,723 constant LCU per person | +3.5% |
| 2022 | 877,608 constant LCU per person | +6.2% |
| 2023 | 913,022 constant LCU per person | +4.0% |
| 2024 | 899,344 constant LCU per person | -1.5% |
| 2025 | 897,160 constant LCU per person | -0.2% |
Iceland compared with similar countries
- Iceland's 897,160 constant LCU per person is above the median for high income countries, which is 4,293 constant LCU per person, 209.0× the median. (66 countries reporting)
- Iceland's 897,160 constant LCU per person is above the median for Europe & Central Asia, which is 3,515 constant LCU per person, 255.2× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 594,032 constant LCU per person | 548,387 constant LCU per person | 639,799 constant LCU per person | 5 |
| 2000s | 746,202 constant LCU per person | 662,054 constant LCU per person | 844,575 constant LCU per person | 10 |
| 2010s | 814,501 constant LCU per person | 754,283 constant LCU per person | 879,213 constant LCU per person | 10 |
| 2020s | 868,809 constant LCU per person | 798,995 constant LCU per person | 913,022 constant LCU per person | 6 |
Countries ranked near Iceland
- 7 Colombia 1.93 million constant LCU per person compare
- 8 Mongolia 1.23 million constant LCU per person compare
- 9 Chile 1.07 million constant LCU per person compare
- 11 Hungary 852,389 constant LCU per person compare
- 12 Costa Rica 771,261 constant LCU per person compare
- 13 Cambodia 559,022 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per capita in Iceland?
- Taxes less subsidies on products (constant lcu), per capita in Iceland was 897,160 constant LCU per person in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per capita recorded in Iceland?
- The highest recorded value was 913,022 constant LCU per person in 2023.
- What is the lowest taxes less subsidies on products (constant lcu), per capita recorded in Iceland?
- The lowest recorded value was 548,387 constant LCU per person in 1995.
- How does Iceland rank for taxes less subsidies on products (constant lcu), per capita?
- Iceland ranks 10th out of 189 countries with data for 2025.
- Is taxes less subsidies on products (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 Taxes less subsidies on products (constant LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (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.
Taxes less subsidies on products (constant LCU) ÷ Population, total
Computed from
- Taxes less subsidies on products 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
Taxes less subsidies on products (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.