Flag of is

Iceland GDP per Capita

Iceland's GDP per capita fell to $57,954.57 in 2024, down from $59,307.18 in 2023, according to World Bank. This represents a decrease of 2.3% ($1,352.61) from the previous year. Iceland has the 16th highest GDP per capita. Within Europe, it ranks 9th out of 47 countries.

Iceland's GDP rose to $33.46 billion in 2024, up from $31.45 billion in 2023.

Yearly Historical Data (1960-2024)

(in USD)
Year GDP per Capita (USD)
2024 57,954.57
2023 59,307.18
2022 57,804.76
2021 54,392.38
2020 52,641.72
2019 57,493.42
2018 57,697.8
2017 56,501.46
2016 55,513.64
2015 52,951.68
2014 51,233.24
2013 50,946.82
2012 49,191.57
2011 48,933.55
2010 48,193.7
2009 49,527.4
2008 53,821.47
2007 53,646.37
2006 50,731.69
2005 48,850.77
2004 46,766.02
2003 43,763.78
2002 43,143.46
2001 43,288.08
2000 42,174.67
1999 40,725.89
1998 39,622.6
1997 37,302.46
1996 35,557.08
1995 34,188.16
1994 34,334.1
1993 33,426.69
1992 33,330.53
1991 34,930.53
1990 35,416.95
1989 35,280.89
1988 35,628.44
1987 36,223.35
1986 33,739.09
1985 31,981.74
1984 31,207.04
1983 30,290.03
1982 31,368.54
1981 31,120.12
1980 30,189.52
1979 28,852.48
1978 27,785.64
1977 26,414.1
1976 24,454.06
1975 23,309
1974 23,457.44
1973 22,493.42
1972 21,380.29
1971 20,433.32
1970 18,219.6
1969 17,044.19
1968 16,801.81
1967 18,024.21
1966 18,551.18
1965 17,349.79
1964 16,452.58
1963 15,241.53
1962 14,068.81
1961 13,231.79
1960 13,502.19
Iceland GDP per Capita : Definition
GDP per Capita measures total economic output for Iceland divided by the number of people, adjusted to 2015 prices and measured in US dollars.
Indicator Last Value Prior Value Period
GDP $33.46B $31.45B 2024
GDP Annual Growth Rate 0.52% 5.65% 2024
GDP per Capita PPP $65,645.09 $67,177.2 2024
R&D Expenditure (% GDP) 2.6% 2.78% 2022
Real GDP $23.45B $23.33B 2024