Iceland
GDP per person in Iceland
GDP per person in Iceland: $14,220 in 1960 and $58,910 in 2025, by World Bank estimates.
- Latest, 2025
- $58,910
- Since 1960
- +$44,690
- Rank, 2025
- 11 of 186
- counting from the highest
- World, 2025
- $12,130
US dollars at 2015 prices · World Bank
What the numbers say
- The highest was $59,950 in 2023, the lowest $13,940 in 1961.
- Older estimates from Maddison reach back to 1870: 1,563 international dollars at 2011 prices.
The long run, in international dollars at 2011 prices
Maddison Project Database, version 2023 by Bolt, Jutta and Jan Luiten van Zanden (2024), “Maddison style estimates of the evolution of the world economy: A new 2023 update”, Journal of Economic Surveys, 1–41. DOI: 10.1111/joes.12618
Every year
US dollars at 2015 prices · World Bank
| Year | Iceland | World |
|---|---|---|
| 2025 | $58,910 | $12,130 |
| 2024 | $59,050 | $11,890 |
| 2023 | $59,950 | $11,670 |
| 2022 | $57,630 | $11,450 |
| 2021 | $54,290 | $11,170 |
| 2020 | $52,460 | $10,580 |
| 2019 | $57,120 | $11,000 |
| 2018 | $57,730 | $10,820 |
| 2017 | $56,660 | $10,590 |
| 2016 | $56,050 | $10,360 |
| 2015 | $53,510 | $10,190 |
| 2014 | $52,100 | $10,000 |
| 2013 | $51,700 | $9,811 |
| 2012 | $50,380 | $9,654 |
| 2011 | $50,060 | $9,515 |
| 2010 | $49,530 | $9,322 |
| 2009 | $50,580 | $9,028 |
| 2008 | $55,360 | $9,266 |
| 2007 | $55,460 | $9,191 |
| 2006 | $52,310 | $8,913 |
| 2005 | $50,670 | $8,639 |
| 2004 | $48,100 | $8,409 |
| 2003 | $45,090 | $8,151 |
| 2002 | $44,390 | $8,011 |
| 2001 | $44,550 | $7,932 |
| 2000 | $43,470 | $7,880 |
| 1999 | $42,010 | $7,639 |
| 1998 | $40,930 | $7,479 |
| 1997 | $38,660 | $7,382 |
| 1996 | $37,430 | $7,203 |
| 1995 | $36,010 | $7,058 |
| 1994 | $36,160 | $6,944 |
| 1993 | $35,210 | $6,819 |
| 1992 | $35,110 | $6,801 |
| 1991 | $36,790 | $6,773 |
| 1990 | $37,300 | $6,804 |
| 1989 | $37,160 | $6,741 |
| 1988 | $37,530 | $6,620 |
| 1987 | $38,150 | $6,446 |
| 1986 | $35,540 | $6,326 |
| 1985 | $33,680 | $6,233 |
| 1984 | $32,870 | $6,120 |
| 1983 | $31,900 | $5,947 |
| 1982 | $33,040 | $5,903 |
| 1981 | $32,780 | $5,986 |
| 1980 | $31,800 | $5,980 |
| 1979 | $30,390 | $5,978 |
| 1978 | $29,270 | $5,843 |
| 1977 | $27,820 | $5,710 |
| 1976 | $25,760 | $5,591 |
| 1975 | $24,550 | $5,410 |
| 1974 | $24,710 | $5,467 |
| 1973 | $23,690 | $5,465 |
| 1972 | $22,520 | $5,236 |
| 1971 | $21,520 | $5,061 |
| 1970 | $19,190 | $4,964 |
| 1969 | $17,950 | $4,885 |
| 1968 | $17,700 | $4,707 |
| 1967 | $18,980 | $4,535 |
| 1966 | $19,540 | $4,461 |
| 1965 | $18,270 | $4,321 |
| 1964 | $17,330 | $4,176 |
| 1963 | $16,050 | $3,999 |
| 1962 | $14,820 | $3,889 |
| 1961 | $13,940 | $3,759 |
| 1960 | $14,220 | $3,667 |
Good to know
- The value of everything produced in the country in a year, divided by its people, in 2015 US dollars so that years compare.
- Source: World Bank, World Development Indicators.
- Ranks count the 186 countries with a value in 2025, highest first.
- The faint line is the world as a whole, as the same source counts it.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Iceland in numbers
Every measure for Iceland on one page
Health
People
Economy
Education
Politics
Conflict
Military
- Military spending0% of GDP in 2025
- Military spending in US dollars$0 in 2025
- Military spending per person$0 in 2025
- Military share of state spending0% of government spending in 2025
- Armed forces personnel0 people in 2020
- National power0% of world capability in 2022
- Armed forces, share of workers0% of the labour force in 2020
- Arms imports50 million TIV in 2011
- Arms exports5 million TIV in 1993