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Iceland  

GDP Iceland 2017

GDP grows 3.6% in Iceland

Gross Domestic Product of Iceland grew 3.6% in 2017 compared to last year. This rate is 39 -tenths of one percent less than the figure of 7.5% published in 2016.

The GDP figure in 2017 was €21,193$23,941 million, Iceland is number 103 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Iceland rose €2,831$3,637 million with respect to 2016.

The GDP per capita of Iceland in 2017 was €62,636$70,759, €7,936$10,366 higher than in 2016, it was €54,700$60,393. 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 2007 when the GDP per capita in Iceland was €50,000$67,584.

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 5th out of the 195 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.

Quarterly GDP at market prices 2017
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2017Q45,368M.€6,320M.$0.6%1.3%
2017Q35,255M.€6,172M.$3.1%3.4%
2017Q25,454M.€6,011M.$0.3%3.0%
2017Q15,113M.€5,444M.$-2.7%7.2%
< GDP Iceland 2016
Quaterly GDP Per Capita 2017
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2017Q415,865€2.2%2.1%18,679$11.4%2.4%
2017Q315,531€-3.7%8.5%18,243$14.2%2.7%
2017Q216,119€6.7%23.0%17,765$20.1%10.4%
2017Q115,112€-2.8%23.7%16,091$19.5%-4.1%
< GDP Iceland 2016
Evolution: Annual GDP Iceland
DateAnnual GDPAnnual GDPGDP Growth (%)
201721,193M.€23,941M.$3.6%
201618,362M.€20,304M.$7.5%
201515,277M.€16,942M.$4.3%
201413,048M.€17,304M.$2.2%
201311,699M.€15,548M.$4.3%
201211,122M.€14,292M.$1.3%
201110,583M.€14,733M.$2.0%
201010,051M.€13,311M.$-3.6%
20099,269M.€12,944M.$-6.5%
200810,798M.€17,658M.$1.7%
200715,584M.€21,320M.$9.4%
200613,634M.€17,049M.$5.0%
200513,438M.€16,691M.$6.4%
200411,054M.€13,723M.$8.1%
200310,018M.€11,316M.$2.4%
20029,793M.€9,208M.$0.6%
20019,068M.€8,136M.$3.9%
20009,670M.€8,927M.$4.6%
19998,358M.€8,917M.$3.9%
19987,527M.€8,454M.$7.0%
19976,654M.€7,549M.$7.0%
19965,758M.€7,449M.$4.8%
19955,361M.€7,107M.$0.1%
19945,298M.€6,377M.$3.6%
19935,226M.€6,209M.$1.3%
19925,377M.€7,084M.$-3.4%
19915,501M.€6,926M.$-0.2%
19905,017M.€6,483M.$1.2%
19895,072M.€5,682M.$0.3%
19885,099M.€6,123M.$-0.1%
19874,716M.€5,541M.$8.5%
19863,998M.€4,000M.$6.3%
19853,857M.€2,998M.$3.3%
19843,595M.€2,880M.$4.1%
19833,079M.€2,781M.$-2.2%
19823,246M.€3,235M.$2.2%
19813,095M.€3,525M.$4.3%
19802,400M.€3,415M.$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.$
Evolution: GDP per capita Iceland
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
201762,636€70,759$14.5%17.2%
201654,700€60,393$18.4%18.5%
201546,200€50,950$15.8%-3.1%
201439,900€52,580$10.5%10.1%
201336,100€47,742$4.0%7.5%
201234,700€44,405$4.5%-3.7%
201133,200€46,101$5.1%10.3%
201031,600€41,798$9.0%2.6%
200929,000€40,752$-14.2%-26.3%
200833,800€55,292$-32.4%-18.2%
200750,000€67,584$11.6%22.0%
200644,800€55,412$-1.3%-0.4%
200545,400€55,659$20.1%19.1%
200437,800€46,744$9.3%20.0%
200334,600€38,946$1.5%22.0%
200234,100€31,919$7.2%12.4%
200131,800€28,392$-7.6%-9.9%
200034,400€31,504$14.3%-1.4%
199930,100€31,956$9.5%4.2%
199827,500€30,661$11.8%10.6%
199724,600€27,715$15.0%0.4%
199621,400€27,603$7.0%4.1%
199520,000€26,524$0.5%11.0%
199419,900€23,887$0.5%2.0%
199319,800€23,426$-3.9%-13.2%
199220,600€27,000$-3.3%1.3%
199121,300€26,665$8.1%5.3%
199019,700€25,336$-2.0%13.2%
198920,100€22,388$-1.5%-7.9%
198820,400€24,305$6.3%8.6%
198719,200€22,381$17.1%36.6%
198616,400€16,383$2.5%32.4%
198516,000€12,377$6.7%3.4%
198415,000€11,971$15.4%2.6%
198313,000€11,665$-6.5%-15.1%
198213,900€13,734$3.7%-9.5%
198113,400€15,181$27.6%1.9%
198010,500€14,891$15.4%17.5%
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$0.3%
19601,401$
Evolution: GDP growth rate Iceland
Evolution: GDP per capita Iceland
GDP Iceland