GDP per employed person in Iceland

Iceland: GDP per employed person was 114,279 constant 2021 PPP $ in 2025. ▲ Rising

Latest (2025)
114,279 constant 2021 PPP $
Change on year
down 0.2%
World rank
26th
of 177 countries
All-time high
117,212 constant 2021 PPP $
in 2023
All-time low
76,737 constant 2021 PPP $
in 1995
Years of data
35
1991–2025

GDP per employed person in Iceland, 1991–2025

025.0k50.0k75.0k100.0k125.0k1991200820251991: 79.8k constant 2021 PPP $1992: 77.0k constant 2021 PPP $1993: 78.4k constant 2021 PPP $1994: 80.1k constant 2021 PPP $1995: 76.7k constant 2021 PPP $1996: 79.5k constant 2021 PPP $1997: 82.9k constant 2021 PPP $1998: 85.1k constant 2021 PPP $1999: 84.9k constant 2021 PPP $2000: 85.7k constant 2021 PPP $2001: 87.8k constant 2021 PPP $2002: 89.5k constant 2021 PPP $2003: 91.0k constant 2021 PPP $2004: 97.9k constant 2021 PPP $2005: 101.8k constant 2021 PPP $2006: 103.1k constant 2021 PPP $2007: 107.7k constant 2021 PPP $2008: 109.0k constant 2021 PPP $2009: 106.4k constant 2021 PPP $2010: 104.8k constant 2021 PPP $2011: 105.9k constant 2021 PPP $2012: 105.1k constant 2021 PPP $2013: 106.1k constant 2021 PPP $2014: 104.7k constant 2021 PPP $2015: 105.2k constant 2021 PPP $2016: 107.6k constant 2021 PPP $2017: 108.8k constant 2021 PPP $2018: 111.6k constant 2021 PPP $2019: 111.4k constant 2021 PPP $2020: 107.3k constant 2021 PPP $2021: 111.7k constant 2021 PPP $2022: 113.9k constant 2021 PPP $2023: 117.2k constant 2021 PPP $2024: 114.5k constant 2021 PPP $2025: 114.3k constant 2021 PPP $

Source: World Bank, International Labour Organization (ILO), UN Population Division, Eurostat, and OECD (2026) – processed by Our World in Data. Measured in constant 2021 PPP $.

Analysis

Iceland recorded 114,279 constant 2021 PPP $ for gdp per employed person in 2025.

Compared with earlier readings it is down 0.2% on the previous year and up 8.6% over ten years.

Over the whole period, gdp per employed person in Iceland peaked at 117,212 constant 2021 PPP $ in 2023 and was at its lowest, 76,737 constant 2021 PPP $, in 1995.

That places Iceland 26th out of 177 countries with data for 2025, putting it in the top quarter.

The long-run direction has been consistently rising across the 35 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 80,481 constant 2021 PPP $ 76,737 constant 2021 PPP $ 85,121 constant 2021 PPP $ 9
2000s 97,996 constant 2021 PPP $ 85,749 constant 2021 PPP $ 109,020 constant 2021 PPP $ 10
2010s 107,141 constant 2021 PPP $ 104,736 constant 2021 PPP $ 111,644 constant 2021 PPP $ 10
2020s 113,145 constant 2021 PPP $ 107,277 constant 2021 PPP $ 117,212 constant 2021 PPP $ 6

Countries ranked near Iceland

  1. 23 Malta 117,634 constant 2021 PPP $ compare
  2. 24 United States Virgin Islands 116,146 constant 2021 PPP $ compare
  3. 25 Australia 114,582 constant 2021 PPP $ compare
  4. 27 Canada 113,563 constant 2021 PPP $ compare
  5. 28 United Kingdom 111,234 constant 2021 PPP $ compare
  6. 29 Spain 109,693 constant 2021 PPP $ compare

See the full ranking of 177 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is gdp per employed person in Iceland?
Gdp per employed person in Iceland was 114,279 constant 2021 PPP $ in 2025, according to World Bank, International Labour Organization (ILO), UN Population Division, Eurostat, and OECD (2026) – processed by Our World in Data.
What is the highest gdp per employed person recorded in Iceland?
The highest recorded value was 117,212 constant 2021 PPP $ in 2023.
What is the lowest gdp per employed person recorded in Iceland?
The lowest recorded value was 76,737 constant 2021 PPP $ in 1995.
How does Iceland rank for gdp per employed person?
Iceland ranks 26th out of 177 countries with data for 2025.
Is gdp per employed person rising or falling in Iceland?
Over the last ten years it is up 8.6%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from World Bank, International Labour Organization (ILO), UN Population Division, Eurostat, and OECD (2026) – processed by Our World in Data, published as part of GDP per employed person. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
GDP per employed person
Unit
constant 2021 PPP $
Source
World Bank, International Labour Organization (ILO), UN Population Division, Eurostat, and OECD (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
177 places, 6,119 data points, 1991–2025
Last refreshed

Gross domestic product (GDP) divided by the total number of people employed in the economy. This data is adjusted for inflation and differences in living costs between countries.