Output per worker, GDP constant 2021 international $ at PPP in Iceland

Iceland: Output per worker, GDP constant 2021 international $ at PPP was 114,878 in 2027. ▲ Rising

Latest (2027)
114,878
Change on year
up 1.6%
World rank
30th
of 188 countries
All-time high
115,227
in 2023
All-time low
71,415
in 1995
Years of data
37
1991–2027

Output per worker, GDP constant 2021 international $ at PPP in Iceland, 1991–2027

025.0k50.0k75.0k100.0k125.0k1991200920271991: 74.2k1992: 71.6k1993: 72.9k1994: 74.5k1995: 71.4k1996: 74.0k1997: 78.4k1998: 80.8k1999: 80.7k2000: 81.5k2001: 83.6k2002: 85.3k2003: 86.6k2004: 93.3k2005: 96.2k2006: 98.0k2007: 102.1k2008: 103.9k2009: 102.1k2010: 100.0k2011: 101.5k2012: 100.6k2013: 102.5k2014: 100.9k2015: 102.0k2016: 104.5k2017: 106.3k2018: 109.3k2019: 109.9k2020: 105.8k2021: 110.2k2022: 112.8k2023: 115.2k2024: 111.5k2025: 111.7k2026: 113.1k2027: 114.9k

Source: International Labour Organization.

Analysis

In 2027, output per worker, gdp constant 2021 international $ at ppp in Iceland stood at 114,878.

The figure is up 1.6% on the previous year and up 8.0% over ten years.

Over the whole period, output per worker, gdp constant 2021 international $ at ppp in Iceland peaked at 115,227 in 2023 and was at its lowest, 71,415, in 1995.

Iceland ranks 30th of 188 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 37 years of available data.

Output per worker, GDP constant 2021 international $ at PPP in Iceland, year by year

Annual values for Output per worker, GDP constant 2021 international $ at PPP (ILO modelled estimates) in Iceland, 1991 to 2027.
Year Value Change
1991 74,243
1992 71,620 -3.5%
1993 72,923 +1.8%
1994 74,549 +2.2%
1995 71,415 -4.2%
1996 74,028 +3.7%
1997 78,377 +5.9%
1998 80,771 +3.1%
1999 80,698 -0.1%
2000 81,534 +1.0%
2001 83,608 +2.5%
2002 85,276 +2.0%
2003 86,563 +1.5%
2004 93,281 +7.8%
2005 96,170 +3.1%
2006 97,996 +1.9%
2007 102,089 +4.2%
2008 103,873 +1.7%
2009 102,117 -1.7%
2010 99,967 -2.1%
2011 101,469 +1.5%
2012 100,601 -0.9%
2013 102,502 +1.9%
2014 100,926 -1.5%
2015 102,034 +1.1%
2016 104,457 +2.4%
2017 106,340 +1.8%
2018 109,345 +2.8%
2019 109,855 +0.5%
2020 105,816 -3.7%
2021 110,212 +4.2%
2022 112,800 +2.3%
2023 115,227 +2.2%
2024 111,506 -3.2%
2025 111,749 +0.2%
2026 113,072 +1.2%
2027 114,878 +1.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 75,403 71,415 80,771 9
2000s 93,251 81,534 103,873 10
2010s 103,750 99,967 109,855 10
2020s 111,908 105,816 115,227 8

Countries ranked near Iceland

  1. 27 New Caledonia 119,880 compare
  2. 28 Canada 118,771 compare
  3. 29 Spain 117,831 compare
  4. 31 Israel 114,847 compare
  5. 32 United States Virgin Islands 114,826 compare
  6. 33 United Kingdom of Great Britain and Northern Ireland 111,361 compare

See the full ranking of 276 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is output per worker, gdp constant 2021 international $ at ppp in Iceland?
Output per worker, gdp constant 2021 international $ at ppp in Iceland was 114,878 in 2027, according to International Labour Organization.
What is the highest output per worker, gdp constant 2021 international $ at ppp recorded in Iceland?
The highest recorded value was 115,227 in 2023.
What is the lowest output per worker, gdp constant 2021 international $ at ppp recorded in Iceland?
The lowest recorded value was 71,415 in 1995.
How does Iceland rank for output per worker, gdp constant 2021 international $ at ppp?
Iceland ranks 30th out of 188 countries with data for 2027.
Is output per worker, gdp constant 2021 international $ at ppp rising or falling in Iceland?
Over the last ten years it is up 8.0%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from International Labour Organization, published as part of Output per worker, GDP constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.

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Output per worker, GDP constant 2021 international $ at PPP in Iceland. Statizoid, drawing on International Labour Organization. Retrieved 03 September 2026, from https://labour.statizoid.com/stat/output-per-worker-gdp-constant-2021-international-at-ppp-ilo-modelled-estimates/iceland/

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About this data

Indicator
Output per worker, GDP constant 2021 international $ at PPP (ILO modelled estimates)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 10,188 data points, 1991–2027
Last refreshed

This measure of labour productivity is calculated using data on GDP (in constant 2021 international dollars at PPP) derived from the World Development Indicators database of the World Bank. To compute labour productivity as GDP per worker, ILO estimates for total employment are used. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.