Human capital per capita in Iceland
Iceland: Human capital per capita was 586,976 real chained 2019 US$ in 2020. ▲ Rising
Human capital per capita in Iceland, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
The most recent figure for human capital per capita in Iceland is 586,976 real chained 2019 US$, measured in 2020. That is the highest value across all 26 years on record.
That represents a change of up 1.2% on the previous year and up 19.3% over ten years.
Over the whole period, human capital per capita in Iceland peaked at 586,976 real chained 2019 US$ in 2020 and was at its lowest, 443,330 real chained 2019 US$, in 1995.
Iceland ranks 3rd of 151 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Human capital per capita in Iceland, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 443,330 real chained 2019 US$ | — |
| 1996 | 449,008 real chained 2019 US$ | +1.3% |
| 1997 | 447,834 real chained 2019 US$ | -0.3% |
| 1998 | 464,031 real chained 2019 US$ | +3.6% |
| 1999 | 479,713 real chained 2019 US$ | +3.4% |
| 2000 | 491,970 real chained 2019 US$ | +2.6% |
| 2001 | 495,429 real chained 2019 US$ | +0.7% |
| 2002 | 487,833 real chained 2019 US$ | -1.5% |
| 2003 | 491,106 real chained 2019 US$ | +0.7% |
| 2004 | 490,422 real chained 2019 US$ | -0.1% |
| 2005 | 500,225 real chained 2019 US$ | +2.0% |
| 2006 | 513,490 real chained 2019 US$ | +2.7% |
| 2007 | 525,194 real chained 2019 US$ | +2.3% |
| 2008 | 521,825 real chained 2019 US$ | -0.6% |
| 2009 | 490,438 real chained 2019 US$ | -6.0% |
| 2010 | 491,900 real chained 2019 US$ | +0.3% |
| 2011 | 494,567 real chained 2019 US$ | +0.5% |
| 2012 | 505,259 real chained 2019 US$ | +2.2% |
| 2013 | 518,207 real chained 2019 US$ | +2.6% |
| 2014 | 535,806 real chained 2019 US$ | +3.4% |
| 2015 | 552,953 real chained 2019 US$ | +3.2% |
| 2016 | 572,238 real chained 2019 US$ | +3.5% |
| 2017 | 575,408 real chained 2019 US$ | +0.6% |
| 2018 | 576,497 real chained 2019 US$ | +0.2% |
| 2019 | 580,181 real chained 2019 US$ | +0.6% |
| 2020 | 586,976 real chained 2019 US$ | +1.2% |
Iceland compared with similar countries
- Iceland's 586,976 real chained 2019 US$ is above the median for high income countries, which is 174,393 real chained 2019 US$, 3.4× the median. (51 countries reporting)
- Iceland's 586,976 real chained 2019 US$ is above the median for Europe & Central Asia, which is 95,696 real chained 2019 US$, 6.1× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 456,783 real chained 2019 US$ | 443,330 real chained 2019 US$ | 479,713 real chained 2019 US$ | 5 |
| 2000s | 500,793 real chained 2019 US$ | 487,833 real chained 2019 US$ | 525,194 real chained 2019 US$ | 10 |
| 2010s | 540,302 real chained 2019 US$ | 491,900 real chained 2019 US$ | 580,181 real chained 2019 US$ | 10 |
| 2020s | 586,976 real chained 2019 US$ | 586,976 real chained 2019 US$ | 586,976 real chained 2019 US$ | 1 |
Countries ranked near Iceland
- 1 Switzerland 735,422 real chained 2019 US$ compare
- 2 Luxembourg 646,928 real chained 2019 US$ compare
- 4 United States 503,350 real chained 2019 US$ compare
- 5 Norway 500,361 real chained 2019 US$ compare
- 6 Denmark 485,658 real chained 2019 US$ compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is human capital per capita in Iceland?
- Human capital per capita in Iceland was 586,976 real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest human capital per capita recorded in Iceland?
- The highest recorded value was 586,976 real chained 2019 US$ in 2020.
- What is the lowest human capital per capita recorded in Iceland?
- The lowest recorded value was 443,330 real chained 2019 US$ in 1995.
- How does Iceland rank for human capital per capita?
- Iceland ranks 3rd out of 151 countries with data for 2020.
- Is human capital per capita rising or falling in Iceland?
- Over the last ten years it is up 19.3%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Human capital per capita (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.