Logo

Iceland  

GDP Iceland 2016

GDP grows 7.2% in Iceland

Gross Domestic Product of Iceland grew 7.2% in 2016 compared to last year . This rate is 31-tenths of one percent higher than the figure of 4.1% published in 2015.

The GDP figure in 2016 was €18,130$20,047 million, Iceland is number 109 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Iceland rose €2,996$3,263 million with respect to 2015.

The GDP per capita of Iceland in 2016 was €53,900$59,629, €8,200$9,156 higher than in 2015, it was €45,700$50,473. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2006 when the GDP per capita in Iceland was €44,800$55,394.

If we order the countries according to their GDP per capita, Iceland is very well positioned in terms of the standard of living of its population, coming 8th out of the 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Iceland. You can see GDP in other countries in GDP and see all the economic information about Iceland in Iceland's economy.

Iceland GDP 2016: Quaterly GDP evolution
DateQuat. GDP Mill.€Quat. GDP Mill.$Quat. GDP Growth (%)Annual Change
< Iceland GDP 2015
2016Q45,281M.€5,698M.$2.6%11.7%
2016Q34,679M.€5,224M.$4.5%8.1%
2016Q24,258M.€4,808M.$2.2%3.8%
2016Q14,001M.€4,409M.$1.9%5.0%
2016 Quaterly GDP Per Capita
DateQu. GDP Per CapitaQuat. ChangeAnnual Change
< Iceland GDP 2015
2016Q415,717€11.7%31.5%
2016Q314,070€9.9%24.0%
2016Q212,805€6.4%13.9%
2016Q112,031€0.7%11.9%
Countries GDP : GDP annual comparison
DateGDP Mill. €GDP Mill.$GDP Growth (%)
201618,130M.€20,047M.$7.2%
201515,134M.€16,784M.$4.1%
201412,953M.€17,179M.$1.9%
201311,647M.€15,479M.$4.4%
201211,065M.€14,219M.$1.2%
201110,541M.€14,675M.$2.0%
201010,009M.€13,255M.$-3.6%
20099,228M.€12,887M.$-6.9%
200810,787M.€17,640M.$1.5%
200715,566M.€21,295M.$9.4%
200613,629M.€17,043M.$5.0%
200513,438M.€16,691M.$6.7%
200411,038M.€13,709M.$8.1%
200310,007M.€11,304M.$2.4%
20029,785M.€9,200M.$0.3%
20019,078M.€8,144M.$3.8%
20009,690M.€8,946M.$4.7%
19998,371M.€8,931M.$4.0%
19987,540M.€8,468M.$6.6%
19976,696M.€7,596M.$7.2%
19965,758M.€7,519M.$4.8%
19955,361M.€7,173M.$0.1%
19945,298M.€6,437M.$3.6%
19935,226M.€6,271M.$1.3%
19925,377M.€7,153M.$-3.4%
19915,501M.€6,993M.$-0.2%
19905,017M.€6,544M.$1.2%
19895,072M.€5,735M.$0.3%
19885,099M.€6,182M.$-0.1%
19874,716M.€5,595M.$8.5%
19863,998M.€4,038M.$6.3%
19853,857M.€3,028M.$3.3%
19843,595M.€2,904M.$4.1%
19833,079M.€2,807M.$-2.2%
19823,246M.€3,270M.$2.2%
19813,095M.€3,558M.$4.3%
19802,400M.€3,447M.$6.0%
19792,048M.€2,877M.$4.9%
19781,936M.€2,532M.$6.0%
19771,905M.€2,227M.$8.8%
19761,472M.€1,683M.$6.0%
19751,119M.€1,418M.$0.6%
19741,528M.$5.7%
19731,164M.$6.8%
1972847M.$6.2%
1971676M.$13.1%
1970531M.$7.5%
1969415M.$2.4%
1968474M.$-5.5%
1967621M.$-1.3%
1966629M.$8.7%
1965524M.$7.3%
1964434M.$9.9%
1963340M.$10.3%
1962285M.$8.3%
1961254M.$-0.1%
1960248M.$
Iceland GDP Annual Per Capita Evolution
DateGDP per capita GDP per capita Annual ChangeAnnual Change
201653,900€59,629$17.9%18.1%
201545,700€50,473$15.4%-3.3%
201439,600€52,200$10.0%9.8%
201336,000€47,530$4.4%7.6%
201234,500€44,177$4.6%-3.8%
201133,000€45,919$4.8%10.3%
201031,500€41,623$9.0%2.6%
200928,900€40,573$-14.5%-26.6%
200833,800€55,235$-32.4%-18.2%
200750,000€67,505$11.6%21.9%
200644,800€55,394$-1.3%-0.5%
200545,400€55,658$20.4%19.2%
200437,700€46,696$9.0%20.0%
200334,600€38,903$1.8%22.0%
200234,000€31,891$6.9%12.2%
200131,800€28,420$-7.8%-10.0%
200034,500€31,571$14.2%-1.4%
199930,200€32,006$9.8%4.2%
199827,500€30,714$11.3%10.1%
199724,700€27,888$15.4%0.1%
199621,400€27,860$7.0%4.1%
199520,000€26,769$0.5%11.0%
199419,900€24,111$0.5%1.9%
199319,800€23,657$-3.9%-13.2%
199220,600€27,261$-3.3%1.3%
199121,300€26,924$8.1%5.3%
199019,700€25,577$-2.0%13.2%
198920,100€22,598$-1.5%-7.9%
198820,400€24,538$6.3%8.6%
198719,200€22,598$17.1%36.7%
198616,400€16,537$2.5%32.3%
198516,000€12,502$6.7%3.6%
198415,000€12,071$15.4%2.5%
198313,000€11,776$-6.5%-15.2%
198213,900€13,884$3.7%-9.4%
198113,400€15,325$27.6%2.0%
198010,500€15,031$15.4%18.6%
19799,100€12,676$4.6%12.4%
19788,700€11,279$1.2%12.7%
19778,600€10,004$28.4%31.4%
19766,700€7,614$31.4%17.7%
19755,100€6,469$-8.2%
19747,050$29.5%
19735,446$35.7%
19724,014$23.2%
19713,259$25.7%
19702,592$27.6%
19692,032$-13.2%
19682,340$-24.5%
19673,102$-2.7%
19663,189$18.1%
19652,701$18.6%
19642,278$25.5%
19631,816$17.3%
19621,548$10.2%
19611,405$0.3%
19601,401$
Iceland GDP Growth rate evolución
Iceland GDP Per capita evolución
Iceland GDP