Human capital in Iceland
Iceland: Human capital was 215.10 billion real chained 2019 US$ in 2020. ▲ Rising
Latest (2020)
215.10 billion real chained 2019 US$
Change on year
up 2.8%
World rank
84th
of 151 countries
All-time high
215.10 billion real chained 2019 US$
in 2020
All-time low
118.58 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020
Human capital 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$.
Analysis
The most recent figure for human capital in Iceland is 215.10 billion real chained 2019 US$, measured in 2020. That is the highest value across all 26 years on record.
The figure is up 2.8% on the previous year and up 37.5% over ten years.
Over the whole period, human capital in Iceland peaked at 215.10 billion real chained 2019 US$ in 2020 and was at its lowest, 118.58 billion real chained 2019 US$, in 1995.
Iceland ranks 84th of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Human capital in Iceland, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 118.58 billion real chained 2019 US$ | — |
| 1996 | 120.75 billion real chained 2019 US$ | +1.8% |
| 1997 | 121.42 billion real chained 2019 US$ | +0.6% |
| 1998 | 127.17 billion real chained 2019 US$ | +4.7% |
| 1999 | 133.06 billion real chained 2019 US$ | +4.6% |
| 2000 | 138.34 billion real chained 2019 US$ | +4.0% |
| 2001 | 141.18 billion real chained 2019 US$ | +2.1% |
| 2002 | 140.26 billion real chained 2019 US$ | -0.7% |
| 2003 | 142.19 billion real chained 2019 US$ | +1.4% |
| 2004 | 143.24 billion real chained 2019 US$ | +0.7% |
| 2005 | 148.43 billion real chained 2019 US$ | +3.6% |
| 2006 | 155.99 billion real chained 2019 US$ | +5.1% |
| 2007 | 163.63 billion real chained 2019 US$ | +4.9% |
| 2008 | 165.63 billion real chained 2019 US$ | +1.2% |
| 2009 | 156.20 billion real chained 2019 US$ | -5.7% |
| 2010 | 156.44 billion real chained 2019 US$ | +0.2% |
| 2011 | 157.77 billion real chained 2019 US$ | +0.9% |
| 2012 | 162.04 billion real chained 2019 US$ | +2.7% |
| 2013 | 167.78 billion real chained 2019 US$ | +3.5% |
| 2014 | 175.41 billion real chained 2019 US$ | +4.6% |
| 2015 | 182.93 billion real chained 2019 US$ | +4.3% |
| 2016 | 191.95 billion real chained 2019 US$ | +4.9% |
| 2017 | 197.59 billion real chained 2019 US$ | +2.9% |
| 2018 | 203.34 billion real chained 2019 US$ | +2.9% |
| 2019 | 209.19 billion real chained 2019 US$ | +2.9% |
| 2020 | 215.10 billion real chained 2019 US$ | +2.8% |
Iceland compared with similar countries
- Iceland's 215.10 billion real chained 2019 US$ is below the median for high income countries, which is 1.56 trillion real chained 2019 US$, 14% of the median. (51 countries reporting)
- Iceland's 215.10 billion real chained 2019 US$ is below the median for Europe & Central Asia, which is 652.62 billion real chained 2019 US$, 33% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 124.19 billion real chained 2019 US$ | 118.58 billion real chained 2019 US$ | 133.06 billion real chained 2019 US$ | 5 |
| 2000s | 149.51 billion real chained 2019 US$ | 138.34 billion real chained 2019 US$ | 165.63 billion real chained 2019 US$ | 10 |
| 2010s | 180.45 billion real chained 2019 US$ | 156.44 billion real chained 2019 US$ | 209.19 billion real chained 2019 US$ | 10 |
| 2020s | 215.10 billion real chained 2019 US$ | 215.10 billion real chained 2019 US$ | 215.10 billion real chained 2019 US$ | 1 |
Countries ranked near Iceland
- 81 Bolivia 279.33 billion real chained 2019 US$ compare
- 82 Bulgaria 258.52 billion real chained 2019 US$ compare
- 83 Paraguay 250.49 billion real chained 2019 US$ compare
- 85 Estonia 186.48 billion real chained 2019 US$ compare
- 86 Lebanon 182.53 billion real chained 2019 US$ compare
- 87 Latvia 181.87 billion 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 in Iceland?
- Human capital in Iceland was 215.10 billion 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 recorded in Iceland?
- The highest recorded value was 215.10 billion real chained 2019 US$ in 2020.
- What is the lowest human capital recorded in Iceland?
- The lowest recorded value was 118.58 billion real chained 2019 US$ in 1995.
- How does Iceland rank for human capital?
- Iceland ranks 84th out of 151 countries with data for 2020.
- Is human capital rising or falling in Iceland?
- Over the last ten years it is up 37.5%. 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 (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.