National comprehensive wealth index in Iceland
Iceland: National comprehensive wealth index was 378.34 billion real chained 2019 US$ in 2020. ▲ Rising
National comprehensive wealth index 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$.
Analysis
The most recent figure for national comprehensive wealth index in Iceland is 378.34 billion real chained 2019 US$, measured in 2020. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 99.9% over ten years.
Over the whole period, national comprehensive wealth index in Iceland peaked at 378.34 billion real chained 2019 US$ in 2020 and was at its lowest, 181.56 billion real chained 2019 US$, in 2008.
That places Iceland 83rd out of 150 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
National comprehensive wealth index in Iceland, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 211.57 billion real chained 2019 US$ | — |
| 1996 | 216.92 billion real chained 2019 US$ | +2.5% |
| 1997 | 221.19 billion real chained 2019 US$ | +2.0% |
| 1998 | 229.53 billion real chained 2019 US$ | +3.8% |
| 1999 | 239.44 billion real chained 2019 US$ | +4.3% |
| 2000 | 246.86 billion real chained 2019 US$ | +3.1% |
| 2001 | 252.94 billion real chained 2019 US$ | +2.5% |
| 2002 | 252.89 billion real chained 2019 US$ | -0.0% |
| 2003 | 254.49 billion real chained 2019 US$ | +0.6% |
| 2004 | 250.02 billion real chained 2019 US$ | -1.8% |
| 2005 | 240.87 billion real chained 2019 US$ | -3.7% |
| 2006 | 236.95 billion real chained 2019 US$ | -1.6% |
| 2007 | 210.59 billion real chained 2019 US$ | -11.1% |
| 2008 | 181.56 billion real chained 2019 US$ | -13.8% |
| 2009 | 186.12 billion real chained 2019 US$ | +2.5% |
| 2010 | 189.25 billion real chained 2019 US$ | +1.7% |
| 2011 | 205.12 billion real chained 2019 US$ | +8.4% |
| 2012 | 226.19 billion real chained 2019 US$ | +10.3% |
| 2013 | 232.30 billion real chained 2019 US$ | +2.7% |
| 2014 | 245.70 billion real chained 2019 US$ | +5.8% |
| 2015 | 321.50 billion real chained 2019 US$ | +30.9% |
| 2016 | 334.04 billion real chained 2019 US$ | +3.9% |
| 2017 | 344.31 billion real chained 2019 US$ | +3.1% |
| 2018 | 355.99 billion real chained 2019 US$ | +3.4% |
| 2019 | 367.42 billion real chained 2019 US$ | +3.2% |
| 2020 | 378.34 billion real chained 2019 US$ | +3.0% |
Iceland compared with similar countries
- Iceland's 378.34 billion real chained 2019 US$ is below the median for high income countries, which is 2.84 trillion real chained 2019 US$, 13% of the median. (51 countries reporting)
- Iceland's 378.34 billion real chained 2019 US$ is below the median for Europe & Central Asia, which is 1.10 trillion real chained 2019 US$, 34% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where National comprehensive wealth index in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +30.9% | 245.70 billion real chained 2019 US$ | 321.50 billion real chained 2019 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 223.73 billion real chained 2019 US$ | 211.57 billion real chained 2019 US$ | 239.44 billion real chained 2019 US$ | 5 |
| 2000s | 231.33 billion real chained 2019 US$ | 181.56 billion real chained 2019 US$ | 254.49 billion real chained 2019 US$ | 10 |
| 2010s | 282.18 billion real chained 2019 US$ | 189.25 billion real chained 2019 US$ | 367.42 billion real chained 2019 US$ | 10 |
| 2020s | 378.34 billion real chained 2019 US$ | 378.34 billion real chained 2019 US$ | 378.34 billion real chained 2019 US$ | 1 |
Countries ranked near Iceland
- 80 Paraguay 397.68 billion real chained 2019 US$ compare
- 81 Sri Lanka 388.25 billion real chained 2019 US$ compare
- 82 Sudan 382.37 billion real chained 2019 US$ compare
- 84 Nepal 375.32 billion real chained 2019 US$ compare
- 85 Bulgaria 366.89 billion real chained 2019 US$ compare
- 86 Zambia 353.80 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 national comprehensive wealth index in Iceland?
- National comprehensive wealth index in Iceland was 378.34 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 national comprehensive wealth index recorded in Iceland?
- The highest recorded value was 378.34 billion real chained 2019 US$ in 2020.
- What is the lowest national comprehensive wealth index recorded in Iceland?
- The lowest recorded value was 181.56 billion real chained 2019 US$ in 2008.
- How does Iceland rank for national comprehensive wealth index?
- Iceland ranks 83rd out of 150 countries with data for 2020.
- Is national comprehensive wealth index rising or falling in Iceland?
- Over the last ten years it is up 99.9%. 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 National comprehensive wealth index (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
Total wealth is calculated as the sum of produced capital, natural capital, human capital, and net foreign assets. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.