Iceland GNI per Capita
GNI divided by midyear population NY.GNP.PCAP.CD
Iceland's gni per capita was $88,848 in 2025, ranked 5th globally. This represents a 8.1% increase from 2024. Data from World Bank, covering 1962–2025.
Overview
Iceland's gni per capita stood at $88,848 in 2025, a rise of +$6,648 from 2024. Based on recent trends, this figure is projected to reach $88,848 by 2025. Iceland ranked 5th globally.
Iceland's GNI per capita has experienced a remarkable transformation over the past 64 years, rising from a mere 1,610.00 in 1962 to 88,848.00 in 2025, a staggering 5,500 times increase. This unprecedented growth has propelled Iceland to the 5th position globally, surpassing its peer countries such as the United States and Luxembourg. Notably, Iceland's GNI per capita has reached an all-time peak of 88,848.00 in 2025, outpacing its closest peer, Luxembourg, with a GNI per capita of 88,077.00. The country's ascent to this position is a testament to its robust economy, driven by its unique blend of natural resources, tourism, and financial services. However, the trajectory of Iceland's GNI per capita may be influenced by factors such as a potential decline in tourism due to climate change or shifts in global economic dynamics, which could impact the country's economic growth and competitiveness.
Data & projection
| Year | GNI per Capita | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $98,592 | - | - |
| 2026* trend | $93,720 | - | - |
| 2025* trend | $88,848 | - | - |
| 2025 | $88,848 | +$6,648 | #5 |
| 2024 | $82,200 | −$430 | #6 |
| 2023 | $82,630 | +$8,940 | #5 |
| 2022 | $73,690 | +$6,720 | #9 |
| 2021 | $66,970 | +$1,300 | #11 |
| 2020 | $65,670 | −$9,200 | #6 |
| 2019 | $74,870 | +$2,660 | #6 |
| 2018 | $72,210 | +$10,140 | #7 |
| 2017 | $62,070 | +$3,660 | #7 |
| 2016 | $58,410 | +$5,870 | #8 |
| 2015 | $52,540 | +$2,420 | #14 |
| 2014 | $50,120 | +$1,060 | #18 |
| 2013 | $49,060 | +$6,620 | #20 |
| 2012 | $42,440 | +$3,190 | #25 |
| 2011 | $39,250 | +$1,300 | #27 |
Detected Pattern
Analysis
Iceland matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw gni per capita improve within 24 months. View full analysis →
Frequently Asked Questions
Iceland's gni per capita was $88,848 in 2025. Ranked 5th globally. This represents a 8.1% increase from the previous year.
Iceland's gni per capita peaked at $88,848 in 2025.
The lowest gni per capita in Iceland was $1,610 in 1962.
Iceland ranks 5th globally in gni per capita as of 2025.
The World Bank indicator code is NY.GNP.PCAP.CD. Data sourced from World Bank.
Iceland's gni per capita is projected to reach $88,848 by 2025 based on trend extrapolation.
The gni per capita of Iceland in 2025 was $88,848. This ranks 5th in the world.
Cite this page
@misc{historysaid_iceland_gni-per-capita,
title = {Iceland GNI per Capita},
url = {https://historysaid.com/iceland/gni-per-capita/},
publisher = {HistorySaid},
year = {2026}
}