Home / GDP per capita / Iceland
Iceland — GDP per capita
GDP per Capita (Nominal) for Iceland, 1960–2025.
Latest value · 2025
98,323
GDP per Capita (Nominal) · current US$ · +6514.6% since 1960
GDP per capita for Iceland was 98,323 in 2025, according to the latest World Bank data. The series covers 66 years, from 1960 to 2025. The latest year is also the highest value on record for this series. The lowest was 1,486 in 1960 (about 66.1× the low point). Across that span the compound annual growth rate works out to 6.66% per year.
Iceland ranks 9 of 212 economies on this measure (1 = highest), putting it in the top 4%. The median for Europe & Central Asia is 32,959, so Iceland sits above it. Over the last decade (2015–2025) the figure moved up 84%.
Key figures
Latest (2025)
98,323
First (1960)
1,486
Change
+6514.6%
Highest
98,323
in 2025
Lowest
1,486
in 1960
Average
31,309
Annual growth (CAGR)
6.66%
Years of data
66
Recent years
| Year | current US$ |
|---|---|
| 2025 | 98,323.48 |
| 2024 | 85,863.15 |
| 2023 | 82,201.29 |
| 2022 | 76,376.96 |
| 2021 | 70,425.41 |
| 2020 | 60,127.94 |
| 2019 | 69,296.31 |
| 2018 | 75,633.87 |
| 2017 | 72,976.37 |
| 2016 | 62,854.09 |
| 2015 | 53,505.7 |
| 2014 | 55,140.36 |
Reading this correctly. Nominal GDP divided by midyear population. A rough proxy for average income; it does not account for income distribution. Figures are in current US$. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
NY.GDP.PCAP.CD — GDP per Capita (Nominal). 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.