Iceland GDP Data: Value, Growth Rate, Per Capita and Structure
Iceland GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 27.84 USD Billion | 2022 |
| GDP Annual Growth Rate | 4.5 % | 2Q/23 |
| GDP Growth Rate | 2.2 % | 2Q/23 |
| GDP per capita | 55887 USD | 2022 |
| GDP Constant Prices | 751287 ISK Million | 5.448 B USD | 2Q/23 |
| GDP per capita PPP | 55033 USD | 2022 |
Latest data on GDP Value (USD Billion)
What is Iceland GDP Value?
- The volume of Gross Domestic Product in Iceland increased to 27.84 USD Billion in 2022. The maximum volume was 26.22 USD Billion and minimum was 0.25 USD Billion.
- Data published Yearly by World Bank.
Historical Data (USD Billion) by years
Data
Period
Date
| 27.84 | 2022 | 30.06.2023 |
| 25.6 | 2021 | 06.07.2022 |
| 21.71 | 2020 | 02.07.2021 |
| 24.19 | 2019 | 06.03.2020 |
| 25.88 | 2018 | 04.07.2019 |
| 23.91 | 2017 | 07.07.2018 |
| 20 | 2016 | 19.06.2018 |
| 16.78 | 2015 | 31.12.2015 |
Historical Chart by presidents (USD Billion)
GDP Value in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Gudni Thorlacius Johannesson | 01.08.2016 - | 20.0500 | 20.0000 | 20.0500 | 20.0000 | -0.25% |
Latest data on GDP Annual Growth Rate (%)
What is annual GDP growth rate in Iceland?
- GDP Annual Growth Rate in Iceland increased by 4.5 % in the second quarter of 2023. The maximum growth was 13.4 % and minimum was -10.1 %
- Data published Quarterly by Statistics.
Historical Data (%) by years
Data
Period
Date
| 4.5 | 2Q/23 | 31.08.2023 |
| 7 | 1Q/23 | 31.05.2023 |
| 3.1 | 4Q/22 | 28.02.2023 |
| 7.3 | 3Q/22 | 30.11.2022 |
| 6.1 | 2Q/22 | 31.08.2022 |
| 8.6 | 1Q/22 | 31.05.2022 |
| 4.4 | 4Q/21 | 28.02.2022 |
| 6 | 3Q/21 | 18.01.2022 |
Historical Chart by YoY presidents (%)
GDP Annual Growth Rate in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Gudni Thorlacius Johannesson | 01.08.2016 - | 5.4000 | 5.4000 | 5.4000 | 5.4000 | 0.00% |
Latest data on GDP Growth Rate (%)
What is Iceland GDP Growth Rate 2025?
- GDP Growth Rate in Iceland increased by 2.2 % in the second quarter of 2023 over the previous quarter. The maximum growth rate was 11.1 % and minimum was -10.8 %.
- Data published Quarterly by Statistics.
Historical Data (%) by years
Data
Period
Date
| 2.2 | 2Q/23 | 31.08.2023 |
| 0.3 | 1Q/23 | 31.05.2023 |
| 2.2 | 4Q/22 | 28.02.2023 |
| -0.5 | 3Q/22 | 30.11.2022 |
| 3.9 | 2Q/22 | 31.08.2022 |
| 1.1 | 1Q/22 | 31.05.2022 |
| 2.2 | 4Q/21 | 28.02.2022 |
| -2.3 | 3Q/21 | 18.01.2022 |
Historical Chart by QoQ presidents (%)
GDP Growth Rate in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Gudni Thorlacius Johannesson | 01.08.2016 - | -2.6000 | -2.6000 | -2.6000 | -2.6000 | 0.00% |
Latest data on GDP per capita (USD)
What is Iceland GDP per capita?
- GDP per capita in Iceland increased to 55887 USD in 2022. The maximum level was 51852 USD and minimum was 11466 USD.
- Data published Yearly by World Bank.
Historical Data (USD) by years
Data
Period
Date
| 55887 | 2022 | 30.06.2023 |
| 54417 | 2021 | 12.07.2022 |
| 53188 | 2020 | 02.07.2021 |
| 51332 | 2019 | 07.07.2020 |
| 52103 | 2018 | 04.07.2019 |
| 49910.012 | 2017 | 07.07.2018 |
| 48613.891 | 2016 | 11.08.2017 |
| 45820.059 | 2015 | 31.12.2015 |
Historical Chart by presidents (USD)
GDP per capita in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Gudni Thorlacius Johannesson | 01.08.2016 - | 48613.8900 | 48613.8900 | 48613.8900 | 48613.8900 | 0.00% |
Latest data on GDP Constant Prices (ISK Million)
What is Iceland GDP in Constant Prices?
- Real GDP (Constant Prices) in Iceland increased to 751287 ISK Million (5.448 B USD) in the second quarter of 2023. The maximum value was 664598 ISK Million and minimum was 178982 ISK Million.
- Data published Quarterly by Statistics.
Historical Data (ISK Million) by years
Data
Period
Date
| 751287 | 2Q/23 | 31.08.2023 |
| 724205 | 1Q/23 | 31.05.2023 |
| 721792 | 4Q/22 | 28.02.2023 |
| 710110 | 3Q/22 | 30.11.2022 |
| 716216 | 2Q/22 | 03.09.2022 |
| 689605 | 1Q/22 | 04.06.2022 |
| 682061 | 4Q/21 | 28.02.2022 |
| 652151 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (ISK Million)
GDP Constant Prices in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on GDP per capita PPP (USD)
What is Iceland GDP per capita by purchasing power parity?
- GDP per capita PPP (purchasing power parity) in Iceland increased to 55033 USD in 2022. The maximum level was 56914 USD and minimum was 32067 USD.
- Data published Yearly by World Bank.
Historical Data (USD) by years
Data
Period
Date
| 55033 | 2022 | 30.06.2023 |
| 53586 | 2021 | 07.07.2022 |
| 52280 | 2020 | 02.07.2021 |
| 55874 | 2019 | 06.07.2020 |
| 48606 | 2018 | 29.10.2019 |
| 46483 | 2017 | 04.07.2019 |
Historical Chart by presidents (USD)
GDP per capita PPP in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other gdp indicators in Iceland
| Index | Updated | Actual | Previous |
| Gross National Product | 2022 | 20.932 B USD | 19.624 |
GDP Value in other countries
| Country | Updated | Actual | Previous |
| Austria | 2022 | 471 B USD | 480 |
| Ireland | 2022 | 529 B USD | 504 |
| Luxembourg | 2022 | 82.27 B USD | 85.51 |
| Spain | 2022 | 1398 B USD | 1427 |
| Iceland | 2022 | 27.84 B USD | 25.55 |
| Norway | 2022 | 579 B USD | 490 |
| Belarus | 2022 | 72.79 B USD | 69.67 |
| Belgium | 2022 | 579 B USD | 594 |
| Bulgaria | 2022 | 89.04 B USD | 84.06 |
| Croatia | 2022 | 70.96 B USD | 68.84 |
| Cyprus | 2022 | 28.44 B USD | 28.41 |
| Czech Republic | 2022 | 291 B USD | 282 |
| Denmark | 2022 | 395 B USD | 398 |
| Estonia | 2022 | 38.1 B USD | 37.19 |
| Euro Area | 2022 | 14041 B USD | 14571 |
| European Union | 2022 | 16641 B USD | 17188 |
| Finland | 2022 | 281 B USD | 296 |
| France | 2022 | 2783 B USD | 2958 |
| Germany | 2022 | 4072 B USD | 4260 |
| Greece | 2022 | 219 B USD | 215 |
| Hungary | 2022 | 179 B USD | 182 |
| Italy | 2022 | 2010 B USD | 2114 |
| Latvia | 2022 | 41.15 B USD | 39.73 |
| Lithuania | 2022 | 70.33 B USD | 66.41 |
| Macedonia | 2022 | 13.56 B USD | 13.83 |
| Malta | 2022 | 17.77 B USD | 17.74 |
| Moldova | 2022 | 14.42 B USD | 13.69 |
| Montenegro | 2022 | 6.1 B USD | 5.86 |
| Netherlands | 2022 | 991 B USD | 1012 |
| Poland | 2022 | 688 B USD | 679 |
| Portugal | 2022 | 252 B USD | 254 |
| Romania | 2022 | 301 B USD | 285 |
| Russia | 2022 | 2240 B USD | 1837 |
| Serbia | 2022 | 63.5 B USD | 63.08 |
| Slovakia | 2022 | 115 B USD | 119 |
| Slovenia | 2022 | 62.12 B USD | 61.75 |
| Sweden | 2022 | 586 B USD | 637 |
| Switzerland | 2022 | 808 B USD | 801 |
| Turkey | 2022 | 906 B USD | 819 |
| Ukraine | 2022 | 160 B USD | 200 |
| United Kingdom | 2022 | 3071 B USD | 3122 |
| Monaco | 2021 | 8.6 B USD | 6.74 |
| Liechtenstein | 2016 | 6.21 B USD | 6.27 |
| Albania | 2022 | 18.88 B USD | 17.93 |
| Bosnia and Herzegovina | 2022 | 24.53 B USD | 23.65 |
| Kosovo | 2022 | 9.43 B USD | 9.41 |
