GDP per capita — all countries

GDP per capita — Iceland

GDP per capita in Iceland in 2025 — 98,323 US$. Ranked 5 in the world out of 186. Since 1960, the indicator has risen by 6,514.6%.

2025 98,323 US$ +14.51% vs 2024
World rank 5of 186
Period maximum 98,323 US$2025
Period minimum 1,486 US$1960

Trend over time

1960–2025 · US$ per capita

GDP per capita — Iceland, 1960–2025025,00050,00075,000100,00019601967197419811988199520022009201620231960: 1,486 US$1962: 1,641 US$1964: 2,414 US$1966: 3,378 US$1968: 2,473 US$1970: 2,666 US$1972: 4,155 US$1974: 7,287 US$1976: 7,848 US$1978: 11,630 US$1980: 15,340 US$1982: 14,191 US$1984: 12,378 US$1986: 16,980 US$1988: 25,307 US$1990: 26,272 US$1992: 28,072 US$1994: 24,858 US$1996: 28,584 US$1998: 31,519 US$2000: 32,504 US$2002: 32,749 US$2004: 47,810 US$2006: 58,172 US$2008: 57,489 US$2010: 43,776 US$2012: 46,595 US$2014: 55,140 US$2016: 62,854 US$2018: 75,634 US$2020: 60,128 US$2022: 76,377 US$2024: 85,863 US$2025: 98,323 US$
Change over the period: +96,837 (+6,514.59%) Average annual rate: 6.66 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Iceland

Iceland 98,323 US$
World 14,406 US$
Northern Europe computed 63,414 US$
High-income countries computed 54,531 US$
GDP per capita — Iceland, by year Iceland All countries CSV XLSX
Year US$ Change Change, %
2025 98,323 +12,460 +14.51%
2024 85,863 +3,662 +4.45%
2023 82,201 +5,824 +7.63%
2022 76,377 +5,952 +8.45%
2021 70,425 +10,297 +17.13%
2020 60,128 −9,168 −13.23%
2019 69,296 −6,338 −8.38%
2018 75,634 +2,657 +3.64%
2017 72,976 +10,122 +16.1%
2016 62,854 +9,348 +17.47%
2015 53,506 −1,635 −2.96%
2014 55,140 +4,967 +9.9%
2013 50,173 +3,578 +7.68%
2012 46,595 −1,660 −3.44%
2011 48,255 +4,478 +10.23%
2010 43,776 +2,293 +5.53%
2009 41,484 −16,006 −27.84%
2008 57,489 −12,994 −18.44%
2007 70,483 +12,311 +21.16%
2006 58,172 +388 +0.67%
2005 57,784 +9,974 +20.86%
2004 47,810 +7,865 +19.69%
2003 39,944 +7,195 +21.97%
2002 32,749 +3,541 +12.12%
2001 29,208 −3,295 −10.14%
2000 32,504 −331 −1.01%
1999 32,834 +1,315 +4.17%
1998 31,519 +3,057 +10.74%
1997 28,462 −122 −0.43%
1996 28,584 +1,019 +3.7%
1995 27,565 +2,706 +10.89%
1994 24,858 +454 +1.86%
1993 24,404 −3,668 −13.07%
1992 28,072 +333 +1.2%
1991 27,740 +1,468 +5.59%
1990 26,272 +3,054 +13.15%
1989 23,219 −2,088 −8.25%
1988 25,307 +2,069 +8.9%
1987 23,238 +6,259 +36.86%
1986 16,980 +4,186 +32.72%
1985 12,793 +416 +3.36%
1984 12,378 +298 +2.47%
1983 12,080 −2,111 −14.88%
1982 14,191 −1,475 −9.42%
1981 15,666 +326 +2.13%
1980 15,340 +2,257 +17.26%
1979 13,082 +1,453 +12.49%
1978 11,630 +1,324 +12.85%
1977 10,305 +2,457 +31.31%
1976 7,848 +1,169 +17.49%
1975 6,680 −607 −8.33%
1974 7,287 +1,659 +29.49%
1973 5,627 +1,472 +35.43%
1972 4,155 +789 +23.45%
1971 3,366 +699 +26.23%
1970 2,666 +524 +24.47%
1969 2,142 −331 −13.39%
1968 2,473 −810 −24.67%
1967 3,284 −95 −2.8%
1966 3,378 +517 +18.07%
1965 2,861 +447 +18.52%
1964 2,414 +490 +25.45%
1963 1,924 +283 +17.25%
1962 1,641 +151 +10.16%
1961 1,490 +3 +0.22%
1960 1,486

About the indicator

Gross domestic product divided by the mid-year population, in current US dollars. This is the most widely used indicator of the level of economic development. It does not account for price differences between countries — measured by nominal GDP per capita, expensive countries look richer than they do at purchasing power parity — and it says nothing about how income is distributed within a country.

Important: The aggregate for a group of countries is its total GDP divided by its total population, not an average of country values: a country counts in it in proportion to its population and its output.

Source: World Development Indicators (World Bank), license CC BY 4.0.