iceland gdp per capita

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