Spending by international visitors while visiting a country … capita in Iceland

Iceland: Spending by international visitors while visiting a country … capita was 8,341 current US$ per person in 2024. ◆ Volatile

Latest (2024)
8,341 current US$ per person
Change on year
up 2.3%
World rank
15th
of 194 countries
All-time high
8,341 current US$ per person
in 2024
All-time low
1,155 current US$ per person
in 1995
Years of data
19
1995–2024

Spending by international visitors while visiting a country, per in Iceland, 1995–2024

2.0k4.0k6.0k8.0k1995200920241995: 1.2k current US$ per person1996: 1.2k current US$ per person1997: 1.2k current US$ per person1998: 1.4k current US$ per person1999: 1.4k current US$ per person2000: 1.4k current US$ per person2001: 1.3k current US$ per person2002: 1.4k current US$ per person2003: 1.7k current US$ per person2004: 1.9k current US$ per person2005: 2.1k current US$ per person2006: 2.3k current US$ per person2007: 2.7k current US$ per person2008: 2.8k current US$ per person2020: 1.8k current US$ per person2021: 3.5k current US$ per person2022: 6.5k current US$ per person2023: 8.2k current US$ per person2024: 8.3k current US$ per person

Source: Statizoid (derived). Measured in current US$ per person.

Analysis

Iceland recorded 8,341 current US$ per person for spending by international visitors while visiting a country, per in 2024. That is the highest value across all 19 years on record.

The figure is up 2.3% on the previous year and up 367.6% over five years.

Over the whole period, spending by international visitors while visiting a country, per in Iceland peaked at 8,341 current US$ per person in 2024 and was at its lowest, 1,155 current US$ per person, in 1995.

That places Iceland 15th out of 194 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Spending by international visitors while visiting a country … capita in Iceland, year by year

Annual values for Spending by international visitors while visiting a country, per capita in Iceland, 1995 to 2024.
Year current US$ per person Change
1995 1,155 current US$ per person —
1996 1,160 current US$ per person +0.4%
1997 1,158 current US$ per person -0.2%
1998 1,357 current US$ per person +17.2%
1999 1,370 current US$ per person +0.9%
2000 1,373 current US$ per person +0.2%
2001 1,344 current US$ per person -2.1%
2002 1,443 current US$ per person +7.4%
2003 1,679 current US$ per person +16.3%
2004 1,910 current US$ per person +13.8%
2005 2,140 current US$ per person +12.0%
2006 2,311 current US$ per person +8.0%
2007 2,722 current US$ per person +17.8%
2008 2,776 current US$ per person +2.0%
2020 1,784 current US$ per person -35.7%
2021 3,497 current US$ per person +96.1%
2022 6,460 current US$ per person +84.7%
2023 8,155 current US$ per person +26.2%
2024 8,341 current US$ per person +2.3%

Iceland compared with similar countries

  • Iceland's 8,341 current US$ per person is above the median for high income countries, which is 1,726 current US$ per person, 4.8× the median. (73 countries reporting)
  • Iceland's 8,341 current US$ per person is above the median for Europe & Central Asia, which is 1,028 current US$ per person, 8.1× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Spending by international visitors while visiting a country … capita 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.

YearChange FromTo
2021 +96.1% 1,784 current US$ per person 3,497 current US$ per person
2022 +84.7% 3,497 current US$ per person 6,460 current US$ per person

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,240 current US$ per person 1,155 current US$ per person 1,370 current US$ per person 5
2000s 1,966 current US$ per person 1,344 current US$ per person 2,776 current US$ per person 9
2020s 5,647 current US$ per person 1,784 current US$ per person 8,341 current US$ per person 5

Countries ranked near Iceland

  1. 12 United States Virgin Islands 9,483 current US$ per person compare
  2. 13 Maldives 9,102 current US$ per person compare
  3. 14 Seychelles 8,502 current US$ per person compare
  4. 16 Qatar 8,257 current US$ per person compare
  5. 17 Bermuda 8,143 current US$ per person compare
  6. 18 Saint Lucia 7,706 current US$ per person compare

See the full ranking of 194 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is spending by international visitors while visiting a country, per in Iceland?
Spending by international visitors while visiting a country, per in Iceland was 8,341 current US$ per person in 2024, according to Statizoid (derived).
What is the highest spending by international visitors while visiting a country, per recorded in Iceland?
The highest recorded value was 8,341 current US$ per person in 2024.
What is the lowest spending by international visitors while visiting a country, per recorded in Iceland?
The lowest recorded value was 1,155 current US$ per person in 1995.
How does Iceland rank for spending by international visitors while visiting a country, per?
Iceland ranks 15th out of 194 countries with data for 2024.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of Spending by international visitors while visiting a country, per capita. Statizoid updates them automatically from the source API.

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Spending by international visitors while visiting a country, per in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 10 October 2026, from https://reference.statizoid.com/stat/spending-by-international-visitors-while-visiting-a-country-per-capita/iceland/

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<a href="https://reference.statizoid.com/stat/spending-by-international-visitors-while-visiting-a-country-per-capita/iceland/">Spending by international visitors while visiting a country, per in Iceland</a> — Statizoid

How this figure is calculated

Spending by international visitors while visiting a country divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Spending by international visitors while visiting a country ÷ Population, total

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Spending by international visitors while visiting a country, per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 4,413 data points, 1995–2024
Last refreshed

Spending by international visitors while visiting a country divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.