Iceland - GDP per capita

GDP per capita (current US$)

The latest value for GDP per capita (current US$) in Iceland was $59,977 as of 2016. Over the past 56 years, the value for this indicator has fluctuated between $68,348 in 2007 and $1,415 in 1960.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $1,415
1961 $1,418
1962 $1,562
1963 $1,832
1964 $2,298
1965 $2,724
1966 $3,216
1967 $3,126
1968 $2,354
1969 $2,039
1970 $2,597
1971 $3,279
1972 $4,048
1973 $5,482
1974 $7,098
1975 $6,507
1976 $7,645
1977 $10,039
1978 $11,328
1979 $12,744
1980 $14,943
1981 $15,261
1982 $13,824
1983 $11,767
1984 $12,057
1985 $12,462
1986 $16,540
1987 $22,636
1988 $24,652
1989 $22,617
1990 $25,592
1991 $27,022
1992 $27,346
1993 $23,772
1994 $24,215
1995 $26,851
1996 $27,897
1997 $28,017
1998 $30,901
1999 $32,199
2000 $31,813
2001 $28,586
2002 $31,996
2003 $39,044
2004 $46,917
2005 $56,250
2006 $56,104
2007 $68,348
2008 $55,575
2009 $40,462
2010 $41,676
2011 $46,000
2012 $44,334
2013 $47,810
2014 $52,473
2015 $50,734
2016 $59,977

GDP per capita (current LCU)

The value for GDP per capita (current LCU) in Iceland was 7,245,908.00 as of 2016. As the graph below shows, over the past 56 years this indicator reached a maximum value of 7,245,908.00 in 2016 and a minimum value of 512.09 in 1960.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 512.09
1961 568.43
1962 671.76
1963 787.63
1964 988.11
1965 1,171.11
1966 1,382.75
1967 1,380.50
1968 1,463.70
1969 1,794.49
1970 2,285.70
1971 2,885.21
1972 3,572.43
1973 4,940.68
1974 7,094.48
1975 10,001.05
1976 13,927.23
1977 19,963.65
1978 30,712.61
1979 44,934.76
1980 71,689.64
1981 110,247.30
1982 170,743.10
1983 292,327.50
1984 382,136.40
1985 517,273.10
1986 679,862.70
1987 875,515.90
1988 1,060,364.00
1989 1,290,142.00
1990 1,491,608.00
1991 1,594,186.00
1992 1,573,633.00
1993 1,607,083.00
1994 1,693,683.00
1995 1,737,038.00
1996 1,855,151.00
1997 1,986,508.00
1998 2,192,686.00
1999 2,329,118.00
2000 2,501,040.00
2001 2,784,972.00
2002 2,932,826.00
2003 2,995,033.00
2004 3,293,203.00
2005 3,542,705.00
2006 3,937,347.00
2007 4,378,052.00
2008 4,887,730.00
2009 5,002,644.00
2010 5,094,604.00
2011 5,333,888.00
2012 5,545,402.00
2013 5,841,422.00
2014 6,127,147.00
2015 6,692,823.00
2016 7,245,908.00

GDP per capita (constant 2010 US$)

The latest value for GDP per capita (constant 2010 US$) in Iceland was 48,614 as of 2016. Over the past 56 years, the value for this indicator has fluctuated between 48,614 in 2016 and 11,465 in 1961.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 11,701
1961 11,465
1962 12,190
1963 13,207
1964 14,260
1965 15,049
1966 16,089
1967 15,630
1968 14,574
1969 14,782
1970 16,083
1971 18,037
1972 18,872
1973 19,855
1974 20,706
1975 20,575
1976 21,586
1977 23,316
1978 24,527
1979 25,468
1980 26,648
1981 27,470
1982 27,689
1983 26,737
1984 27,547
1985 28,230
1986 29,782
1987 31,975
1988 31,449
1989 31,143
1990 31,263
1991 30,833
1992 29,421
1993 29,506
1994 30,307
1995 30,178
1996 31,452
1997 32,728
1998 34,506
1999 35,456
2000 36,611
2001 37,512
2002 37,296
2003 37,942
2004 40,657
2005 42,702
2006 43,797
2007 46,695
2008 46,531
2009 43,153
2010 41,676
2011 42,375
2012 42,663
2013 44,126
2014 44,478
2015 45,820
2016 48,614

GDP per capita (constant LCU)

The value for GDP per capita (constant LCU) in Iceland was 5,942,650 as of 2016. As the graph below shows, over the past 56 years this indicator reached a maximum value of 5,942,650 in 2016 and a minimum value of 1,401,507 in 1961.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,430,297
1961 1,401,507
1962 1,490,148
1963 1,614,396
1964 1,743,221
1965 1,839,575
1966 1,966,690
1967 1,910,689
1968 1,781,547
1969 1,806,982
1970 1,965,957
1971 2,204,825
1972 2,307,007
1973 2,427,117
1974 2,531,138
1975 2,515,121
1976 2,638,677
1977 2,850,172
1978 2,998,165
1979 3,113,281
1980 3,257,553
1981 3,357,968
1982 3,384,773
1983 3,268,398
1984 3,367,347
1985 3,450,939
1986 3,640,563
1987 3,908,624
1988 3,844,431
1989 3,806,928
1990 3,821,610
1991 3,769,124
1992 3,596,478
1993 3,606,854
1994 3,704,766
1995 3,689,019
1996 3,844,727
1997 4,000,717
1998 4,218,039
1999 4,334,193
2000 4,475,358
2001 4,585,569
2002 4,559,123
2003 4,638,141
2004 4,969,995
2005 5,219,920
2006 5,353,787
2007 5,708,108
2008 5,688,071
2009 5,275,064
2010 5,094,604
2011 5,179,993
2012 5,215,237
2013 5,394,046
2014 5,437,064
2015 5,601,127
2016 5,942,650

GDP per capita, PPP (current international $)

The latest value for GDP per capita, PPP (current international $) in Iceland was 51,399 as of 2016. Over the past 26 years, the value for this indicator has fluctuated between 51,399 in 2016 and 22,009 in 1992.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 22,129
1991 22,552
1992 22,009
1993 22,598
1994 23,705
1995 24,097
1996 24,998
1997 26,945
1998 28,572
1999 29,391
2000 29,498
2001 31,618
2002 32,192
2003 32,303
2004 35,295
2005 36,965
2006 38,723
2007 40,723
2008 42,678
2009 41,064
2010 38,411
2011 39,466
2012 40,487
2013 42,631
2014 44,290
2015 47,690
2016 51,399

GDP per capita, PPP (constant 2011 international $)

The latest value for GDP per capita, PPP (constant 2011 international $) in Iceland was 45,276 as of 2016. Over the past 26 years, the value for this indicator has fluctuated between 45,276 in 2016 and 27,401 in 1992.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 29,116
1991 28,717
1992 27,401
1993 27,480
1994 28,226
1995 28,106
1996 29,293
1997 30,481
1998 32,137
1999 33,022
2000 34,097
2001 34,937
2002 34,736
2003 35,338
2004 37,866
2005 39,770
2006 40,790
2007 43,490
2008 43,337
2009 40,190
2010 38,815
2011 39,466
2012 39,734
2013 41,097
2014 41,424
2015 42,674
2016 45,276

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts