GDP per capita is often considered an indicator of a country's standard of living; however ... (2020 estimates) World Bank (2019) United Nations (2019) ... 67,989 5 United States: 63,051 6 Singapore: 58,484 7 Denmark: 58,439 8 Iceland: 57,189 9 GDP per capita PPP in Iceland is expected to reach 52900.00 USD by the end of 2020, according to Trading Economics global macro models and analysts expectations. ... All suggestions for corrections of any errors about Iceland Economy 2020 should be addressed to the CIA or the source cited on each page. I hope you find the information useful. In 2019, real GDP per capita for Iceland was 51,332 US dollars. Iceland ranks at number 4 in the World Happiness Report in 2018, with a rating of 7.495. From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. Highest synchronization of national recessions since 1870. GDP is the total value of … Iceland Posts Trade Surplus for 1st Time in Near 2 Years, Iceland Inflation Rate Rises to 3.6% in December, Iceland Jobless Rate Climbs to Highest Since 2012, Iceland October Producer Inflation Lowest in 4 Months, Iceland Current Account Surplus Shrinks in Q3, Moody’s Changes Iceland’s Outlook to Positive, WTI Crude Prices Drop 1.9%, Book Weekly Loss, US Stocks Book Weekly Gain, Nasdaq Lands Fresh High, European Stocks Drop for 2nd Session on Friday, South African Stocks Edge Lower but Post Weekly Gain, US Crude Inventories Jump for 1st Time in 6 Weeks, Slovakia Current Account Deficit at EUR 106.5M. The gross domestic product (GDP) per capita figures on this page are derived from PPP calculations. Here you will find an updated list and a map with all the countries by GDP per capita according to the most recent data from the International Monetary Fund (2020).. In 2008, the GDP per capita of Tallinn stood at 172% of the Estonian average, [231] which makes the per capita GDP of Tallinn as high as 115% of the European Union average, exceeding the average levels of other counties. How Does GDP Per Capita Work? That dollar amount reflects a 22.1 percent increase from an average $28,043 in 2009 when the Great Recession gained traction. Among top 50 economies having highest gdp per capita, only economies will experience a positive growth rate in 2020. Publish your articles and forecasts in our website. $51,700 (2016 est.) Iceland gni per capita for 2018 was $67,890, a 12.16% increase from 2017. Quality of Life in Iceland. Download historical data for 20 million indicators using your browser. Graph and download economic data for Constant GDP per capita for Iceland (NYGDPPCAPKDISL) from 1960 to 2019 about Iceland, per capita, real, and GDP. That's much higher than the $59,958 GDP … Calculated based on the top 100 wealthiest countries in terms of Gross Domestic Product (GDP) per capita at October 2020, the average GDP per capita for these competing economies was US$34,238 per country. This rating is discerned from the examination of GDP per capita, social support, life expectancy, freedom to make life choices, generosity, and perceived corruption. In 2019, GDP per capita based on PPP for Iceland was 60,061 international dollars. Use this code to embed the visualisation into your website. In the long-term, the Iceland GDP per capita is projected to trend around 51000.00 USD in 2021 and 52000.00 USD in 2022, according to our econometric models. 1. 60 342 US$ per capita. Science performance (PISA), Mean score, 2018, Air and GHG emissions, Carbon dioxide (CO2), latest available year, Gross domestic product (GDP), US dollars/capita, 2019. Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Iceland 2005 International Dollars per Person, Annual, Not Seasonally Adjusted 1950 to 2010 (2012-09-17) The statistic shows gross domestic product (GDP) per capita in Iceland from 1985 to 2018, with projections up until 2025. Note: For multi-year episodes, the cumulative contraction is shown. In the long-term, the Iceland GDP per capita PPP is projected to trend around 53700.00 USD in 2021 and 54690.00 USD in 2022, according to our econometric models. Direct access to our calendar releases and historical data. GDP per capita is gross domestic product divided by midyear population. Once you do the math, the wealth is spread among fewer people, which raises a country's GDP. Organisation for Economic. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. Lebanon (-50), Libya (-34), and Macao SAR (-20) would lose most in the ranking. GDP per capita based on purchasing power parity (PPP). Find all indicators on Innovation and Technology. 1990-2019 Data | 2020-2021 Forecast | Historical | Chart. Gross domestic product (GDP), US dollars/capita, 2019. France’s GDP per capita is $42,877.56, the 19th highest in the world, and GDP (PPP) is … GDP per capita is gross domestic product divided by midyear population. Per capita GDP is a metric that breaks down a country's GDP per person and is calculated by dividing the GDP of a country by its population. Iceland and Qatar will down by above $10k. GDP per capita in Iceland is expected to reach 49000.00 USD by the end of 2020, according to Trading Economics global macro models and analysts expectations. This rating is discerned from the examination of GDP per capita, social support, life expectancy, freedom to make life choices, generosity, and perceived corruption. The statistic shows gross domestic product (GDP) per capita in Iceland from 1985 to 2018, with projections up until 2025. Real GDP per capita of Iceland increased from 16,240 US dollars in 1970 to 51,332 US dollars in 2019 growing at an average annual rate of 2.43%. From 2010 to 2017, the number of tourists visiting Iceland increased by nearly 400%. With a high concentration of wealthy cities and towns just to the west of Boston, in the MetroWestarea, and along the northern and southern coastal regions that have easy access to the city, in particula… How Much Are Movie Tickets Around The World? Data for 2020 are forecasts. There would be 12 economies that would have per capita gdp above $50,000. Try our corporate solution for free! Projected growth rate: % Debt. 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. 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