Brunei Darussalam is the fastest growing economy with growth rate of 0.10%, followed by Taiwan (0.05%). GDP per capita of Macao SAR, Iceland and Australia are projected to decline in 2020. 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 is gross domestic product divided by midyear population. Since the country only has 343,400 people, that translates to a wealthy $71,311 gross domestic product per capita. note: data are in 2017 dollars country comparison to the world (CIA rank, may be based on non-current data): 25 [see also: GDP - per capita country ranks] Gross national saving: This rating is discerned from the examination of GDP per capita, social support, life expectancy, freedom to make life choices, generosity, and perceived corruption. After a … Iceland and Qatar will down by above $10k. Tourism accounted for 8.6% of Iceland’s GDP in 2016, and 39% of total exports of merchandise and services. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. From 2010 to 2017, the number of tourists visiting Iceland increased by nearly 400%. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. 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. Related. Projected growth rate: % Debt. Organisation for Economic. Lebanon (-50), Libya (-34), and Macao SAR (-20) would lose most in the ranking. Iceland’s economic freedom score is 77.1, making its economy the 13th freest in the 2020 Index. Graph and download revisions to economic data for from 1960 to 2019 about Iceland, per capita, real, and GDP. General government debt, % of GDP, 2013 Household debt: ... Dec-2020 Iceland % per annum: Total % per annum May-2019-Dec-2020 Iceland (red) Total % per annum Dec-2020 Iceland (red) Net pension replacement rates Indicator: 69.8 Men Iceland gni per capita for 2017 was $60,530, a 9.76% increase from 2016. 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).. Graph and download economic data for Constant GDP per capita for Iceland (NYGDPPCAPKDISL) from 1960 to 2019 about Iceland, per capita, real, and GDP. INTRODUCTION. Iceland gni per capita for 2018 was $67,890, a 12.16% increase from 2017. 60 342 US$ per capita. The statistic shows gross domestic product (GDP) per capita in Iceland from 1985 to 2018, with projections up until 2025. GDP per capita based on purchasing power parity (PPP). $51,700 (2016 est.) Use this code to embed the visualisation into your website. $48,900 (2015 est.) There would be 12 economies that would have per capita gdp above $50,000. 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. This rate is 99 -tenths of one percent higher than the figure of -7.3% published in the second quarter of 2020. 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 is an island nation strategically located in the North Atlantic Ocean, between Europe and North America on the Mid-Atlantic Ridge. 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