Gross Domestic Product of Iceland fell 1.9 in the forth quarter of 2016 compared to the previous quarter. This rate is 45-tenths of one percent less than in the previous quarter, when changed 2.6%.
The year-on-year change in GDP was 7.6%, 41-tenths of one percent less than the 11.7% recorded in the forth quarter of 2016.
The GDP figure in the forth quarter of 2016 was €5,281$5,698 million, Iceland is number 46 in the ranking of quarterly GDP of the 48 countries that we publish.
Iceland has a quarterly GDP per capita, of €15,717$15,717, €3768 $3768 higher than the same quarter last year, it was .
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 4 th out of the 48 countries whose quarterly GDP we publish.