Iceland Iceland GDP - Gross Domestic Product

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GDP Iceland first quarter of 2022

GDP rises 2% in Iceland in first quarter

Gross Domestic Product of Iceland grew 1.1% in the first quarter of 2022 compared to the previous quarter. This rate is 11 -tenths of one percent "} less than the figure of 2.2% published in the forth quarter of 2021.

The year-on-year change in GDP was 7.3%, 34 -tenths of one percent more than the 3.9% recorded in the forth quarter of 2021.

The GDP figure in the first quarter of 2022 was €6,171$5,502 million, Iceland is number 50 in the ranking of quarterly GDP of the 53 countries that we publish.

Iceland has a quarterly GDP per capita, of €16,734$16,734, €3378 $3378 higher than the same quarter last year, it was .

If we order the countries according to their GDP per capita, Iceland is in 5th position of the 53 countries whose quarterly 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 2022
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2022Q1€6,171M$5,502M1.1%7.3%
< GDP Iceland 2021
Quaterly GDP Per Capita 2022
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. Growth
2022Q116,734K7.9%25.3%
< GDP Iceland 2021
Evolution: Annual GDP Iceland
DateAnnual GDPAnnual GDPGDP Growth (%)
2021€21,532M$25,466M4.3%
2020€18,943M$21,625M-7.1%
2019€22,167M$24,820M2.4%
2018€22,241M$26,264M4.9%
2017€21,918M$24,728M4.2%
2016€18,804M$20,793M6.3%
2015€15,795M$17,517M4.4%
2014€13,473M$17,868M1.7%
2013€12,133M$16,125M4.6%
2012€11,480M$14,752M1.1%
2011€10,934M$15,222M1.8%
2010€10,383M$13,751M-2.8%
2009€9,419M$13,154M-7.7%
2008€11,052M$18,075M2.2%
2007€15,827M$21,653M8.5%
2006€13,967M$17,465M6.3%
2005€13,568M$16,853M6.1%
2004€11,136M$13,825M7.8%
2003€10,118M$11,429M2.1%
2002€9,911M$9,318M0.6%
2001€9,177M$8,235M4.0%
2000€9,776M$9,026M5.0%
1999€8,418M$8,982M4.0%
1998€7,571M$8,504M7.4%
1997€6,672M$7,570M5.8%
1996€5,833M$7,426M4.6%
1995€5,442M$7,124M0.1%
1994€5,298M$6,393M3.6%
1993€5,226M$6,225M1.3%
1992€5,377M$7,105M-3.4%
1991€5,501M$6,949M-0.2%
1990€5,017M$6,504M1.2%
1989€5,072M$5,700M0.3%
1988€5,099M$6,145M-0.1%
1987€4,716M$5,561M8.5%
1986€3,998M$4,014M6.3%
1985€3,857M$3,009M3.3%
1984€3,595M$2,892M4.1%
1983€3,079M$2,793M-2.2%
1982€3,246M$3,251M2.2%
1981€3,095M$3,543M4.3%
1980€2,400M$3,434M6.0%
1979€2,048M$2,853M4.9%
1978€1,936M$2,512M6.0%
1977€1,905M$2,209M8.8%
1976€1,472M$1,670M6.0%
1975€1,119M$1,407M0.6%
1974$1,515M5.7%
1973$1,154M6.8%
1972$840M6.2%
1971$670M13.1%
1970$527M7.5%
1969$415M2.4%
1968$474M-5.5%
1967$621M-1.3%
1966$629M8.7%
1965$524M7.3%
1964$434M9.9%
1963$340M10.3%
1962$285M8.3%
1961$254M-0.1%
1960$248M
Evolution: GDP per capita Iceland
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2021€57,800$69,05211.8%17.8%
2020€51,690$58,637-15.9%-14.0%
2019€61,470$68,162-2.5%-9.6%
2018€63,060$75,374-1.2%3.1%
2017€63,830$73,08513.8%16.9%
2016€56,070$62,53017.4%17.5%
2015€47,750$53,22816.0%-3.0%
2014€41,150$54,8649.8%9.5%
2013€37,470$50,1004.7%8.5%
2012€35,800$46,1604.4%-3.4%
2011€34,280$47,7995.0%10.4%
2010€32,650$43,29310.6%5.1%
2009€29,510$41,189-14.7%-28.1%
2008€34,600$57,296-31.9%-18.6%
2007€50,830$70,37510.7%20.8%
2006€45,900$58,2390.1%1.5%
2005€45,850$57,40620.5%20.7%
2004€38,060$47,5808.8%20.1%
2003€34,970$39,6201.5%21.9%
2002€34,460$32,5167.1%11.9%
2001€32,190$29,061-7.4%-10.2%
2000€34,770$32,34414.5%-0.7%
1999€30,370$32,5789.8%4.4%
1998€27,650$31,22012.3%11.3%
1997€24,630$28,04913.6%1.2%
1996€21,690$27,7146.6%3.9%
1995€20,350$26,6822.3%10.6%
1994€19,900$24,1180.5%1.7%
1993€19,800$23,726-3.9%-13.3%
1992€20,600$27,357-3.3%0.7%
1991€21,300$27,1608.1%6.0%
1990€19,700$25,629-2.0%13.3%
1989€20,100$22,627-1.5%-8.8%
1988€20,400$24,8206.3%9.0%
1987€19,200$22,77717.1%37.4%
1986€16,400$16,5722.5%32.5%
1985€16,000$12,5066.7%3.1%
1984€15,000$12,13015.4%2.3%
1983€13,000$11,857-6.5%-15.3%
1982€13,900$14,0033.7%-9.4%
1981€13,400$15,44927.6%2.1%
1980€10,500$15,12915.4%20.3%
1979€9,100$12,5734.6%12.4%
1978€8,700$11,1871.2%12.7%
1977€8,600$9,92428.4%31.4%
1976€6,700$7,55331.4%17.7%
1975€5,100$6,417-8.2%
1974$6,99229.5%
1973$5,40135.7%
1972$3,98123.2%
1971$3,23325.7%
1970$2,57126.5%
1969$2,032-13.2%
1968$2,340-24.5%
1967$3,102-2.7%
1966$3,18918.1%
1965$2,70118.6%
1964$2,27825.5%
1963$1,81617.3%
1962$1,54810.2%
1961$1,4050.3%
1960$1,401
Evolution: GDP growth rate at constant prices Iceland
Evolution: GDP per capita Iceland
GDP Iceland