Iceland — GDP per capita (PPP)
GDP per Capita (PPP) for Iceland, 1990–2025.
GDP per capita (PPP) for Iceland was 83,431 in 2025, according to the latest World Bank data. The series covers 36 years, from 1990 to 2025. The highest recorded value was 83,561 in 2024. The lowest was 22,642 in 1992 (about 3.7× the low point). Across that span the compound annual growth rate works out to 3.78% per year.
Iceland ranks 14 of 201 economies on this measure (1 = highest), putting it in the top 7%. The median for Europe & Central Asia is 52,106, so Iceland sits above it. It peaked in 2024 and has fallen 0% since. Over the last decade (2015–2025) the figure moved up 68%. Within Europe & Central Asia it ranks 6 of 53 economies; Denmark (83,218) is just below it. Its sharpest one-year move was up 22% in 2022. That is 27% above this series' own ten-year average.
Data highlights
From its 1990 level: doubled by 2014. Doubling roughly every 19 years at that pace.
World ranking. Climbed: 15th of 186 in 1990 → 20th of 194 in 2000 → 26th of 200 in 2010 → 21st of 198 in 2020 → 12th of 185 in 2025.
Key figures
Full history — 1990 to 2025
| Year | current international $ | Change |
|---|---|---|
| 2025 | 83,431.21 | -0.2% |
| 2024 | 83,561.43 | +1.6% |
| 2023 | 82,256.53 | +7.4% |
| 2022 | 76,592.34 | +22.1% |
| 2021 | 62,720.79 | +10.3% |
| 2020 | 56,840.74 | -7.2% |
| 2019 | 61,270.13 | +5.4% |
| 2018 | 58,105.59 | +3.1% |
| 2017 | 56,385.04 | +4.0% |
| 2016 | 54,227.68 | +9.1% |
| 2015 | 49,715.84 | +7.0% |
| 2014 | 46,471.98 | +3.9% |
| 2013 | 44,738.12 | +5.1% |
| 2012 | 42,551.87 | +2.8% |
| 2011 | 41,400.47 | +2.8% |
| 2010 | 40,260.06 | -4.3% |
| 2009 | 42,069.86 | -4.7% |
| 2008 | 44,147.38 | +5.0% |
| 2007 | 42,060.49 | +4.7% |
| 2006 | 40,160.51 | +5.8% |
| 2005 | 37,972.61 | +5.6% |
| 2004 | 35,969.56 | +8.7% |
| 2003 | 33,084.1 | +0.4% |
| 2002 | 32,949.35 | +2.2% |
| 2001 | 32,224.91 | +6.8% |
| 2000 | 30,167.18 | +0.7% |
| 1999 | 29,970.85 | +2.7% |
| 1998 | 29,175.56 | +6.5% |
| 1997 | 27,396.68 | +6.8% |
| 1996 | 25,645.37 | +3.4% |
| 1995 | 24,791.6 | +1.7% |
| 1994 | 24,386.13 | +4.9% |
| 1993 | 23,245.3 | +2.7% |
| 1992 | 22,641.75 | -2.4% |
| 1991 | 23,199.95 | +2.0% |
| 1990 | 22,753.53 | — |
Frequently asked questions
What was Iceland’s GDP per capita (PPP) in 1991?
23,199.95 (1991). The full year-by-year table above lists every published year, most recent first.
Are Iceland’s GDP per capita (PPP) figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current international $ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.
Is Iceland’s GDP per capita (PPP) growing or shrinking?
Between 1990 and 2025 the series was growing overall: +266.7% in total — about 3.8% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.PCAP.PP.CD. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 83,431.21; 2024: 83,561.43; 2023: 82,256.53; 2022: 76,592.34; 2021: 62,720.79. Earlier years are in the full-history table below.
Related data
NY.GDP.PCAP.PP.CD — GDP per Capita (PPP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.