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Iceland GDP Data: Value, Growth Rate, Per Capita and Structure

Iceland GDP Indicators

Indicator Data Period
GDP Value 25.46 USD Billion 2021
GDP Annual Growth Rate 6.1 % 2Q/22
GDP Growth Rate 3.9 % 2Q/22
GDP per capita 54292 USD 2021
GDP Constant Prices 716216 ISK Million | 5.03 B USD 2Q/22
GDP per capita PPP 53463 USD 2021


Latest data on GDP Value (USD Billion)

GDP Value
                     Iceland - Historical Data (USD Billion)

What is Iceland GDP Value?

  • The volume of Gross Domestic Product in Iceland increased to 25.46 USD Billion in 2021. 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
25.46 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
17.18 2014 31.12.2014


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 (%)

GDP Annual Growth Rate
                     Iceland - Historical Data (%)

What is annual GDP growth rate in Iceland?

  • GDP Annual Growth Rate in Iceland increased by 6.1 % in the second quarter of 2022. The maximum growth was 13.4 % and minimum was -10.1 %
  • Data published Quarterly by Statistics.

Historical Data (%) by years

Data
Period
Date
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
7.3 2Q/21 31.08.2021
-1.7 1Q/21 31.05.2021
-5.1 4Q/20 26.02.2021
-10.4 3Q/20 30.11.2020


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 (%)

GDP Growth Rate
                     Iceland - Historical Data (%)

What is Iceland GDP Growth Rate 2022?

  • GDP Growth Rate in Iceland increased by 3.9 % in the second quarter of 2022 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
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
4.2 2Q/21 31.08.2021
-5.2 1Q/21 31.05.2021
4.8 4Q/20 26.02.2021
2.6 3Q/20 30.11.2020


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)

GDP per capita
                     Iceland - Historical Data (USD)

What is Iceland GDP per capita?

  • GDP per capita in Iceland increased to 54292 USD in 2021. 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
54292 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
44477.941 2014 31.12.2014


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)

GDP Constant Prices
                     Iceland - Historical Data (ISK Million)

What is Iceland GDP in Constant Prices?

  • Real GDP (Constant Prices) in Iceland increased to 716216 ISK Million (5.03 B USD) in the second quarter of 2022. 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
716216 2Q/22 03.09.2022
689605 1Q/22 04.06.2022
682061 4Q/21 28.02.2022
652151 3Q/21 18.01.2022
666996 2Q/21 31.08.2021
629975 1Q/21 05.06.2021
664598 4Q/20 26.02.2021
618087 3Q/20 05.12.2020


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)

GDP per capita PPP
                     Iceland - Historical Data (USD)

What is Iceland GDP per capita by purchasing power parity?

  • GDP per capita PPP (purchasing power parity) in Iceland increased to 53463 USD in 2021. 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
53463 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 2021 19.004 B USD 18.348

GDP Value in other countries

Country Updated Actual Previous
Austria 2021 477 B USD 433
Ireland 2021 499 B USD 426
Luxembourg 2021 86.71 B USD 73.35
Spain 2021 1425 B USD 1281
Iceland 2021 25.46 B USD 21.72
Norway 2021 482 B USD 362
Belarus 2021 68.22 B USD 61.49
Belgium 2021 600 B USD 522
Bulgaria 2021 80.27 B USD 69.89
Croatia 2021 67.84 B USD 57.2
Cyprus 2021 27.72 B USD 24.69
Czech Republic 2021 282 B USD 245
Denmark 2021 397 B USD 356
Estonia 2021 36.26 B USD 30.65
Euro Area 2021 14493 B USD 13027
European Union 2021 17089 B USD 15300
Finland 2021 299 B USD 272
France 2021 2937 B USD 2630
Germany 2021 4223 B USD 3846
Greece 2021 216 B USD 189
Hungary 2021 182 B USD 157
Italy 2021 2100 B USD 1893
Latvia 2021 38.87 B USD 33.65
Lithuania 2021 65.5 B USD 56.55
Macedonia 2021 13.88 B USD 12.12
Malta 2021 17.19 B USD 14.92
Moldova 2021 13.68 B USD 11.86
Montenegro 2021 5.81 B USD 4.78
Netherlands 2021 1018 B USD 914
Poland 2021 674 B USD 597
Portugal 2021 250 B USD 229
Romania 2021 284 B USD 250
Russia 2021 1776 B USD 1488
Serbia 2021 63.07 B USD 53.34
Slovakia 2021 115 B USD 105
Slovenia 2021 61.53 B USD 53.59
Sweden 2021 627 B USD 541
Switzerland 2021 813 B USD 752
Turkey 2021 815 B USD 720
Ukraine 2021 200 B USD 157
United Kingdom 2021 3187 B USD 2757
Monaco 2020 6.82 B USD 7.38
Liechtenstein 2016 6.21 B USD 6.27
Albania 2021 18.26 B USD 15.13
Bosnia and Herzegovina 2021 22.57 B USD 19.96
Kosovo 2021 9.01 B USD 7.72