Gross Domestic Product of Iceland grew 1.9% in 2019 compared to last year. This rate is 29 -tenths of one percent less than the figure of 4.8% published in 2018.
The GDP figure in 2019 was €21,603$24,184 million, Iceland is number 108 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Iceland dropped €385$1,781 million with respect to 2018.
The GDP per capita of Iceland in 2019 was €59,910$67,745, €2,430$6,770 less than in 2018, when it was €62,340$74,515. 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 2009 when the GDP per capita in Iceland was €29,530$41,221.
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 7th out of the 196 countries whose GDP we publish.