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12. December 2005

GDP per capita in Iceland ranks #6 worldwide

Iceland moves up two seats on OECD´s list of the world´s richest nations. With a GDP per capita of nearly 33,000 USD Iceland ranks #6 worldwide according to the publication OECD in Figures 2005. The increase in GDP per capita in Iceland was 11% from 2003 to 2004.

Luxembourg had the highest GDP per head in 2004, above the US, Norway and Ireland, and was the only OECD country to exceed $40,000. GDP per head exceeded $30,000 in 14 OECD countries, eight more than in 2003. OECD calculates GDP per capita based on Purchasing Power Parities, eliminating the differences in price levels between countries.



See OECD in Figures 2005

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