iceland gdp per capita

67,857 (US dollars) in 2019 In 2019, GDP per capita for Iceland was 67,857 US dollars. GDP per capita, PPP (current international $), GDP per capita, PPP (constant 2017 international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. Tourism accounted for 8.6% of Iceland’s GDP in 2016, and 39% of total exports of merchandise and services. Iceland has the fifth highest GDP per capita in Europe, according to preliminary estimates from Statistics Iceland and Eurostat. Data are in current U.S. dollars. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). The latest comprehensive information for - Iceland GDP per capita PPP - including latest news, historical data table, charts and more. The description is composed by our digital data assistant. GDP Growth Rate in 2017 was 3.64%, representing a change of 677,594,227 US$ over … Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. Per capita spending: Icelandspent the equivalent of USD 3677 per … CO2 emissions per capita in Iceland are equivalent to 11.81 tons per person (based on a population of 332,206 in 2016), an increase by 0.12 over the figure of 11.69 CO2 tons per person registered in 2015; this represents a change of 1.0% in CO2 emissions per capita. GDP per capita (current US$) The latest value for GDP per capita (current US$) in Iceland was $73,191 as of 2018. Iceland: GDP per capita. The financial crisis of 2007–2010 produced a decline in GDP and employment that has since been reversed entirely by a recovery aided by a tourismboom starting in 2010. GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. Iceland gdp per capita for 2019 was $66,945, a 8.26% decline from 2018. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Current Iceland Real GDP Per Capita is 48,995.17 USD. FRED: Download, graph, and track economic data. Iceland had the 5th highest GDP per capita of the 37 participating European countries. GDP volume per capita, adjusted for purchasing parity, in Iceland was 29% above the EU average in 2016. Iceland : Table - GDP per capita (US $) Since the country only has 343,400 people, that translates to a wealthy $71,311 gross domestic product per capita. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Projected growth rate: % Debt. Gross Domestic Product. From 2010 to 2017, the number of tourists visiting Iceland increased by nearly 400%. World Bank national accounts data, and OECD National Accounts data files. Tourism accounted for more than 10% of Iceland's GDP in 2017. The statistic shows gross domestic product (GDP) per capita in Iceland from 1985 to 2018, with projections up until 2025. To learn more about cookies, click here. The lowest data : 1983 is the lowest year for the indicator : GDP per capita (US $). Iceland gni per capita for 2019 was $72,850, a 7.31% increase from 2018. GDP per capita (current US$) - Iceland. Instead, people will use the 2 services for different conversations. Iceland's three largest banks collapsed in late 2008. GDP per capita is gross domestic product divided by midyear population. Dollars) After suffering the second-sharpest contraction on record in Q2, the economy started to show tentative signs of recovery towards the end of Q3. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. GNI per capita, Atlas method (current US$) Details. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States in the year noted. General government debt, % of GDP, 2013 Household debt: ... Iceland Per 100 inhabitants: Total Per 100 inhabitants Q2-2010-Q4-2019 Iceland (red), OECD - Total (black) Total Per … Iceland from The World Bank: Data. After … Graph and download economic data for Constant GDP per capita for Iceland (NYGDPPCAPKDISL) from 1960 to 2019 about Iceland, per capita, real, and GDP. 60 342 US$ per capita. 1  2  That's much higher than the $59,958 GDP per capita of the United States and Canada's at $45,149. Share of GDP: The share of GDP allocated to health spending (excluding capital expenditure) in Iceland was 8.7% in 2013, compared with an OECD average of 8.9%. In 2011, gross domestic product was US$12 billion, but by 2018 it had increased to a nominal GDP of US$27 billion. 15 economic data series with tags: Iceland, GDP, Per Capita, Annual. Population, total. $ 2,199. Details. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. Consumer confidence shot up in September from August’s near-decade low, while exports rebounded strongly in the same month to their highest value since October 2019. Published by Statista Research Department, Aug 1, 2018 This statistic displays the gross domestic product (GDP) per capita in purchasing power standards (PPS) in … The gross domestic product per capita, or GDP per capita, is a measure of a country's economic output that accounts for its number of people.It divides the country's gross domestic product by … ... GDP (current US$) Details. Please check your download folder. With a population of 350,000, this is $55,000 per capita, based on purchasing power parity (PPP) estimates. World Bank national accounts data, and OECD National Accounts data files. The analysed country is : Iceland. GDP volume per capita (based on PPP's) in Iceland was 30% above the European average in 2017. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. (see Data FAQs) The foreign exposure of Icelandic banks, whose loans and other assets totaled nearly nine times the country's GDP, became unsustainable. 3  4  Iceland - GDP After suffering the second-sharpest contraction on record in Q2, the economy started to show tentative signs of recovery towards the end of Q3. Iceland Real GDP Per Capita chart, historic, and current data. Over the past 58 years, the value for this indicator has fluctuated between $73,191 in 2018 and $1,415 in 1960. Details. Ukraine. Per capita gross domestic product (GDP) is a metric that breaks down a country's economic output per person and is calculated by dividing the GDP of a country by its population. The result is: 11,919 $ US. Signal won't replace WhatsApp, the cofounder of both encrypted messaging apps says. Izland GDP Utolsó Előző Legmagasabb Legalacsonyabb Egység; GDP Növekedési Ráta 2.60-7.30: 11.10-10.80: Százalék Iceland gdp per … Though Iceland GDP per capita fluctuated substantially in recent years, it tended to increase through 2000 - 2019 period ending at 67,857 US dollars in 2019. This was unchanged from 2012 and below the high of 10.1% in 2003. GDP per capita based on PPP of Iceland increased from 28,027 international dollars in 2000 to 58,965 international dollars in 2019 growing at an average annual rate of 4.07%. Find Out, Online tool for visualization and analysis. Moldova. In 2017, Iceland's gross domestic product was $24.49 billion. This list contains projected GDP per capita (Nominal and PPP) of top 50 Countries/Economies in current prices of year 2019 and 2020 by IMF alongside their world rank, compare to world's average, gdp growth rate and gdp. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Below you will find the last recordings for the indicator : GDP per capita (US $). Gross domestic product (GDP), US dollars/capita, 2019. This site uses cookies to optimize functionality and give you the best possible experience. 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. Iceland’s economic freedom score is 77.1, making its economy the 13th freest in the 2020 Index. The economy of Iceland is small and subject to high volatility. The European average includes 37 European countries. $ 1,907. Iceland - GDP per capita (U.S. Read more: Iceland has the second highest quality of life among OECD countries. Statistical Capacity score (Overall average) Details. 58,965 (international dollars) in 2019 In 2019, GDP per capita based on PPP for Iceland was 58,965 international dollars. Country Report 2017 - Includes Iceland real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published. Please check your download folder. GDP is the total value of all goods and services produced in a … , Atlas method ( current US $ ) Details paste to your site: your data is... % above the European average in 2017 possible experience $ 66,945, a 8.26 decline! And track economic data series with tags: Iceland, GDP per capita for 2019 was $,. Of resources across countries $ 72,850, a 8.26 % decline from.! 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