Iceland - GDP per capita
GDP per capita (current US$)
The latest value for GDP per capita (current US$) in Iceland was $59,264 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $74,470 in 2018 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 | $2,576 |
| 1971 | $3,252 |
| 1972 | $4,015 |
| 1973 | $5,437 |
| 1974 | $7,041 |
| 1975 | $6,454 |
| 1976 | $7,583 |
| 1977 | $9,957 |
| 1978 | $11,237 |
| 1979 | $12,641 |
| 1980 | $14,822 |
| 1981 | $15,137 |
| 1982 | $13,712 |
| 1983 | $11,672 |
| 1984 | $11,960 |
| 1985 | $12,361 |
| 1986 | $16,406 |
| 1987 | $22,453 |
| 1988 | $24,452 |
| 1989 | $22,434 |
| 1990 | $25,385 |
| 1991 | $26,803 |
| 1992 | $27,124 |
| 1993 | $23,580 |
| 1994 | $24,019 |
| 1995 | $26,634 |
| 1996 | $27,615 |
| 1997 | $27,919 |
| 1998 | $31,030 |
| 1999 | $32,382 |
| 2000 | $32,096 |
| 2001 | $28,897 |
| 2002 | $32,409 |
| 2003 | $39,477 |
| 2004 | $47,335 |
| 2005 | $56,795 |
| 2006 | $57,493 |
| 2007 | $69,496 |
| 2008 | $56,943 |
| 2009 | $41,301 |
| 2010 | $43,237 |
| 2011 | $47,715 |
| 2012 | $45,996 |
| 2013 | $49,805 |
| 2014 | $54,577 |
| 2015 | $52,952 |
| 2016 | $61,988 |
| 2017 | $72,010 |
| 2018 | $74,470 |
| 2019 | $68,941 |
| 2020 | $59,264 |
GDP per capita (current LCU)
The value for GDP per capita (current LCU) in Iceland was 8,025,637.00 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 8,452,690.00 in 2019 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 | 2,267.19 |
| 1971 | 2,861.85 |
| 1972 | 3,543.50 |
| 1973 | 4,900.68 |
| 1974 | 7,037.03 |
| 1975 | 9,920.07 |
| 1976 | 13,814.45 |
| 1977 | 19,801.99 |
| 1978 | 30,463.91 |
| 1979 | 44,570.90 |
| 1980 | 71,109.13 |
| 1981 | 109,354.50 |
| 1982 | 169,360.50 |
| 1983 | 289,960.40 |
| 1984 | 379,042.10 |
| 1985 | 513,084.40 |
| 1986 | 674,357.50 |
| 1987 | 868,426.40 |
| 1988 | 1,051,777.00 |
| 1989 | 1,279,696.00 |
| 1990 | 1,479,529.00 |
| 1991 | 1,581,277.00 |
| 1992 | 1,560,891.00 |
| 1993 | 1,594,070.00 |
| 1994 | 1,679,969.00 |
| 1995 | 1,722,972.00 |
| 1996 | 1,836,389.00 |
| 1997 | 1,979,589.00 |
| 1998 | 2,201,840.00 |
| 1999 | 2,342,335.00 |
| 2000 | 2,523,289.00 |
| 2001 | 2,815,322.00 |
| 2002 | 2,970,684.00 |
| 2003 | 3,028,218.00 |
| 2004 | 3,322,519.00 |
| 2005 | 3,577,036.00 |
| 2006 | 4,034,854.00 |
| 2007 | 4,451,549.00 |
| 2008 | 5,008,050.00 |
| 2009 | 5,106,424.00 |
| 2010 | 5,285,378.00 |
| 2011 | 5,532,700.00 |
| 2012 | 5,753,252.00 |
| 2013 | 6,085,129.00 |
| 2014 | 6,372,782.00 |
| 2015 | 6,985,318.00 |
| 2016 | 7,488,858.00 |
| 2017 | 7,693,534.00 |
| 2018 | 8,065,093.00 |
| 2019 | 8,452,690.00 |
| 2020 | 8,025,637.00 |
GDP per capita (constant 2010 US$)
The latest value for GDP per capita (constant 2010 US$) in Iceland was 53,188 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 57,819 in 2019 and 34,188 in 1995.
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 |
|---|---|
| 1995 | 34,188 |
| 1996 | 35,557 |
| 1997 | 37,303 |
| 1998 | 39,623 |
| 1999 | 40,726 |
| 2000 | 42,175 |
| 2001 | 43,288 |
| 2002 | 43,143 |
| 2003 | 43,764 |
| 2004 | 46,766 |
| 2005 | 48,851 |
| 2006 | 50,732 |
| 2007 | 53,646 |
| 2008 | 53,821 |
| 2009 | 49,527 |
| 2010 | 48,194 |
| 2011 | 48,934 |
| 2012 | 49,192 |
| 2013 | 50,947 |
| 2014 | 51,233 |
| 2015 | 52,952 |
| 2016 | 55,514 |
| 2017 | 56,501 |
| 2018 | 57,699 |
| 2019 | 57,819 |
| 2020 | 53,188 |
GDP per capita (constant LCU)
The value for GDP per capita (constant LCU) in Iceland was 7,016,498 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 7,627,390 in 2019 and a minimum value of 1,672,728 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 | 1,707,090 |
| 1961 | 1,672,728 |
| 1962 | 1,778,524 |
| 1963 | 1,926,817 |
| 1964 | 2,080,572 |
| 1965 | 2,195,572 |
| 1966 | 2,347,287 |
| 1967 | 2,280,449 |
| 1968 | 2,126,315 |
| 1969 | 2,156,672 |
| 1995 | 4,510,087 |
| 1996 | 4,690,675 |
| 1997 | 4,920,921 |
| 1998 | 5,226,963 |
| 1999 | 5,372,507 |
| 2000 | 5,563,628 |
| 2001 | 5,710,507 |
| 2002 | 5,691,430 |
| 2003 | 5,773,261 |
| 2004 | 6,169,313 |
| 2005 | 6,444,330 |
| 2006 | 6,692,459 |
| 2007 | 7,076,960 |
| 2008 | 7,100,059 |
| 2009 | 6,533,591 |
| 2010 | 6,357,651 |
| 2011 | 6,455,250 |
| 2012 | 6,489,289 |
| 2013 | 6,720,838 |
| 2014 | 6,758,624 |
| 2015 | 6,985,318 |
| 2016 | 7,323,288 |
| 2017 | 7,453,600 |
| 2018 | 7,611,638 |
| 2019 | 7,627,390 |
| 2020 | 7,016,498 |
GDP per capita, PPP (current international $)
The latest value for GDP per capita, PPP (current international $) in Iceland was 53,617 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 58,290 in 2019 and 23,942 in 1995.
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 |
|---|---|
| 1995 | 23,942 |
| 1996 | 24,769 |
| 1997 | 26,873 |
| 1998 | 28,721 |
| 1999 | 29,558 |
| 2000 | 29,779 |
| 2001 | 31,876 |
| 2002 | 32,607 |
| 2003 | 32,699 |
| 2004 | 35,616 |
| 2005 | 37,323 |
| 2006 | 39,700 |
| 2007 | 41,463 |
| 2008 | 43,728 |
| 2009 | 41,864 |
| 2010 | 39,775 |
| 2011 | 40,937 |
| 2012 | 42,004 |
| 2013 | 44,410 |
| 2014 | 45,997 |
| 2015 | 49,201 |
| 2016 | 53,480 |
| 2017 | 55,638 |
| 2018 | 57,211 |
| 2019 | 58,290 |
| 2020 | 53,617 |
GDP per capita, PPP (constant 2011 international $)
The latest value for GDP per capita, PPP (constant 2011 international $) in Iceland was 52,376 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 56,936 in 2019 and 33,666 in 1995.
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 |
|---|---|
| 1995 | 33,666 |
| 1996 | 35,014 |
| 1997 | 36,733 |
| 1998 | 39,017 |
| 1999 | 40,104 |
| 2000 | 41,531 |
| 2001 | 42,627 |
| 2002 | 42,485 |
| 2003 | 43,095 |
| 2004 | 46,052 |
| 2005 | 48,105 |
| 2006 | 49,957 |
| 2007 | 52,827 |
| 2008 | 52,999 |
| 2009 | 48,771 |
| 2010 | 47,458 |
| 2011 | 48,186 |
| 2012 | 48,440 |
| 2013 | 50,169 |
| 2014 | 50,451 |
| 2015 | 52,143 |
| 2016 | 54,666 |
| 2017 | 55,638 |
| 2018 | 56,818 |
| 2019 | 56,936 |
| 2020 | 52,376 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
